Lumpini Place Narathiwatratchanakarin

Lumpini Place Narathiwatratchanakarin is located at 200 Chong Nonsi, Yannawa, Bangkok 10120. This condominium is a High Rise project developed by L.P.N. Development Public Company Limited and was completed around 2007. The project consists of 2 residential towers, each 29 storeys high, with approximately 1,304 units in total. Parking spaces are provided according to the project allocation, making it suitable for residents seeking a condominium on Naradhiwas Rajanagarindra Road with convenient access to Sathorn, Rama 3, and Silom.

Unit types include studio, 1-bedroom, and 2-bedroom layouts, suitable for single residents, couples, and small families. Common facilities generally include a swimming pool, fitness center, garden, playground, retail shops, and shared living areas. The security system includes 24-hour security guards, CCTV, and key card access.

The project stands out for its location on Naradhiwas Rajanagarindra Road, near BRT Thanon Chan Station at approximately 700 meters, with convenient connections to BTS Chong Nonsi. This makes it attractive for both owner-occupiers and rental investors targeting office workers in the Sathorn area. The project management follows the Lumpini standard, known for organized common area maintenance and a practical residential environment. For those comparing urban condominium options, Siri at Sukhumvit is another project worth considering.

Lumpini Place Narathiwatratchanakarin (Chong Nonsi, Yan Nawa) in 2026 sits in the “rental-friendly value” segment versus newer Sathon-Rama 3 launches, supported by office demand along Narathiwat-Sathon and tenants commuting to the CBD. Access is practical via BRT Thanon Chan (about 1.4 km) and BTS Chong Nonsi (about 3.6 km).

• Resale price per unit: 1-bed 30-35 sq.m. averages THB 2.55-3.10M (calculation base: THB 2.85M for 33 sq.m.)
• Price per sq.m.: about THB 85,000-100,000 (base: THB 86,000 per sq.m.)
• Average rent: THB 12,000-16,000 per month (base: THB 14,000)

Rental Yield 2026: 14,000 x 12 = THB 168,000 per year; Yield = 168,000 / 2,850,000 = 5.9% per year (before common fees, taxes, and vacancy).

Capital Gain: Using a conservative 2-4% annual appreciation assumption for the Rama 3-Narathiwat area, prices may rise about 6-12% over 3 years, or roughly +THB 170k to +THB 340k from the THB 2.85M base. Key watch-outs are supply competition from nearby new projects and whether light renovation can push achievable rent beyond THB 15,000 to protect yield.