Niran Condo Lat Phrao 101

Niran Condo Lat Phrao 101

Lat Phrao 101 Alley, Lat Phrao Road, Khlong Chan Subdistrict, Bang Kapi District, Bangkok, 10240

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Project Type

Condo

EIA Permission

In Progress

Quantity

63 Unit

Completed

2012

Floor Plan

No information

Project Location

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Project Concept

Niran Condo Lat Phrao 101 follows a practical, no-frills design concept tailored to everyday urban living in Khlong Chan-Bang Kapi, an area known for constant activity and strong local demand. The building language emphasizes clean lines and straightforward planning, aiming for easy maintenance and controlled long-term costs—key factors for both end-users and value-focused investors.

Given Lat Phrao 101’s character as a residential soi connecting to multiple main roads, the layout prioritizes privacy and reduced disturbance from traffic movement. Circulation is kept compact and legible, with clear entry-exit sequences that support day-to-day convenience and a stronger sense of safety.

Interior and façade tones typically lean contemporary and calm, using light, neutral palettes that feel comfortable over time. Natural light is utilized efficiently, while openings are planned to encourage cross-ventilation—an important response to Bangkok’s hot and humid climate. Overall, the concept is about livability first: spaces that work for real routines, and a unit type that tends to remain rentable thanks to proximity to Bang Kapi’s employment nodes, education options, and retail amenities.

Project Highlights

Niran Condo Lat Phrao 101 is located in Khlong Chan, Bang Kapi - a long-established residential pocket with dense local amenities. The surrounding area is filled with everyday services such as street food, neighborhood markets, pharmacies, and convenience retail, supporting a practical lifestyle. This context also helps sustain rental demand from workers and students who prefer the Lat Phrao-Ramkhamhaeng zone for its affordability and connectivity.

  • Neighborhood-driven location on Lat Phrao 101 - easy access to daily necessities and community commerce, with Bang Kapi’s major lifestyle hubs within a short drive.
  • Flexible commuting options - convenient links to Lat Phrao, Ramkhamhaeng, and Nawamin corridors, suitable for residents who rely on private cars or main-route public transport.
  • Value-oriented entry cost - a key advantage for first-time buyers or investors seeking a manageable budget and a unit that can be positioned as “affordable, livable, and convenient.”
  • Investment resilience - the area’s diversified demand base and strong local ecosystem can reduce vacancy risk compared with locations dependent on a single office district.

Description

Niran Condo Lat Phrao 101 is located on Soi Lat Phrao 101, Khlong Chan, Bang Kapi, Bangkok 10240. This is a low-rise condominium project in a well-established residential area, with convenient access to Lat Phrao Road, Nawamin Road, Serithai Road, and Ramkhamhaeng. The project was completed around 1995 and consists of 5 residential buildings, each 8 storeys high, with approximately 800 units in total. Parking is available within the project in line with the original condominium design standard of its period.

The unit mix mainly includes studio and 1-bedroom layouts, suitable for both owner-occupiers and rental purposes. Facilities within the project include passenger lifts, parking areas, retail shops on the ground level, and common areas for daily living. Security features include security guards, CCTV, and controlled access systems. The property is managed by the condominium juristic person.

In terms of location, the project is about 2.5 - 3 kilometers from MRT Yellow Line Lat Phrao 101 Station, offering improved connectivity across eastern Bangkok. Nearby landmarks include The Mall Bangkapi, Tawanna, Vejthani Hospital, and RBAC University, making this project appealing for buyers seeking an affordable condo in a neighborhood with consistent residential demand. A nearby project worth exploring is iCondo Serithai Green Space.

Price Trend

Niran Condo Lat Phrao 101 (Khlong Chan, Bang Kapi) is a mature, community-based location in the Lat Phrao-Bang Kapi zone. In 2026, it tends to attract end-users and cashflow-focused investors rather than aggressive speculators. Compared with newer nearby launches such as Atmoz and iCondo, this project generally trades at a noticeably lower price per sq.m., which supports demand among budget-sensitive buyers.

  • Resale price per unit (studio-1 bed, 24-30 sq.m.): about THB 0.89-1.25M
  • Average resale price: around THB 38,000-45,000 per sq.m. (well-renovated units can reach ~48,000)
  • Average rent: THB 4,800-6,500 per month, depending on condition and furnishings

Rental Yield example (gross): purchase THB 1.05M, rent THB 5,800 per month. Annual rent = 5,800 x 12 = THB 69,600. Gross yield = 69,600 - 1,050,000 = 6.63% per year. For an entry-level condo, this is considered attractive for investors prioritizing steady occupancy and manageable ticket size.

Capital gain outlook for 2026 is modest, estimated at roughly 1-3% per year, mainly due to building age and ongoing competition from newer condos across Lat Phrao-Ramkhamhaeng. However, renovated units priced close to THB 40,000 per sq.m. typically have better liquidity and lower downside risk in a softer market.

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