Lunpini Park Rama 9-Ratchada

Lumpini Park Rama 9-Ratchada is a High Rise condominium located at 888 Rim Khlong Samsen Road, Bang Kapi, Huai Khwang, Bangkok 10320. The project is positioned in the Rama 9 area with convenient access to Ratchadaphisek, one of Bangkok’s major business and residential zones. Developed by L.P.N. Development Public Company Limited, the project was completed around 2011 and is known for its large scale and practical residential environment.

The development consists of 3 residential buildings, each 24 storeys high, with approximately 1,540 units in total and about 580 parking spaces. Unit types include studio, 1-bedroom, and 2-bedroom layouts, with sizes starting at around 26-52 square meters. This makes the project suitable for both owner-occupiers and investors seeking rental demand from office workers in the Rama 9 business district.

Facilities include a swimming pool, fitness center, garden areas, multi-purpose room, playground, retail shops, and common recreation spaces. Security features include 24-hour security personnel, CCTV, and key card access control. Building management is handled under the LPN management system, which is generally recognized for organized maintenance and large-project administration.

For transportation, the project is near MRT Phra Ram 9 Station and MRT Thailand Cultural Centre Station, at an approximate distance of 1.5-2.5 kilometers depending on the route. The surrounding area includes shopping malls, office towers, and urban conveniences within Bangkok’s New CBD. For comparison with another condominium project, you may also explore Ivy Thonglor.

Lumpini Park Rama 9-Ratchada in 2026 shows a steady, fundamentals-driven market. Demand is supported by the Rama 9-Ratchada office cluster and lifestyle hubs around Rama 9 intersection. Access to rail transit is workable: MRT Phra Ram 9 is about 2.2 km away, and MRT Thailand Cultural Centre is about 2.6 km away, which helps rental liquidity for budget to mid-range tenants.

2026 pricing and rent snapshot (typical investor units)

• Resale price per unit: THB 2.35-2.95M (studio to 1-bed, 23-30 sq.m.)
• Average price per sq.m.: ~THB 95,000-115,000 per sq.m.
• Average rent: THB 10,500-13,500 per month (fully furnished)

Rental Yield in 2026 (quick calculation): buy at THB 2.65M and rent at THB 12,000 per month - annual rent THB 144,000. Yield = 144,000 - 2,650,000 = 5.43% per year (before common fees, vacancy, and agent costs). In practice, achievable yields often fall around 4.8-5.6% depending on unit condition, furniture budget, and tenant turnover.

Capital Gain outlook: upside remains, but more gradual than new-launch projects in the wider Rama 9 area. A reasonable expectation is 2-4% per year over the next 12-24 months, assuming resale supply stays balanced and the Rama 9 business district continues to expand.