Lumpini Place Narathiwat 24

Lumpini Place Narathiwat 24 is a high-rise condominium located on Soi Naradhiwas Rajanagarindra 24, Chong Nonsi, Yannawa, Bangkok 10120. The project sits in the Rama 3 - Naradhiwas area, offering convenient access to Sathorn, Silom, and nearby expressways, making it suitable for both owner-occupiers and investors seeking rental demand from the surrounding business districts.

Developed by L.P.N. Development Public Company Limited, the project consists of 1 residential building with 30 floors and approximately 566 units, with around 300 parking spaces. Unit types include studio, 1-bedroom, and 2-bedroom layouts, suitable for working professionals, couples, and small families.

Facilities include a swimming pool, fitness center, garden, multi-purpose room, retail shops, and common areas designed for daily living. The security system includes 24-hour security personnel, CCTV, and key card access control. The project was completed around 2007 and is managed under the standard property management system associated with LPN, known for organized common area maintenance and practical residential management.

Overall, this project is a practical option for buyers looking for a condominium in the Rama 3 area with accessible pricing, convenient city connectivity, and proximity to office buildings, international schools, and lifestyle destinations in the Sathorn - Rama 3 zone. For comparison with a nearby development, see Star View Rama 3.

Lumpini Place Narathiwat 24 sits in the Narathiwat-Rama 3 business pocket, where pricing tends to move steadily rather than spike, supported by office-driven rental demand from Yan Nawa-Sathon commuters.

• 2026 resale prices: 1-bed 30-35 sq.m. typically THB 2.35-2.85M, about THB 78,000-92,000 per sq.m.
• 2-bed 45-55 sq.m. typically THB 3.6-4.7M, about THB 80,000-95,000 per sq.m.
• Average rents: 1-bed THB 12,000-16,000 per month; 2-bed THB 18,000-25,000 per month

Rental Yield example (gross): buy a 32 sq.m. 1-bed at THB 2.56M and rent at THB 14,000 per month = THB 168,000 per year. Yield = 168,000 - 2,560,000 = 6.6% p.a. This level is competitive for the Rama 3 corridor, where rents are anchored by nearby employment nodes.

Capital gain view: assuming a conservative 2-3% annual appreciation, and an estimated 2024 market band of THB 75,000-88,000 per sq.m., 2026 pricing at THB 78,000-92,000 per sq.m. implies roughly 4-6% growth over two years. Upside is moderate, but volatility is typically lower than newer prime projects; units with good condition, practical layouts, and mid-to-high floors tend to preserve resale liquidity against newer supply.