Maroon Ratchada 32

Maroon Ratchada 32

Ratchadaphisek 32 Alley, Ratchadaphisek Road, Chan Kasem Subdistrict, Chatuchak District, Bangkok, 10900

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Project Type

Condo

EIA Permission

approved

Quantity

353 Unit

Completed

2025

Developed By

Asset Wise

Floor Plan

No information

Project Location

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Project Concept

Maroon Ratchada 32 is shaped around a “calm city living with privacy” design idea. Instead of oversized massing, the project leans toward a more approachable building scale, fitting the Chan Kasem-Ratchada 32 neighborhood where residential streets meet work hubs and university life. The layout prioritizes day-to-day practicality: easy access for commuting, yet a quieter return compared with main-road condominiums.

The exterior adopts clean, sharp lines with a darker palette aligned with the name Maroon, creating a composed, contemporary identity. The intention is longevity: a look that feels refined without being overly trendy. Material choices and facade detailing aim for a solid appearance and straightforward maintenance, which supports both owner-occupiers and rental investors.

Common areas are planned as a transition zone from the city’s pace to a more relaxed routine. Work-friendly seating corners and private lounging pockets are emphasized, while openings for daylight and views help units feel brighter and more spacious. Overall, the concept focuses on real livability rather than decorative gestures, aligning with demand in the Ratchada-Ladprao area where tenants often seek a comfortable, good-looking home that remains easy to maintain over time.

Project Highlights

Maroon Ratchada 32 is a condominium in Chantharakasem, Chatuchak - a practical city-neighborhood location for residents who work around Ratchada-Ladprao, as well as students seeking a convenient home base. The surrounding area is filled with local eateries, cafes, and everyday services, making daily living easy without relying on large malls.

  • Ratchada 32 location with strong connectivity to Ratchadaphisek, Ladprao, and Phahonyothin roads. This supports commuting toward Chatuchak, Kaset, and Ratchayothin - a positive point for long-term rental demand.
  • Rail access with MRT Lat Phrao about 3.3 km away and BTS Ratchayothin about 3.1 km away, enabling smoother trips to key business zones.
  • Nearby lifestyle and shopping such as Lotus’s Lat Phrao (about 3.4 km) and Central Ladprao (about 4.9 km), covering groceries, dining, and weekend activities.
  • Investor angle The Ratchada-Chatuchak corridor typically maintains steady tenant demand. Compared with nearby condos like Ivy Ratchada or The Excel Ladprao-Sutthisan, this project stands out for a calmer inner-soi setting, which appeals to tenants who prefer quieter living while staying close to transit and main roads.

Description

Maroon Ratchada 32 is a low-rise condominium located in Chan Kasem, Chatuchak, Bangkok 10900, within Soi Ratchadaphisek 32. The project sits in a convenient urban location near the Ratchada - Lat Phrao intersection, with easy access to Ratchadaphisek Road, Lat Phrao Road, and Chok Chai 4 Road. It is approximately 1.7 kilometers from MRT Lat Phrao Station and around 2.2 kilometers from MRT Ratchadaphisek Station, making it suitable for both residential living and rental investment.

The project is designed as a single 8-storey residential building with approximately 353 units and parking for about 40 percent of total units. Unit types include studio, 1-bedroom, and 1-bedroom plus layouts, with sizes starting from around 22 - 34 square meters. The design focuses on practical urban living for working professionals and buyers seeking an accessible investment option.

Facilities include a lobby, swimming pool, fitness room, co-working space, garden area, passenger lifts, and shared spaces that support daily living. The security system includes 24-hour security personnel, CCTV, and keycard access control. The project is developed by AssetWise Public Company Limited and is expected to be completed around 2025. Juristic management will be handled by the project management team or appointed property management company after transfer.

A key advantage of the project is its location in the Ratchada - Lat Phrao area, surrounded by lifestyle destinations and educational institutions such as Central Ladprao, Union Mall, Major Ratchayothin, and Chandrakasem Rajabhat University. For a nearby condominium option in the same zone, you may also view Atmoz Ladprao 71.

Price Trend

Maroon Ratchada 32 (Chantharakasem, Chatuchak) shows a steady, non-aggressive price trajectory in 2026, supported by rental demand from office workers and students. The project is not a true “next-to-station” condo: MRT Lat Phrao is about 2.9 km away and BTS Sena Nikhom about 3.2 km, so leasing performance depends more on unit condition, furnishings, and competitive pricing.

  • Resale price per unit (1-bed 25-28 sq.m.): approx. THB 2.35-2.75M
  • Average price per sq.m.: around THB 92,000-105,000 per sq.m. (typical fully furnished listings)
  • Average rent: THB 10,500-13,000 per month (1-bed)

  • Rental Yield (example): THB 12,000 per month = THB 144,000 per year. If purchase price is THB 2.50M, gross yield = 144,000 ÷ 2,500,000 = 5.76% p.a.
  • Observed gross yield range: roughly 5.0-6.2% with stable occupancy and controlled costs

Capital gain should be viewed conservatively. If an investor bought in 2024-2025 around THB 88,000-98,000 per sq.m. and exits in 2026 at THB 92,000-105,000 per sq.m., the upside is about 3-7% before transfer fees and brokerage. Nearby competing projects (e.g., Atmoz Ladprao 71, Phyll Phahol 34) help set price benchmarks, but they also intensify competition, making renovated, well-priced units more liquid in resale.

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