Maestro 12 Ratchathewi

Maestro 12 Ratchathewi is a high-rise condominium located at 368 Thung Phaya Thai, Ratchathewi, Bangkok 10400. The project was developed by Major Development Estate Co., Ltd. and completed around 2015. It consists of 1 residential building with 29 floors and approximately 179 units. Parking is provided for about 67% of the units, excluding double parking. The project suits urban residents seeking privacy and convenient transportation, with BTS Ratchathewi about 400 meters away and Airport Rail Link Phaya Thai about 650 meters away.

Unit types include 1-bedroom, 2-bedroom, and penthouse layouts, with sizes starting from around 26 - 80 square meters. Facilities include a swimming pool, fitness room, steam room, garden, lobby, and passenger elevators. Security features include 24-hour security guards, CCTV, key card access, and controlled entry system.

In terms of management, the common areas are maintained to the standard expected of a city condominium. The location is surrounded by Siam, Phaya Thai, and Pratunam, close to Phyathai 1 Hospital, King Power Rangnam, and major shopping destinations. This makes it attractive for both end-users and rental investors due to steady demand from office workers and students. You may also explore a nearby project here: Bangkok Feliz Krungthonburi Station

Maestro 12 Ratchathewi in 2026 shows resilient resale pricing, supported by inner-city demand and strong transit access. The project is about 650 m to BTS Ratchathewi and around 750 m to BTS Phaya Thai, which helps sustain rental take-up from office workers around Siam-Phaya Thai and nearby hospitals and campuses.

• Resale price per unit: 1-bedroom, 30 sq.m. averages THB 5.6M
• Resale price per sq.m.: ~THB 185,000 (commonly ~170,000-205,000 depending on view and condition)
• Average rent: ~THB 22,000 per month for a 30 sq.m. 1-bedroom

Rental Yield (2026): Annual rent = 22,000 x 12 = THB 264,000. Gross yield = 264,000 - 5,600,000 = 4.7% p.a. (before common fees, taxes, and vacancy). This level is typical for prime Bangkok locations: yields are moderate, but liquidity and tenant demand tend to be steadier than suburban stock.

Capital Gain outlook: If the 2024-2025 market traded near ~THB 175,000 per sq.m., moving to ~THB 185,000 per sq.m. in 2026 implies roughly +5-6% over 12-18 months. Upside is more “gradual appreciation” than sharp jumps, driven by limited new supply in Ratchathewi and price anchoring versus nearby benchmarks such as Villa Rachatewi and higher-priced Chidlom projects.