Niran Residence 5 Srinakarin

Niran Residence 5 Srinakarin is a low-rise condominium located at 92/27 Nong Bon, Prawet, Bangkok 10250. The project sits in the Srinakarin area near Si Udom intersection, with convenient access to Srinakarin Road, Sukhumvit 103, Bang Na-Trat Road, and the outer ring road. This location suits buyers looking for an affordable residence in eastern Bangkok.

The development is understood to be an approximately 8-storey residential building with compact studio and 1-bedroom units, suitable for both owner-occupiers and rental demand from people working in Srinakarin, Bang Na, and Suan Luang. Basic facilities include elevator access, parking, common areas, and some ground-floor retail elements. Security features include controlled building access and CCTV.

The project is around 2.5 - 3 kilometers from Si Udom Station on the MRT Yellow Line. Nearby amenities include Seacon Square Srinakarin, Paradise Park, Srinakarin Train Night Market, and Synphaet Srinakarin Hospital. Its main strengths are affordable entry price and a neighborhood with consistent rental demand. However, detailed information such as exact number of units, parking ratio, completion year, developer, and property management is not widely available online and should be verified with the juristic office or current listings before making a decision.

Nearby project: Atmoz Tropicana Bangna

Niran Residence 5 Srinakarin (Nong Bon- Prawet) sits in the entry-level condo segment where affordability still drives real demand in 2026. Resale activity is mainly small units for owner-occupiers and rental buyers targeting employees around Bangna- Udomsuk.

• Resale price per unit (2026): Studio 25-30 sq.m. around THB 0.85-1.10M; 1-bed 32-40 sq.m. around THB 1.15-1.55M.
• Price per sq.m.: typically THB 34,000-42,000 per sq.m. (well-renovated units may reach ~THB 45,000).
• Average rent: Studio THB 4,500-6,000 per month; 1-bed THB 6,000-8,000 per month.

Rental Yield (worked example): Studio 28 sq.m. bought at THB 0.95M and rented at THB 5,500 per month gives annual rent THB 66,000. Yield = 66,000 - 950,000 = 6.95% per year (before common fees, taxes, and vacancy).

Capital Gain outlook: Upside is moderate because the project competes with newer nearby developments such as Atmoz Tropicana Bangna and Origin Place Bangna. With a low starting base, a realistic appreciation range is 1-3% per year. If 2024 trading averaged ~THB 32,000-38,000 per sq.m., 2026 levels of ~THB 34,000-42,000 per sq.m. imply limited but positive gains, heavily dependent on unit condition, renovations, and liquidity of comparable listings.