Pete Ratchada Condominium

Pete Ratchada Condominium

Ratchadaphisek 32 Alley, Ratchadaphisek Road, Chan Kasem Subdistrict, Chatuchak District, Bangkok, 10900

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Project Type

Condo

EIA Permission

In Progress

Quantity

167 Unit

Completed

1994

Floor Plan

No information

Project Location

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Project Concept

Pete Ratchada Condominium is shaped around a practical “livable city condo” idea for the Chantharakasem-Chatuchak area, where major roads meet long-established residential neighborhoods. Instead of flashy styling, the design focuses on everyday comfort and long-term usability.

The building expression relies on clean, modern lines and calm tones, minimizing unnecessary decorative elements. This keeps the façade visually tidy while also supporting easier maintenance over time. The overall planning emphasizes natural daylight and ventilation, using well-positioned openings and sensible spacing to create a more open feel - a key factor for urban living.

Common areas are conceived as “between-the-day breaks” rather than showpieces. The lobby is planned to work as a flexible waiting and work-friendly zone, with seating that supports quiet reading or laptop use. Green-connected relaxation corners help soften the heat and density typically found in city surroundings.

Inside the units, the concept stays straightforward: efficient layouts, clear room proportions, and furniture-friendly dimensions. This approach suits both owner-occupiers and rental investors, as the Ratchada-Ladprao zone continues to attract steady demand from office workers and students seeking convenient, manageable living spaces.

Project Highlights

Pete Ratchada Condominium is located in Chantharakasem, Chatuchak - a residential pocket that benefits from the energy of the Ratchada-Ladprao corridor while keeping a more local, livable feel. This positioning works well for both end-users and rental demand from professionals commuting to Ratchada and Vibhavadi, as well as students in nearby university zones.

  • Well-connected neighborhood with convenient access to Ratchadaphisek and Lat Phrao roads, making trips to Central Ladprao and Union Mall straightforward, plus quick reach to Ratchada’s office clusters.
  • Flexible commuting options via multiple main roads such as Ratchadaphisek, Lat Phrao, and Vibhavadi Rangsit - suitable for drivers and city commuters using public transport.
  • Everyday lifestyle convenience supported by local eateries, cafes, and daily services around Chantharakasem, reducing time spent on routine errands.
  • Value-led positioning versus newer nearby projects like The Line Jatujak-Mochit or Ivy Ratchada, this condominium often stands out for a more approachable overall budget and ownership costs, which can support long-term investment planning.

Description

Pete Ratchada Condominium is located in Chan Kasem, Chatuchak, Bangkok 10900, in the Ratchada - Ladprao area near the Ratchada - Ladprao intersection. The project is not far from MRT Lat Phrao, making it convenient for commuting into the city while still offering a more private residential atmosphere. It is considered a low-rise condominium.

Based on available online information, the project was completed around 1994 - 1995. However, several key details such as the exact number of buildings, floors, total units, parking spaces, room types, project developer, and property management company could not be consistently verified from public internet sources. Buyers and tenants should therefore confirm these details directly with the juristic office or official condominium documents before making a decision.

For a condominium of this type, the commonly available facilities are expected to include an elevator, parking area, and basic common spaces. Security usually includes controlled building access and CCTV, although the exact specifications should be rechecked on site. For those comparing nearby projects in the same area, you may also review Atmoz Ladprao 71.

Price Trend

Pete Ratchada Condominium in Chantharakasem-Chatuchak shows a steady 2026 outlook, supported by rental demand from office workers around Ratchada-Ladprao and tenants seeking better value than nearby newer launches.

  • Resale price per unit (1-bed 28-32 sq.m.): about THB 2.25-2.75M
  • Average selling price per sq.m.: about THB 80,000-92,000
  • Average rent: THB 10,500-13,500 per month (well-furnished units typically achieve the upper range)

Rental Yield (quick math): buy a 30 sq.m. unit at THB 2.40M (THB 80,000 per sq.m.) and rent at THB 12,000 per month. Annual rent = THB 144,000. Yield = 144,000 / 2,400,000 = 6.0% per year (before common fees, taxes, and vacancy).

Capital Gain view: Compared with newer projects around Ladprao 71-Kaset that come with higher entry prices, this project still has room for gradual repricing, especially for renovated units. A realistic expectation is around 2-4% annual price growth over the next 1-3 years, with returns driven more by cashflow than short-term speculation.

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