Mulberry Grove Sukhumvit

Mulberry Grove Sukhumvit is a luxury high-rise condominium located in Phra Khanong Nuea, Watthana, Bangkok 10110, in the Sukhumvit 39 area near Phrom Phong and Thong Lo, one of Bangkok's prime residential neighborhoods. The project was developed by Magnolia Quality Development Corporation Limited, known as MQDC, and was completed in 2017.

The development consists of 1 residential building with 37 floors and around 287 residential units, with parking for approximately 280 cars. Unit types include 1-bedroom, 2-bedroom, 3-bedroom, 4-bedroom, and penthouse layouts. The residences are designed for comfortable long-term living, with spacious layouts and a strong sense of privacy, making the project suitable for both end-users and long-term investors.

Facilities include a lobby, swimming pool, fitness center, yoga room, recreation areas, landscaped green space, children's playground, meeting room, and multiple passenger lifts. Security features include 24-hour security guards, CCTV, key card access, and controlled building entry systems.

For transportation, the project is approximately 2.2 kilometers from BTS Phrom Phong Station and about 2.4 kilometers from BTS Thong Lo Station. It also offers convenient access to Sukhumvit Road and Phetchaburi Road. Nearby landmarks include EmQuartier, Emporium, Samitivej Sukhumvit Hospital, and several international schools. Project management is handled under the standards of the developer and the condominium juristic person, supporting quality residential living in central Sukhumvit.

A nearby project of interest is Ivy Thonglor.

Mulberry Grove Sukhumvit (Phra Khanong Nuea-Ekkamai area) sits in Bangkok’s luxury segment. In 2026, pricing is driven more by long-hold value and end-user demand than by high rental yield. The project is roughly 1.2 km to BTS Ekkamai and about 1.5 km to BTS Phra Khanong, supporting expat-family rental demand, but competition in the Sukhumvit corridor caps aggressive rent growth.

• Resale price per unit: 1-bedroom, 45 sq.m. around THB 12.6M
• Average selling price: ~THB 280,000 per sq.m.
• Average rent: 45 sq.m. around THB 55,000 per month

Rental Yield (simplified): annual rent = 55,000 x 12 = THB 660,000. Gross yield = 660,000 - (before expenses) divided by 12,600,000 = ~5.2% per year. In practice, net yield will be lower after common fees, maintenance, and vacancy allowance, so investors should underwrite conservatively.

Capital Gain view: benchmarking nearby mature condos such as Ivy Thonglor and Siri at Sukhumvit, a realistic appreciation range is about 2%-4% per year for 2026-2028. Upside depends heavily on unit condition, floor, view, and the supply pipeline around Ekkamai-Rama 4.