Lumpini Place Rama 9-Ratchada

Lumpini Place Rama 9-Ratchada is located on Rama 9 Road, Huai Khwang, Bangkok 10320. This condominium is a High Rise project developed by L.P.N. Development Public Company Limited and was completed around 2009. The project stands out for its location near Rama 9 and Ratchadaphisek, one of Bangkok’s major business and residential zones with offices, shopping centers, and large employment hubs nearby.

The project consists of 2 residential towers, each 25 stories high, with approximately 1,165 units in total and around 540 parking spaces. Unit types include studio, 1-bedroom, and 2-bedroom layouts, making it suitable for both owner-occupiers and investors targeting rental demand from office workers in the Rama 9 - Ratchada area.

Facilities include a swimming pool, fitness room, garden, playground, on-site shops, passenger elevators, and common areas designed for daily living. Security features include 24-hour security guards, CCTV, and keycard access control.

In terms of transportation, the project is about 1.2 kilometers from MRT Phra Ram 9 Station and around 1.4 kilometers from MRT Thailand Cultural Centre Station. It also offers convenient access to Rama 9 Road, Ratchadaphisek Road, and Si Rat Expressway. Project management is handled under the standard of LPP Property Management, an affiliated company of the developer, helping maintain the building and common areas efficiently.

If you would like to compare with another condominium project, you can also view Ivy Thonglor.

Lumpini Place Rama 9-Ratchada in Huai Khwang shows a steady 2026 resale and rental profile, supported by office demand from the Rama 9-Ratchada CBD and long-stay tenants. The project connects to MRT Rama 9 at about 1.3 km and MRT Thailand Cultural Centre at about 1.6 km, helping maintain leasing velocity despite strong competition from newer condos nearby.

• Resale price per unit (1-bed 26-32 sq.m.): about THB 2.45-3.20 million
• Average price: roughly THB 98,000-112,000 per sq.m.
• Average rent: around THB 12,500-16,000 per month (fully furnished units tend to outperform)

Rental Yield example (gross): Buy at THB 2.80M and rent at THB 14,000 per month = THB 168,000 per year. Gross yield = 168,000 - 2,800,000 = 6.0% (before common fees, taxes, and vacancy).

Capital gain outlook: assuming a mature-cycle appreciation of 2-4% per year, a typical 1-bed unit could see THB 60,000-110,000 annual value growth. The key investment angle is affordability versus new launches, making it more suitable for cashflow-focused investors and longer holding periods rather than short-term speculation.