Metha Place Ratchada

Metha Place Ratchada is located at 63 Pracharat Bamphen 24, Sam Sen Nok, Huai Khwang, Bangkok 10310. This condominium is a Low Rise residential project, suitable for residents looking for a home in the Ratchada-Huai Khwang area with convenient access to the city. The location offers a more private atmosphere within the soi while remaining close to local shops, restaurants, and daily conveniences.

The project consists of 1 residential building with 8 floors. Publicly available information on the total number of units is limited. Unit types mainly include studio and 1-bedroom layouts, suitable for 1-2 occupants and also appealing to investors targeting rental demand in this established urban neighborhood. Parking capacity has not been clearly disclosed in public sources.

Common facilities generally include an elevator, parking area, and basic shared facilities. Security systems include security personnel, CCTV, and controlled building access for resident safety.

The project was completed around 2010. Information regarding the developer and property management company is not clearly available in public sources. A key advantage of the location is its access to MRT stations, with MRT Huai Khwang approximately 2.1 km away and MRT Sutthisan about 2.4 km away, allowing convenient connections to Rama 9, Asok, and other business districts. For a nearby project option, see Atmoz Ladprao 71.

Metha Place Ratchada (Pracha Rat Bamphen 24, Huai Khwang) fits a cashflow-first investment profile rather than aggressive speculation. In 2026, resale pricing remains “mid-range” versus newer nearby launches, leaving room for negotiation if the unit condition is good and the seller is motivated.

• Resale price per unit (1-bed ~30 sq.m.): avg. THB 2.15M (range THB 1.95-2.35M)
• Price per sq.m.: avg. THB 72,000 (range THB 65,000-78,000)
• Average rent: THB 10,500/month (range THB 9,500-12,000)

Rental Yield (simple): (10,500 x 12) / 2,150,000 = 5.86% p.a. (before common fees, vacancy, and taxes). This is competitive for the Huai Khwang-Ratchada rental market, where stabilized yields typically land around 4.5-6.0% depending on furnishing quality and tenant profile.

Capital gain outlook is moderate. Assuming the broader Ratchada-Huai Khwang condo market grows steadily, a 2-4% annual appreciation in 2026-2028 is a realistic base case (roughly +THB 40k to +THB 85k per unit per year on a THB 2.15M base). Key downside risk is rental competition from newer projects nearby (e.g., Atmoz, The Excel) that can command attention with newer facilities. Investors should focus on entry price discipline, light renovation, and rent-setting aligned with comparable units.