Lumpini Park Phetkasem 98
Phet Kasem 98 Alley, Phet Kasem Road, Bang Khae Nuea Subdistrict, Bang Khae District, Bangkok, 10160
Project Type
Land Size
EIA Permission
Quantity
Completed
Developed By
Floor Plan
No information
Project Location
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Nearby Locations
MRT Lak Song (BL38)
1.8 km.
MRT Bang Khae (BL37)
2.6 km.
MRT Phasi Charoen (BL36)
3.4 km.
MRT Phetkasem 48 (BL35)
4.2 km.
Project Concept
Lumpini Park Phetkasem 98 is built around a “city living with a touch of nature” design concept. The project uses its common areas as the main backbone to soften the feel of a major road location and create a daily retreat-like atmosphere, where greenery becomes part of everyday life rather than a decorative add-on.
The landscape design focuses on usable green spaces and connected walkways between buildings. These areas are planned for real routines - light exercise, evening strolls, and quiet seating corners - giving the overall environment a more open and relaxed character compared with many Bang Khae condominiums that prioritize building mass over outdoor comfort.
Architectural and interior planning emphasizes simplicity and easy maintenance. Unit layouts are designed for efficient use of space, fitting the needs of working residents and starter families. Functional zones are separated to reduce disturbance between rest areas and activity spaces, supporting a calmer living rhythm.
From an investment viewpoint, the “practical park and active common facilities” concept can strengthen long-term livability and help preserve value against nearby competing projects. At the same time, residents still benefit from Bang Khae’s established neighborhood amenities, with shops and services close at hand.
Project Highlights
Lumpini Park Phetkasem 98 stands out in Bang Khae Nuea, a practical West Bangkok neighborhood where daily living is supported by established communities and services. The location suits both end-users and investors seeking stable rental demand from local employees and families who prioritize value and convenience along Phetkasem Road.
- Neighborhood advantage Positioned in Bang Khae Nuea, surrounded by everyday amenities and residential areas, making routine errands and lifestyle needs easy without relying on distant hubs.
- Driving connectivity Convenient access to Phetkasem Road and Kanchanaphisek Road, supporting commutes toward Thonburi and inner Bangkok as well as outbound trips, with straightforward routes.
- Functional facilities Common areas focus on real use-cases such as relaxing spaces, fitness-oriented zones, and activity areas, helping residents reduce outside spending and save time.
- Distinct selling point Offers a calmer living atmosphere than the busiest retail-front stretches of Phetkasem, while still benefiting from Bang Khae’s established infrastructure.
Compared with nearby Bang Khae condominiums, the project’s key strength is its balance of quieter surroundings and strong access to main roads, supporting long-term holding potential in a continuously developing area.
Description
Lumpini Park Phetkasem 98 is a high-rise condominium located on Phetkasem 98 Road, Bang Khae Nuea, Bang Khae, Bangkok 10160. The project sits in a convenient western Bangkok location with easy access to Phetkasem Road and Kanchanaphisek Road. It is approximately 2.5 kilometers from MRT Lak Song Station on the Blue Line, and close to The Mall Bangkae and Seacon Bangkae, making it suitable for both owner-occupiers and rental demand from working residents in the Bang Khae area.
The project was developed by L.P.N. Development Public Company Limited and completed around 2014. It is a high-rise residential development consisting of 3 buildings, each 21 storeys high, with around 2,706 residential units and retail units within the project. Parking is available for approximately 900 cars, or about 33% of total units. Unit types include studio, 1-bedroom, and 2-bedroom layouts, with sizes starting from around 22 - 52 square meters, suitable for first-job buyers and small families.
Facilities include a swimming pool, fitness room, garden areas, playground, multi-purpose room, on-site shops, and large common areas designed in LPN's community living style. Security features include 24-hour security guards, CCTV, and key card access control. Property management is handled by the LPN management team, helping maintain the building and common areas on an ongoing basis.
For a nearby condominium comparison, you may also consider Lumpini Ville Bangkae.
Price Trend
Lumpini Park Phetkasem 98 (Bang Khae Nuea) in 2026 remains a “budget-friendly” resale option versus nearby Bang Khae condos such as Lumpini Ville Bangkae and The Niche id Bangkhae, which often command slightly higher prices per sq.m. in more transit-adjacent pockets.
- Resale price per unit: Studio-1BR 23-30 sq.m. averages THB 1.45-1.95M
- Price per sq.m.: roughly THB 55,000-70,000 depending on floor, view, and condition
- Average rent: THB 6,500-8,500 per month for 23-30 sq.m. units
Rental Yield (simple worked example): buy at THB 1.65M and rent at THB 7,500 per month. Annual rent = 7,500 x 12 = THB 90,000. Yield = 90,000 / 1,650,000 = 5.45% per year (before common fees, taxes, and vacancy).
Capital gain outlook is best viewed conservatively. If resale prices grow about 2-4% per year, supported by end-user demand and relative pricing vs nearby projects, that implies roughly THB 33,000-66,000 annual appreciation on a THB 1.65M unit. Key risk to monitor is rental competition in the Bang Khae area; a high number of investor-owned units can cap rent growth and keep total returns more stable than aggressive.
Facilities
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