Maestro 03 Ratchada-Rama 9

Maestro 03 Ratchada-Rama 9 is a low-rise condominium located at 540 Soi Ratchadaphisek 3, Din Daeng, Din Daeng, Bangkok 10400. The project is positioned near the Rama 9 intersection and the Ratchada-Rama 9 business district, offering convenient city access. It is approximately 700 meters from MRT Phra Ram 9 Station and about 1.2 kilometers from MRT Thailand Cultural Centre Station.

Developed by Major Development Estate Co., Ltd., the project is a low-rise condominium with 1 building, 8 floors, around 197 residential units, and approximately 70 parking spaces. The project was completed in 2014. Room types include 1-bedroom, 2-bedroom, and duplex units, with sizes starting from around 29 - 67 square meters, suitable for both owner-occupiers and rental investment.

Facilities include a swimming pool, fitness room, library, garden area, lobby, and common spaces for daily use. The security system includes 24-hour security guards, CCTV, key card access, and controlled building entry. Project management is handled by the condominium juristic person, supporting organized maintenance of common areas.

The project stands out for its proximity to Central Rama 9, Fortune Town, Esplanade Ratchada, and many office buildings in the Rama 9 area. This makes it appealing for urban residents and investors looking for a condo near mass transit in one of Bangkok's emerging CBD locations. A nearby project of interest is Ivy Thonglor.

Maestro 03 Ratchada-Rama 9 (Din Daeng) in 2026 shows relatively firm resale pricing, supported by office-driven demand around Rama 9-Ratchada and access to MRT Phra Ram 9 at about 1.2 km. Rental take-up remains steady, although nearby new launches can cap short-term price upside.

• Average resale price per unit: THB 3.35M (1-bedroom, 28 sq.m.)
• Average price per sq.m.: ~THB 120,000 (commonly seen range THB 110,000-135,000)
• Average rent: THB 16,500 per month (28 sq.m., fully furnished)

Rental Yield (simple method): annual rent THB 16,500 x 12 = THB 198,000. Divide by purchase price THB 3,350,000 = 0.059, or about 5.9% per year (before common fees, maintenance, and vacancy). This level is considered competitive among MRT-oriented condos in the Rama 9 corridor.

Capital Gain view: using an indicative 2024-2025 level near THB 115,000 per sq.m. versus a 2026 average around THB 120,000 per sq.m., the uplift is roughly 4%-5% over 1-2 years (about 2%-3% per year). Upside is supported by proximity to the employment hubs (Rama 9-Asoke), but resale liquidity typically improves for mid-to-high floors with open views, which helps reduce buyer negotiation pressure.