Lumpini Place Ratchada-Sathu

Lumpini Place Ratchada-Sathu

Sathu Pradit 27 Alley, Sathu Pradit Road, Chong Nonsi Subdistrict, Yan Nawa District, Bangkok, 10120

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Project Type

Condo

EIA Permission

In Progress

Quantity

543 Unit

Completed

2019

Developed By

L.P.N. Development PLC

Floor Plan

No information

Project Location

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Project Concept

Lumpini Place Ratchada-Sathu is shaped around a “comfortable urban living” design idea for Chong Nonsi, Yan Nawa - a location that connects Ratchadaphisek, Rama 3, and Sathorn with ease. The planning prioritizes privacy, minimizes dead corners, and maximizes natural light so daily living feels open rather than compressed.

The architecture adopts a clean, contemporary language with calm tones that are practical to maintain, fitting a neighborhood that blends residential pockets with office-driven activity. Inside, the common areas are designed as “pause points between routines” - from a bright, airy lobby to dedicated reading and work corners, plus clearly zoned lounge seating. This supports modern city residents who split time between commuting, hybrid work, and rest.

Green space is treated as a functional backdrop instead of decoration. Gardens and walkways are positioned to create shaded pockets and better airflow, helping reduce heat typical of dense Bangkok streets. Unit layouts focus on straightforward furniture placement and usable proportions, making the rooms easy to live in and efficient for rental. From an investor perspective, the concept aligns with leasing demand from professionals working around Sathorn and Rama 3, where convenience and low-friction daily use often drive tenant decisions.

Project Highlights

Lumpini Place Ratchada - Sathu is located in Chong Nonsi, Yan Nawa, a practical city zone that links Ratchadaphisek, Rama 3, and Sathorn. It suits CBD workers and investors seeking steady rental demand from nearby office clusters and the growing lifestyle corridor along Rama 3.

  • Work-centric location Surrounded by the Sathorn-Narathiwas office belt and the Rama 3 business strip, supporting a broad tenant base from corporate staff to service professionals.
  • Flexible mobility Convenient road connections via Ratchadaphisek Rd., Sathu Pradit Rd., and Narathiwas Rajanagarindra Rd., making cross-city trips to Sathorn, Silom, and Rama 3 efficient for drivers.
  • Practical facilities True-to-use common areas such as a swimming pool, fitness room, relaxing communal spaces, and security features help keep day-to-day living comfortable and property management straightforward.
  • Value-driven positioning Compared with many condos deeper in Sathorn, this project offers a more attainable entry point while still capturing “inner-city” demand, making it suitable for first-time investment and long-term holding.

Description

Lumpini Place Ratchada-Sathu is a high-rise condominium located on Ratchadaphisek - Sathu Pradit Road, Chong Nonsi, Yannawa, Bangkok 10120. The location offers convenient access to Rama 3, Sathorn, Silom, and Naradhiwas Rajanagarindra, making it suitable for both residential living and rental investment in a well-established urban zone.

The project was developed by L.P.N. Development Public Company Limited and completed around 2009. It consists of 1 residential tower with 35 floors, approximately 543 units, and around 400 parking spaces. Unit types mainly include 1-bedroom, 2-bedroom, and some larger layouts, suitable for singles, couples, and small families.

Facilities include a swimming pool, fitness room, garden, multipurpose area, on-site shops, passenger lifts, and common areas designed for daily convenience. The security system includes 24-hour security guards, CCTV, and key card access. Property management is handled under the LPN Property Management standard, known for organized building maintenance and common area supervision.

Although the project is not directly next to a rail station, it has convenient connections to BRT Thanon Chan Station and BTS Chong Nonsi Station by car or local transport. Nearby landmarks include Central Rama 3, Lotus Rama 3, BNH Hospital, and the Sathorn office district. A nearby condominium in the same area is Star View Rama 3.

Price Trend

Lumpini Place Ratchada - Sathu (Chong Nonsi, Yan Nawa) in 2026 sits in the mid-market Rama 3-Sathu corridor, supported by tenants working in Sathorn-Silom and the riverside office cluster. Price movement is typically steady rather than aggressive, especially when compared with higher-end nearby projects such as Star View Rama 3 or Supalai Icon Sathon, which generally command a higher price per sqm.

  • Resale price per unit: 1-bed 26-30 sq.m. averages THB 2.35-2.85M.
  • Price per sq.m.: typically THB 88,000-100,000 per sq.m. (better condition and higher floors trend to the upper band).
  • Average rent: THB 10,500-13,500 per month for 1-bed, and THB 8,500-10,000 per month for studios.

Rental Yield 2026 (quick math): Buy at THB 2.60M and rent at THB 12,000 per month - annual rent THB 144,000. Gross yield = 144,000 ÷ 2,600,000 = 5.54% (before common fees, taxes, and vacancy).

Capital gain view: Assuming a conservative 1-3% annual growth typical for this submarket, a 2-6% uplift from the 2024-2025 base into 2026 is reasonable. Upside depends on actual rental absorption and new supply pressure. Units acquired below ~THB 90,000 per sq.m. tend to offer a better margin of safety for long-term holding.

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