Modiz Rhyme Ramkhamhaeng

Modiz Rhyme Ramkhamhaeng is a high-rise condominium located at 359 Hua Mak, Bang Kapi, Bangkok 10240. The project sits on Ramkhamhaeng Road near Ramkhamhaeng University, Rajamangala National Stadium, and Lam Sali intersection, a key transport hub in eastern Bangkok. It offers convenient access to the MRT Orange Line at Ramkhamhaeng 12 Station and the MRT Yellow Line at Lam Sali Station.

Developed by AssetWise Public Company Limited, the project consists of 1 residential tower with 31 floors and approximately 546 units. Parking is provided for around 40 percent of total units. Unit types include 1 Bedroom, 1 Bedroom Exclusive, 1 Bedroom Plus, and 2 Bedroom, with sizes starting from about 22 - 45 sq.m. This makes the project suitable for end-users, students, staff in the Ramkhamhaeng area, and investors seeking rental demand driven by nearby universities and employment centers.

Facilities are designed for modern urban living and include a lobby, co-working space, swimming pool, fitness room, sky garden, multi-purpose room, and common relaxation areas. The security system includes key card access, CCTV, and 24-hour security personnel. The project was completed around 2024 and is managed under standard condominium juristic management in line with the developer's residential portfolio.

Modiz Rhyme Ramkhamhaeng (Huamak-Bangkapi) in 2026 shows a “stable to mildly rising” market, supported by steady tenant demand from the Ramkhamhaeng corridor and nearby education and office clusters. Competitive supply in the area, including projects such as Bangkok Horizon Ramkhamhaeng, keeps resale pricing disciplined and realistic.

• Resale price per unit (studio-1 bed, 22-30 sq.m.): about THB 2.35-3.10M
• Average price per sq.m.: roughly THB 105,000-120,000 (example: 26 sq.m. at THB 2.75M = THB 105,800 per sq.m.)
• Average rent: THB 11,500-14,500 per month (26 sq.m. typically ~THB 13,000)

Rental yield (quick math): annual rent THB 13,000 x 12 = THB 156,000. Divide by purchase price THB 2,750,000 = 5.67% gross yield per year (before common fees and vacancy). This is attractive for a Ramkhamhaeng-focused buy-to-let strategy targeting long-stay tenants.

Capital gain outlook: using a conservative 2-3% annual appreciation from 2024-2025 pricing, the 2026 uplift is about 4-6% in total, or around THB 110,000-165,000 on a THB 2.75M unit. Key risks are local oversupply and rent competition, which can cap both resale upside and achievable rent increases.