Millennium Residence

Millennium Residence is a high-rise condominium located at 118 Khlong Tan, Khlong Toei, Bangkok 10110, in the Sukhumvit 20 area. The location offers convenient access to Asok, Phrom Phong, and Rama 4 Road. The project was completed around 2009 and developed by City Smart Development. It is managed under a juristic person system, making it suitable for both owner-occupiers and rental investors seeking a central Bangkok address.

The development consists of 4 residential towers with approximately 51-53 floors and around 604 units in total. Parking capacity is about 1,200 cars, which is considered generous for this area. Unit types mainly focus on large family-sized layouts, including 2-bedroom, 3-bedroom, 4-bedroom units, and penthouses, with usable areas starting from around 90 square meters.

Facilities include a swimming pool, fitness center, tennis court, sauna, playground, landscaped garden, and common areas for residents. Security features include 24-hour security guards, CCTV, and key card access.

The project is located about 1.2 kilometers from BTS Phrom Phong and around 1.4 kilometers from BTS Asok. Nearby landmarks include Emporium, EmQuartier, Terminal 21, Benjakitti Park, and Samitivej Sukhumvit Hospital. Its key strengths are large unit sizes, ample parking, and a family-oriented residential atmosphere in central Sukhumvit. For a nearby project in a similar area, see Ivy Thonglor.

Millennium Residence in Khlong Tan-Khlong Toei remains a large-scale premium condo in 2026, supported by its riverside positioning and Sukhumvit fringe demand. Access is relatively close to BTS Thong Lo (approx. 2.6 km) and BTS Ekkamai (approx. 2.9 km), distances are indicative.

• Resale price per unit: 1-bedroom around 50 sq.m. typically trades at THB 8.5-10.0M
• Resale price per sq.m.: about THB 170,000-210,000 per sq.m., with river-view units usually at the upper end
• Average rent: roughly THB 38,000-55,000 per month for a 50 sq.m. 1-bedroom

Rental Yield (2026): Example calculation - buy at THB 9.2M and rent at THB 45,000 per month. Annual rent = 45,000 x 12 = THB 540,000. Gross yield = 540,000 ÷ 9,200,000 = 5.87% (before common fees, taxes, and vacancy). A practical gross range is typically 4.5-6.0%, depending on unit condition, view, and furnishing.

Capital Gain outlook: Price appreciation is more gradual than speculative, favoring long-term holding. A reasonable expectation is 2-4% per year. Upside is stronger for well-priced units and river-view stacks, while city-view units tend to track the market average.