Magnolias Ratchadamri Boulevard

Magnolias Ratchadamri Boulevard is a luxury high-rise condominium located on Ratchadamri Road, Lumphini, Pathum Wan, Bangkok 10330. The project sits in one of Bangkok's prime central business districts near Ratchaprasong and Lumpini Park, with convenient access to BTS Ratchadamri Station at approximately 220 meters away.

The development consists of 1 residential tower with 60 floors and around 316 residential units. Parking is provided in a high ratio for residents. Unit types include 1-bedroom, 2-bedroom, 3-bedroom, and penthouse layouts, with spacious interiors designed for upscale urban living and long-term ownership in a rare freehold location.

Facilities include a lobby, lounge area, swimming pool, fitness center, sauna, landscaped garden, and multiple passenger lifts. The security system includes 24-hour security guards, CCTV, and key card access control, helping ensure privacy and safety for residents.

The project was completed in 2015 and developed by Magnolia Quality Development Corporation Limited. It is managed under professional building administration standards. A key strength of this condominium is its prestigious Ratchadamri address, surrounded by luxury hotels, shopping destinations, office buildings, and Lumpini Park, making it suitable for both end-users and investors seeking a high-potential asset in central Bangkok.

Nearby project: Ivy Thonglor

Magnolias Ratchadamri Boulevard in Lumphini, Pathum Wan is a prime luxury condo in the Ratchadamri-Chidlom pocket, about 350 m to BTS Ratchadamri and around 800 m to BTS Chidlom. Leasing demand is supported by executives and expatriates, while the high-end supply keeps price growth steady rather than explosive.

• 2026 resale price: typically THB 24.5-30.0M per unit for 55-85 sq.m. 1-2 bedroom layouts
• Price per sq.m.: roughly THB 420,000-520,000, with premium view units potentially higher
• Average rent in 2026: THB 95,000-140,000 per month, or about THB 1,700-2,100 per sq.m. per month

Rental Yield example (gross): 60 sq.m. unit bought at THB 27.0M, rented at THB 110,000 per month. Annual rent = THB 1.32M. Gross yield = 1.32-27.0 = 4.9% (before common fees, taxes, and vacancy).

Capital gain view: given the already-high price base and a narrower buyer pool, a reasonable 12-month appreciation range is about 2-4%. Upside improves for high-floor units with Lumpini Park-facing views or when acquired below market. Compared with more mass-market nearby projects (for example, Ideo Mobi Rama 9), this asset tends to show lower volatility, but it is not a fast-flip product; performance is strongest when combining stable rent with selective entry price.