Motive Condo Chaengwattana

Motive Condo Chaengwattana

99/169 Yaek 3 Chaeng Watthana 10 Alley, Chaeng Watthana Road, Thung Song Hong Subdistrict, Lak Si District, Bangkok, 10210

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Rent0Listing

Project Type

Condo Low Rise

Land Size

1 Rai27 Sq.wa

EIA Permission

approved

Quantity

7 Floor 2 Building 130 Unit

Parking

52 Parking

Completed

2017

Developed By

Pattra House And Property PLC

Floor Plan

No information

Project Location

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Nearby Locations

Project Concept

Motive Condo Chaengwattana is shaped by a design concept that balances “urban momentum” with the need for pause and privacy. Located in Thung Song Hong, Lak Si, the project positions itself for residents who commute between Chaengwattana’s employment hubs and the wider northern Bangkok network. The architectural language stays modern and restrained, using clean lines and calm tones to remain timeless rather than trend-driven.

Planning focuses on practical circulation and everyday comfort. Movement routes are kept clear, with resident areas separated from drop-off and service functions to reduce disturbance. Common spaces are designed to be genuinely usable - think compact work and reading corners, informal seating, and a welcoming lobby experience - supporting the work-heavy lifestyle typical of the Chaengwattana corridor.

Inside the units, the concept prioritizes livability over show. Layouts are intended to be furniture-friendly, with functional proportions, good daylight, and ventilation to ease the “boxed-in” feeling often found in city condos. The overall ambience aims for quieter living compared with projects directly on major roads, which can be attractive for end-users and also for investors targeting quality tenants who value calm, convenience, and a straightforward daily routine.

Project Highlights

Motive Condo Chaengwattana is located in the Thung Song Hong-Lak Si area, a residential pocket close to Chaengwattana’s major employment nodes and government-related offices. This positioning supports both owner-occupiers and rental demand, especially from office staff and commuters who prefer staying near Don Mueang. With several nearby condo options in the broader Lak Si-Chaengwattana market, value is best assessed by comparing unit size, pricing, and the project’s day-to-day livability.

  • Work-centric location Surrounded by Chaengwattana’s office and government zones, plus established local communities, making it practical for working tenants.

  • Connectivity for drivers Convenient links toward Chaengwattana and Vibhavadi Rangsit corridors, suitable for residents who primarily commute by car.

  • Everyday convenience Strong neighborhood ecosystem with local eateries, markets, and services around Lak Si, reducing daily travel time for essentials.

  • Investor angle Potential for stable leasing from nearby employment demand; landlords should benchmark achievable rents against surrounding projects to set realistic yields.

Description

Motive Condo Chaengwattana is a low-rise condominium located at 99/169 Yaek 3, Thung Song Hong, Lak Si, Bangkok 10210. The project is positioned in a convenient Chaengwattana area near government offices, making it suitable for both owner-occupiers and rental investors seeking demand from office workers and public sector employees.

The development consists of 1 residential building, 8 storeys high, with approximately 79 units and resident parking spaces. Unit types mainly include studio and 1-bedroom layouts, designed for practical urban living and affordable entry into the Chaengwattana condominium market.

Facilities include a lobby, passenger lift, parking area, and standard common facilities for a low-rise residence. Security systems include CCTV, security guards, and controlled building access for residents.

The project was completed around 2014 and developed by Motive Development Co., Ltd. Publicly available sources do not clearly specify the current property management company. In terms of connectivity, the project offers convenient access to Chaengwattana Road, Vibhavadi Rangsit Road, and Don Mueang Airport. It is also located about 3.5 km from Lak Si Station on the SRT Red Line and about 2.2 km from National Telecom Station on the MRT Pink Line.

For nearby project comparison, you may also consider Knightsbridge Phaholyothin - Interchange.

Price Trend

Motive Condo Chaengwattana in the Thung Song Hong-Lak Si area shows a steady, market-driven performance in 2026. Demand is supported by tenants working around Chaengwattana Government Complex and the Don Mueang corridor. Nearby competitors such as Plum Condo Chaengwattana Station and Lumpini Ville Ramindra-Lak si keep resale pricing disciplined, so units that close quickly are typically those aligned with prevailing comparables.

  • Resale price per unit: 1-bedroom 28-32 sq.m. averages THB 1.55-1.85M
  • Average price per sq.m.: roughly THB 55,000-62,000 (depends on floor and condition)
  • Average rent: THB 7,500-9,000 per month for 1-bedroom

Rental Yield example (gross): buy at THB 1.70M and rent at THB 8,500 per month. Annual rent = 8,500 x 12 = THB 102,000. Gross yield = 102,000 / 1,700,000 = 6.0% per year (before common fees, taxes, and vacancy).

Capital gain view: using a conservative 2-3% annual appreciation, a THB 1.70M unit could reach about THB 1.77-1.80M within two years, implying THB 70,000-100,000 upside. The key risk is supply pressure from similarly priced condos in Chaengwattana; heavy overlapping listings can cap price growth and extend selling time.

Facilities

Lobby
Fitness
Library
Garden
No. of Parking Space
Elevator
Fire Safety System
Security system
Entrance & Exit  Access Key Card
CCTV system
Security Guard: 24 hours service
Emergency power backup systems

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