M Phyathai

M Phayathai is located on Phaya Thai Road, Thanon Phaya Thai, Ratchathewi, Bangkok 10400. It is a High Rise condominium in a central Bangkok location near Phaya Thai intersection and the Ratchathewi area. The project offers convenient access by both private car and public transport, with BTS Phaya Thai Station and Airport Rail Link Phaya Thai Station approximately 300 meters away.

The project was developed by Major Development Public Company Limited and completed around 2014. It consists of 1 residential building with 35 floors and approximately 213 units, with parking provided for residents. Unit types mainly include 1-bedroom, 2-bedroom, and penthouse layouts, designed for urban living with a sense of privacy.

Facilities include a lobby, swimming pool, fitness center, sauna, garden, and passenger lifts. The security system features 24-hour security guards, CCTV, and key card access control.

For management, the condominium juristic person oversees common area maintenance and daily operations. With its strong location linking Siam, Ratchathewi, and Phaya Thai, the project is suitable for both self-occupancy and rental investment. A nearby project of interest is Villa Rachatewi.

M Phayathai (Phayathai Rd., Ratchathewi) in 2026 is supported by a practical renter base from the CBD linkage plus medical and education hubs. The project is about 300 m from BTS Phaya Thai and about 350 m from Airport Rail Link Phaya Thai, which typically helps occupancy stay resilient compared with inner-city condos that rely heavily on foreign demand.

• Resale price per unit (1-bed 30-35 sq.m.): THB 6.2-7.5M
• Average resale price: THB 205,000-225,000 per sq.m.
• Average rent: THB 24,000-29,000 per month (fully furnished)

Rental Yield (worked example) Assume a purchase at THB 6.8M and rent at THB 27,000 per month. Annual rent = 27,000 x 12 = THB 324,000. Gross yield = 324,000 ÷ 6,800,000 = 4.76% p.a. (before common fees, taxes, and vacancy).

Capital Gain outlook With nearby station-oriented markets often growing around 3-5% per year recently, 2026 upside is likely steady rather than explosive. A reasonable 12-month expectation is +3% to +6% (roughly +THB 6,000 to +THB 13,000 per sq.m.). Liquidity is a key advantage: resale and leasing demand tends to be broader than some neighboring high-end stock such as Villa Rachatewi, where pricing can be higher but the renter pool is narrower.