Lumpini Ville Chaengwatthana 10

Lumpini Ville Chaengwatthana 10 is a high-rise condominium located on Chaeng Watthana Road, Thung Song Hong, Lak Si, Bangkok 10210. The project was developed by L.P.N. Development Public Company Limited and completed in 2015. It is designed for practical urban living in the Chaeng Watthana area, with convenient access to government offices and Vibhavadi Rangsit Road.

The development consists of 2 residential buildings, each 22 storeys high, with approximately 871 residential units and around 300 parking spaces. Unit types include studio, 1-bedroom, and 2-bedroom layouts, with sizes starting from about 22 - 45 square meters. This makes the project suitable for both owner-occupiers and investors seeking rental demand in the Lak Si - Chaeng Watthana area.

Facilities include a swimming pool, fitness room, garden, playground, on-site shops, and common areas for relaxation. The security system includes 24-hour security guards, CCTV, and keycard access. Property management follows the standard of LPN, known for consistent maintenance and organized common area management.

For transportation, the project is close to the Pink Line, National Telecom Station, approximately 700 meters away, and about 2.5 kilometers from Lak Si Station on the Red Line. Nearby landmarks include Chaeng Watthana Government Complex, IT Square Lak Si, Lotus's, and Mongkutwattana Hospital. This location is well suited for government employees, office workers, and residents looking for a condo near public transit. A nearby project is Knightsbridge Phaholyothin - Interchange.

Lumpini Ville Chaengwatthana 10 in 2026 sits in the “liveable and rentable” segment serving the Chaengwatthana government complex and the Vibhavadi-Don Mueang employment belt. Demand is driven mainly by office staff and airport-related workers, which supports occupancy. Price movement is typically steadier than newer nearby launches such as Origin Place Chaengwattana and Knightsbridge Phaholyothin - Interchange, but the project remains attractive for investors seeking lower absolute entry tickets per unit.

• Resale price per unit (1-bedroom 26-30 sq.m.): THB 1.55-1.95M
• Average resale price: THB 58,000-68,000 per sq.m. (renovated units can reach ~THB 70,000 per sq.m.)
• Average rent: THB 7,500-9,500 per month (fully furnished units lease faster)

• Rental Yield calculation (example): Buy at THB 1.75M, rent at THB 8,500 per month - annual rent THB 102,000. Gross yield = 102,000 ÷ 1,750,000 = 5.83% p.a.
• Typical gross yield range: ~5.0-6.5% p.a., depending on purchase price and furnishing quality

Capital gain outlook for 2026: upside is likely gradual rather than sharp, due to competition from new supply along Chaengwatthana. However, stable end-user and tenant demand can provide downside protection. If an investor can acquire below THB 60,000 per sq.m. and hold for 3 years, a realistic appreciation range is about 2-4% per year (roughly 6-12% total), with renovated, well-priced units showing better liquidity.