Modiz Vault Kaset-Sripatum

Modiz Vault Kaset-Sripatum

144 Bang Khen Road Phahon Yothin 49 Alley, Phahon Yothin Road, Lat Yao Subdistrict, Chatuchak District, Bangkok, 10900

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Project Type

Condo

EIA Permission

approved

Quantity

798 Unit

Completed

2026

Developed By

Asset Wise

Floor Plan

No information

Project Location

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Project Concept

Modiz Vault Kaset-Sripatum is built around a “liveable, work-ready home” concept tailored to an education-and-office corridor near Kaset and Ratchayothin. The term Vault is interpreted as a protected inner realm: functions are neatly concealed, privacy is prioritized, and the overall massing leans modern with crisp lines and darker, urban-toned materials that suit a city lifestyle.

Unit planning focuses on flexibility and real-life usability. Vertical space is used efficiently, storage is integrated to reduce clutter, and layouts aim to minimize dead corners. Natural light is emphasized to make compact rooms feel brighter and more open-qualities that appeal both to owner-occupiers and to the rental market of students and young professionals who want easy-to-organize living.

Common areas are designed as “mode-switch” spaces, supporting daily routines from study and remote work to relaxation. Expect quiet working zones, casual meet-up corners, and practical fitness areas rather than purely decorative facilities. Connectivity strengthens the concept: BTS Sena Nikhom Station is about 1.2 km away, and the project is close to Sripatum University, reinforcing long-term demand drivers and making the design direction feel purposeful for both lifestyle and investment.

Project Highlights

Modiz Vault Kaset-Sripatum is located on Bang Khen Road, Lat Yao, Chatuchak - a residential pocket with steady rental demand from office workers and students. In the highly competitive Kaset-Ratchayothin condo zone, the project’s value lies in balancing privacy with everyday convenience, making it suitable for both end-users and buy-to-let investors who prioritize tenant satisfaction and long-term occupancy.

  • Lat Yao-Bang Khen location close to university and office catchments along Phahonyothin, with easy access toward Kaset and Ratchayothin.
  • Connectivity by car convenient links to Phahonyothin Road, Vibhavadi Rangsit Road, and the Chatuchak area, supporting commutes across multiple CBD edges.
  • Practical facilities common areas designed for real use - relaxing, fitness, and flexible work or study time.
  • Differentiated concept the “Vault” positioning emphasizes a more private and secure living atmosphere, appealing to tenants who value comfort over headline pricing.
  • Investment angle the surrounding demand base can help stabilize rental performance compared with nearby projects in the same submarket.

Description

Modiz Vault Kaset-Sripatum is a High Rise condominium located at 144 Bangkhen Road, Lat Yao, Chatuchak, Bangkok 10900. The project is positioned near Sripatum University and Kasetsart University, with convenient access to BTS Bang Bua Station at approximately 350 meters and BTS Royal Forest Department Station at around 700 meters. This location is suitable for both owner-occupiers and investors, especially for rental demand from students, university staff, and office workers in the Phahonyothin - Kaset area.

Developed by AssetWise Public Company Limited, the project consists of 1 residential building with 21 floors and approximately 798 residential units. Parking is provided at about 40% of total units, excluding double parking. Room types include Studio, 1 Bedroom, 1 Bedroom Exclusive, 1 Bedroom Plus, and 2 Bedroom, with unit sizes starting from around 22 - 50 sq.m. The layout range supports singles, couples, and buyers seeking investment opportunities.

Facilities include a lobby, co-working space, meeting room, fitness center, swimming pool, garden, working lounge, laundry room, and shared spaces designed for modern urban living. Security systems include security guards, CCTV, key card access, and controlled entry 24 hours. The project was completed around 2024 and is managed under standard condominium juristic management for a large-scale residential development.

From a location perspective, the project benefits from being close to educational institutions, hospitals, restaurants, and lifestyle spots along Phahonyothin Road, while also offering easy connectivity to Ratchayothin and Vibhavadi Rangsit. Those comparing nearby condominium options in this area may also consider Phyll Phahol 34.

Price Trend

Modiz Vault Kaset-Sripatum in 2026 shows a resale market supported by practical rental demand from students and office workers around Kaset and the wider Ratchayothin job cluster. Connectivity is a key driver: BTS Green Line, Sena Nikhom Station is about 1.4 km away.

  • Resale price per unit: 1-bedroom 24-28 sq.m. typically trades around THB 2.55-3.10 million.
  • Price per sq.m.: roughly THB 105,000-120,000 per sq.m., depending on floor, view, and unit condition.
  • Average rent: THB 12,000-15,000 per month for 1-bedroom; studios are commonly THB 10,000-12,000 per month.

2026 Rental Yield (quick calculation): assume a 26 sq.m. 1-bedroom bought at THB 2.80 million and rented at THB 13,500 per month. Annual rent = 13,500 x 12 = THB 162,000. Gross yield = 162,000 ÷ 2,800,000 = 5.79% (before common fees, taxes, and vacancy).

Capital gain outlook: Compared with nearby Kaset-Ratchayothin condos, price growth has moderated after 2024. A realistic expectation is 2-4% per year for well-maintained, rent-ready units rather than aggressive short-term flips. Key risks are new supply in the Kaset area and rent competition, which can cap rent increases. Investors should prioritize entry price discipline and unit types with stronger leasing liquidity over speculative appreciation.

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