Lumpini Place Suksawat-Rama 2

Lumpini Place Suksawat - Rama 2 is a High Rise condominium located at 144 Chom Thong, Chom Thong District, Bangkok 10150. The project sits on a convenient location connecting Suksawat Road, Rama 2 Road, and Chom Thong area, making it suitable for residents working in Thonburi and those commuting toward the inner city. It was developed by L.P.N. Development Public Company Limited and completed in 2014.

The project consists of 1 residential tower with 32 floors, around 700 units, and parking for approximately 40% of total units. Room types include studio, 1-bedroom, and 2-bedroom layouts, with sizes starting from around 22 - 52 square meters. This mix supports both owner-occupiers and investors looking for rental demand in the area.

Facilities include a swimming pool, fitness room, garden, multi-purpose room, on-site shops, and passenger lifts. The security system includes 24-hour security guards, CCTV, and key card access control. Property management is handled by LPP Property Management, an affiliate of the project developer.

A key advantage of the project is easy access to nearby amenities such as local markets, Bangpakok 9 International Hospital, Central Rama 2, and Big C Rama 2. The nearest mass transit point is MRT Dao Khanong Station on the southern Purple Line route, which supports the long-term potential of this location. For comparison, you may also explore a nearby project, Bangkok Feliz Krungthonburi Station.

Lumpini Place Suksawat-Rama 2 (Chom Thong) remains a “reachable” condo in 2026, especially when compared with BTS-oriented Thonburi projects such as Ideo Wutthakat or Beat Bangwa, where price per sq.m. is typically higher. This positioning supports both end-users and buy-to-let investors targeting workers around Rama 2 and Suksawat.

• Resale price per unit: 1-bedroom 26-30 sq.m. averages about THB 1.55-1.85M
• Resale price per sq.m.: roughly THB 58,000-68,000 per sq.m. (better condition and mid-high floors tend to reach the upper band)
• Average rent: THB 7,500-9,500 per month for studio to 1-bedroom units, depending on furniture and view

Rental yield (worked example): Purchase at THB 1.70M and rent at THB 8,500 per month. Annual rent = 8,500 x 12 = THB 102,000. Yield = 102,000 ÷ 1,700,000 = 6.0% per year (before common fees, vacancy, and maintenance).

Capital gain outlook: With a relatively low entry price and steady tenant demand from the Rama 2 employment base, price growth is more likely to be gradual than aggressive. A reasonable assumption is 2-4% per year; over a 3-year hold, that implies roughly 6-12% upside, with renovated, move-in-ready units generally enjoying stronger liquidity in the resale market.