Parco Condominium

Parco Condominium is located at 88/4 Thung Maha Mek, Sathorn, Bangkok 10120. This is a high-rise condominium in a central Sathorn location with convenient access to the CBD, Silom, and Rama 4 areas. The project was completed around 1990 and consists of 1 residential building with 28 floors and approximately 148 units, with parking spaces available for residents.

The unit mix mainly features larger layouts designed for comfortable living, including 2-bedroom, 3-bedroom, and selected penthouse units. Compared with many newer condominiums in the area, the room sizes are relatively spacious. A key strength of the project is its privacy, low-density residential environment, and a calmer atmosphere suitable for residents who want a city-center address without an overly crowded setting.

Facilities include a swimming pool, fitness room, passenger elevators, common area spaces, and parking. Security features include 24-hour security staff, CCTV, and controlled building access. Day-to-day management is handled by the condominium juristic person, which oversees maintenance and common area operations.

In terms of location, the project is close to Nang Linchi Road and South Sathorn Road. It is about 1.8 km from MRT Lumphini and around 2.6 km from BTS Chong Nonsi. Nearby landmarks include One Bangkok, Lumpini Park, BNH Hospital, and Central Rama 3. The project suits both long-term residential use and inner-city holding potential. For a nearby project, see Culture Thonglor.

Parco Condominium (Thung Maha Mek-Sathon) shows 2026 pricing in line with Bangkok inner-city condos, supported by office-driven demand around Sathon-Silom. Connectivity helps rents stay resilient: BTS Sala Daeng is about 1.6 km away and MRT Lumphini about 1.3 km, positioning the project competitively versus nearby developments in the Sathon-Convent area.

• Resale price per unit (1-bed 35 sq.m.): ~THB 5.95M
• Average resale price: ~THB 170,000 per sq.m.
• Average rent: ~THB 24,000 per month (1-bed 35 sq.m.)

Rental Yield (brief method): (24,000 x 12) minus 1-month vacancy (24,000) = THB 264,000 gross per year. Deduct estimated annual common fees and minor maintenance ~THB 18,000, giving ~THB 246,000 net rent. Net yield = 246,000 - 5,950,000 ≈ 4.1% per year.

Capital gain outlook: assuming inner-city condo prices grow 2-4% annually with rental demand normalization, a 3-year price upside of roughly 6-12% is plausible. Key positives are stable tenant profiles (CBD employees) and proximity to Lumphini Park, while the main risk is new supply along Sathon-Rama 4 that can increase buyer negotiation power and cap short-term appreciation.