Lumpini Suite Ratchada-Rama 3

Lumpini Suite Ratchada-Rama 3

Naradhiwas 24 Alley, Naradhiwas Road, Chong Nonsi Subdistrict, Yan Nawa District, Bangkok, 10120

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Project Type

Condo High Rise

Land Size

3 Ngan86 Sq.wa

EIA Permission

approved

Quantity

9 Floor 1 Building 53 Unit

Parking

46 Parking

Completed

2005

Developed By

L.P.N. Development PLC

Floor Plan

No information

Project Location

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Project Concept

Lumpini Suite Ratchada-Rama 3 is shaped around a practical “live-well after work” design idea, reflecting the everyday rhythm of Chong Nonsi-Yan Nawa, where Rama 3 links to Sathorn and Ratchada. The concept focuses on privacy, real usability, and low-maintenance living for urban professionals who want a calm home base rather than a flashy showcase.

The building expression leans contemporary and clean, using simple lines and clear proportions. Common areas are planned to feel open and bright, inviting natural daylight to reduce the heavy, enclosed feeling often found in dense city projects. A light color palette with darker accents supports a neat, timeless look and helps spaces appear brighter during the day.

Planning emphasizes straightforward circulation and clear zoning. Residential areas are separated from shared facilities to keep daily noise under control, while relaxation corners and a balanced amount of greenery are introduced to soften the urban edge. Given the project’s proximity to major roads and the Chao Phraya River corridor, the design intention is to create a buffer-like atmosphere - helping residents unwind and feel more insulated from traffic intensity.

From an investor’s perspective, the “value-driven, easy-to-care” approach supports rental demand among office workers in the Sathorn-Rama 3 business zone and nearby employment clusters. The overall identity stays understated yet dependable, which typically performs well for long-term occupancy and resale.

Project Highlights

Lumpini Suite Ratchada-Rama 3 is located in Chong Nonsi, Yan Nawa, a practical residential pocket that links Sathorn, Rama 3, and Ratchada with flexible routes. The area benefits from steady rental demand driven by nearby business districts and the Rama 3 riverside lifestyle, making it suitable for both end-users and investors targeting long-term tenants, especially office workers around Sathorn and Naradhiwas.

  • Livable, well-connected location Close to Rama 3 Road and Naradhiwas Rajanagarindra Road, enabling convenient access to Sathorn, Silom, and Khlong Toei while retaining a calmer neighborhood feel than the CBD core.
  • Commuting advantage Quick access to Chalerm Maha Nakhon Expressway and Si Rat Expressway helps reduce peak-hour travel time, appealing to car commuters and tenants working across multiple zones.
  • Everyday facilities Designed for daily use with a swimming pool, fitness room, relaxation areas, and security system, supporting comfortable long-stay living.
  • Investment edge Positioned between Sathorn and Rama 3, it attracts a broad tenant base, improving occupancy potential and rental stability over time.

Description

Lumpini Suite Ratchada-Rama 3 is a high-rise condominium located on Ratchadaphisek Road, Chong Nonsi, Yan Nawa, Bangkok 10120. The project offers convenient access to Rama 3, Sathorn, and Naradhiwas Rajanagarindra roads, making it suitable for both residential living and city commuting. It was developed by L.P.N. Development Public Company Limited and completed in 2019, with property management under the LPN group.

The project consists of 1 residential tower with 35 floors and approximately 623 units. Parking is available for around 40 percent of total units. Unit types include 1-bedroom and 2-bedroom layouts, with sizes starting from approximately 28 - 63 square meters. The location is about 700 meters from BRT Thanon Chan Station, and it also provides convenient connections to BTS Chong Nonsi via main roads.

Facilities include a lobby, swimming pool, fitness center, garden, multi-purpose room, co-working style seating area, and on-site shops. Security features include 24-hour security guards, CCTV, key card access, and controlled entry systems.

Nearby landmarks include Central Rama 3, Lotus's Rama 3, Sarasas Ektra School, and BNH Hospital. These surrounding amenities support both owner-occupiers and investors looking for a condominium in the southern CBD fringe of Bangkok. For a nearby project, see Bangkok Feliz Krungthonburi Station.

Price Trend

Lumpini Suite Ratchada-Rama 3 (Chong Nonsi, Yan Nawa) remains a relatively affordable condo pocket in 2026 compared with nearby CBD-oriented projects such as Rhythm Sathorn or Metro Luxe Rama 4, which typically trade at a noticeably higher price per sq.m. This positioning supports both end-users and investors who prioritize stable rental cashflow.

  • Resale price per unit (1-bed 28-32 sq.m.): around THB 2.35-2.85M
  • Average resale price: THB 85,000-95,000 per sq.m. (fully furnished units often sit above the average)
  • Average rent (1-bed): THB 11,000-14,000 per month

Rental Yield (gross) in a conservative case: rent THB 12,500 per month = THB 150,000 per year. If the purchase price is THB 2.60M, gross yield = 150,000 - 2,600,000 = 5.77% per year (before common fees, taxes, and vacancy). Actual rent performance depends heavily on unit condition, furniture package, and tenant profile.

For Capital Gain in 2026, upside is likely gradual rather than aggressive, estimated at 2-4% per year, supported by a lower entry price base and rental demand from workers commuting to Rama 3-Sathorn. Key risk is resale competition if multiple similar units hit the market; therefore, investor returns depend on buying below market and selecting a unit with strong rental appeal.

Facilities

Lobby
Swimming Pool
Fitness
Sauna
Garden
Security system
Entrance & Exit  Access Key Card
CCTV system
Security Guard: 24 hours service

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