Le Raffine Sukhumvit 24

Le Raffine Sukhumvit 24 is a luxury high-rise condominium located at 52/1 Khlong Tan, Khlong Toei, Bangkok 10110, in Sukhumvit 24. The project sits in the prime Phrom Phong area, close to Emporium, EmQuartier, and Emsphere, and is approximately 650 meters from BTS Phrom Phong Station, making it attractive for both residential living and long-term investment.

Developed by Le Raffine 24 Co., Ltd., the project was completed around 2005. It consists of 1 residential tower with 30 floors and approximately 54 units, offering a low-density living environment compared with many central Bangkok condominiums. Parking is available for about 100% of the units. A key highlight is the large unit size, high ceilings, and duplex layouts, with many residences featuring private swimming pools.

Unit types include 2-bedroom, 3-bedroom, 4-bedroom, and penthouse layouts, with spacious living areas suitable for families and buyers seeking privacy. Facilities include a swimming pool, fitness center, passenger lifts, lobby, and shared relaxation areas.

Security features include 24-hour security guards, CCTV, and controlled access systems. Day-to-day management is generally handled by the condominium juristic person, responsible for common area maintenance and building operations.

From a location and investment perspective, the project benefits from strong demand in the inner Sukhumvit market among both Thai and foreign buyers. A nearby condominium of interest is Ivy Thonglor.

Le Raffine Sukhumvit 24 (Phrom Phong area) in 2026 continues to trade on a luxury price base supported by proximity to Emporium-EmQuartier and Benchasiri Park. The location connects Sukhumvit Road to Rama 4, keeping demand resilient for both owner-occupiers and tenants. The project is about 800 m from BTS Phrom Phong, typically walkable or accessible via in-soi transport.

• Resale price per unit: 1-bedroom 55 sq.m. around THB 16.5-18.5M
• Average selling price per sq.m.: approx. THB 300,000-335,000
• Average rent: THB 65,000-80,000 per month (1-bedroom 55 sq.m.)

Rental Yield (worked example): buying at THB 17.5M and renting at THB 72,000 per month gives annual rent of THB 864,000. Yield = 864,000 - 17,500,000 = 4.94% p.a. (before common fees, taxes, and vacancy). This level is typical for Phrom Phong where tenant quality and liquidity often matter more than chasing high yields.

Capital Gain view: with limited luxury supply inside Sukhumvit 24 and a higher share of long-term holders, a 2-4% annual price growth over 2026-2028 is plausible if the economy and foreign demand keep improving. Key risk: older interior conditions can widen the pricing gap, meaning individual unit quality may drive performance more than the project average.