Lumpini Place Pinklao 2

Lumpini Place Pinklao 2 is located at 89 Arun Amarin, Bangkok Noi, Bangkok 10700. This condominium is a High Rise residential project on the Pinklao - Borommaratchachonnani area, a well-connected location on the Thonburi side with convenient access to the city center. It is suitable for both owner-occupiers and investors looking for rental demand in the Pinklao area.

The project was developed by L.P.N. Development Public Company Limited and completed around 2007. It consists of 1 residential building with 22 floors, approximately 580 units, and around 300 parking spaces. Unit types mainly include studio, 1-bedroom, and 2-bedroom layouts, with practical living space designed for urban lifestyles in line with the LPN concept.

Facilities within the project include a swimming pool, fitness room, garden, playground, on-site shops, passenger lifts, and common areas for residents. The security system includes 24-hour security guards, CCTV, and key card access control.

In terms of management, the project benefits from the standard LPN-style property management, known for organized common area maintenance and juristic management. The location offers convenient connections to Arun Amarin Road, Charan Sanitwong Road, and Rama VIII Bridge. Nearby landmarks include Central Pinklao, Major Cineplex Pinklao, Siriraj Hospital, and Thammasat University Tha Phra Chan. For a nearby project, see Lumpini Park Pinklao.

Lumpini Place Pinklao 2 (Arun Amarin, Bangkok Noi) in 2026 sits in a mid-priced resale segment on Thonburi side, supported by rental demand from Siriraj-area hospital staff, students, and Pinklao office workers.

• Resale price per unit: 1-bed 28-32 sq.m. typically 2.05-2.45 MB (calculation base: 2.20 MB).
• Price per sq.m.: about 72,000-85,000 THB per sq.m. (avg ~78,000 THB per sq.m.).
• Average rent: 9,500-12,000 THB per month (base: 10,500 THB per month for 1-bed).

Rental Yield (2026): simplified method 10,500 x 12 = 126,000 THB per year. 126,000 / 2,200,000 = 5.73% p.a. (before common fees and vacancy). This yield is relatively attractive versus newer nearby projects where higher selling prices often compress yields.

Capital Gain outlook: based on a steady, non-speculative resale market, a reasonable expectation for 2026-2028 is 1-3% growth per year, or roughly 20,000-65,000 THB per unit annually on a 2.2 MB base. Upside comes from sustained end-user demand around Siriraj-Pinklao, while downside risk is competition from newer supply around Bang Khunnon and Yaek Fai Chai, which may cap price acceleration but can keep rental demand resilient.