Lumpini Park Phahon 32

Lumpini Park Phahon 32 is located in Chan Kasem, Chatuchak, Bangkok 10900. This is a High Rise condominium developed by L.P.N. Development Public Company Limited and managed by LPP Property Management. The project was completed around 2014.

The development consists of 3 residential buildings, each 30 storeys high, with approximately 546 residential units in total. Parking is available for around 200 cars, or about 36% of total units. Unit types include studio, 1-bedroom, and 2-bedroom layouts, with sizes ranging from approximately 24 - 56 square meters. The project suits both owner-occupiers and investors looking for rental demand in the Phahon Yothin - Ratchadaphisek area.

Facilities include a swimming pool, fitness center, garden, multi-purpose room, playground, on-site shops, and shared common areas designed for daily living. Security features include 24-hour security guards, CCTV, key card access, and controlled building entry systems.

The project stands out for its convenient location near Phahon Yothin Road, Ratchadaphisek Road, and Ratchayothin intersection, offering easy access to the city. It is close to MRT Phahon Yothin Station, approximately 2.8 kilometers away, and BTS Ratchayothin Station, approximately 2.3 kilometers away. Nearby landmarks include Major Ratchayothin, Central Ladprao, Union Mall, and Kasetsart University. For a nearby condominium option in the Ladprao area, see Atmoz Ladprao 71.

Lumpini Park Phahon32 (Chan Kasem, Chatuchak) sits in a practical rental zone driven by office workers around Ratchayothin-Phahonyothin and demand linked to Kasetsart University. In 2026, its resale pricing tends to look “value for money” because nearby newer launches generally quote higher entry prices, helping older, well-managed stock remain liquid.

• 2026 resale price (typical 1-bed 26-30 sq.m.): THB 2.15-2.55M per unit
• Price per sq.m.: ~THB 82,000-92,000
• Average rent: THB 9,500-11,500 per month (fully furnished units lease faster)

Rental Yield (worked example) Buy at THB 2.35M, rent at THB 10,500 per month - annual rent THB 126,000. Gross yield = 126,000 ÷ 2,350,000 = 5.36% (before common fees, vacancy, and taxes).

Capital Gain view For the Phahonyothin-Ratchayothin corridor, resale growth is usually gradual rather than explosive. A reasonable base case for 2026-2028 is 2-4% per year, translating to roughly +THB 90k to +THB 190k on a THB 2.35M unit, assuming stable demand and no major oversupply shock. The key investment case is steady rentability and a lower psqm than nearby premium projects (e.g., The Line Jatujak-Mochit) and newer Kaset-area developments.