Lumpini Place Ratchayothin

Lumpini Place Ratchayothin is located in Chan Kasem, Chatuchak, Bangkok 10900. It is a High Rise condominium developed by L.P.N. Development Public Company Limited and managed by LPN Property Management. The project was completed around 2011. Its location is one of the key advantages, close to the Ratchayothin intersection, about 700 meters from BTS Phahon Yothin 24 Station and around 1 kilometer from BTS Ratchayothin Station.

The project consists of 2 residential buildings, each 20 storeys high, with approximately 1,822 units in total and around 600 parking spaces. Unit types mainly include studio, 1-bedroom, and 2-bedroom layouts, suitable for single residents, couples, and rental demand from office workers and students in the surrounding area.

Facilities include a swimming pool, fitness room, garden, playground, on-site shops, passenger lifts, and common areas designed for everyday convenience. Security features include 24-hour security guards, key card access, CCTV, and controlled building access.

From an investment and lifestyle perspective, the project benefits from its proximity to Major Ratchayothin, Avenue Ratchayothin, the Criminal Court, Kasetsart University, and office buildings along Phahon Yothin Road, supporting steady residential and rental demand. For a nearby comparison, see Notting Hill Phahol-Kaset.

Lumpini Place Ratchayothin in Chantharakasem-Chatuchak shows a steady, demand-led market in 2026, supported by tenants working and studying around Ratchayothin-Phaholyothin. The project benefits from rail access, located about 700 m from BTS Ratchayothin, which helps maintain leasing liquidity compared with nearby condos in the same budget segment.

• Resale price per unit (1-bed 28-32 sq.m.): around THB 2.35-2.85M
• Average resale price: about THB 85,000-95,000 per sq.m.
• Average rent: THB 11,000-14,000 per month (floor, condition, and furniture matter)

Rental Yield (worked example): assume a purchase price of THB 2.60M and monthly rent of THB 12,500. Annual rent equals 12,500 x 12 = THB 150,000. Gross yield - 150,000 divided by 2,600,000 - is about 5.8% per year (before common fees and taxes). This level is competitive versus newer projects around Lat Phrao that often trade at higher price per sq.m., compressing yields.

Capital Gain outlook: using a conservative 2-4% annual price growth from the THB 85,000-95,000 per sq.m. base, potential capital appreciation is roughly 6-12% over three years. Key risks are building aging and supply competition from newer developments nearby, such as Life Ladprao Valley and Metris Ladprao, which can cap upside if resale pricing runs ahead of rental growth.