Noble Reform

Noble Reform is located at 8 Phaya Thai Subdistrict, Phaya Thai District, Bangkok 10400. This is a High Rise condominium developed by Noble Development Public Company Limited and completed around 2014. The project sits on Phahon Yothin Road, about 180 meters from BTS Ari Station and around 700 meters from BTS Sanam Pao Station, making it suitable for both residential living and rental investment in the well-established Ari area.

The project consists of 1 building with 24 floors and approximately 261 residential units. Parking is available for around 70% of the total units. Unit types include studio, 1-bedroom, and 2-bedroom layouts, with sizes starting from about 22 - 63 square meters. The design focuses on practical space usage, matching the lifestyle of urban professionals and investors.

Facilities include a lobby, swimming pool, fitness room, garden, multi-purpose area, and passenger lifts. Security features include 24-hour security staff, CCTV, key card access, and controlled entry systems. Property management is handled by the condominium juristic person to maintain common areas and overall order.

A key strength of the project is its Ari location, surrounded by restaurants, cafes, office buildings, Phyathai 2 Hospital, and La Villa Ari, all within easy reach. Overall, Noble Reform is a condominium that suits buyers seeking a home near mass transit in a prime inner-city neighborhood, while also offering solid rental potential compared with nearby projects such as Villa Rachatewi.

Noble Reform (Phaya Thai) in 2026 shows a stable resale market supported by a central location and consistent rental demand. Compared with nearby benchmarks in Ratchathewi and the Rama 9 corridor, pricing tends to move gradually rather than spike, making it more suitable for investors seeking steady cashflow with moderate upside.

• Resale price per unit (2026 market): 1-bedroom 45 sq.m. averages THB 7.2M
• Price per sq.m.: about THB 160,000 (7,200,000 - 45)
• Average rent: around THB 28,000 per month for a standard 1-bedroom

Rental Yield (with a clear calculation): Annual rent = 28,000 x 12 = THB 336,000. Gross yield = 336,000 - 7,200,000 = 4.67% per year (before common fees, vacancy, and taxes). This level is competitive for a transit-oriented condo in inner Bangkok.

Capital Gain outlook: Using an estimated 2024 average of ~THB 150,000 per sq.m. versus ~THB 160,000 per sq.m. in 2026 implies a gain of about 6.7% over two years, or roughly 3.3% per year. Upside is supported by tenant demand from CBD-linked job zones (Phaya Thai to Asoke). Key risk is rental competition from multiple nearby projects, which can cap rent growth during high-supply periods.