Piyathip Place Sukhumvit 39

Piyathip Place Sukhumvit 39 is a high-rise condominium located on Sukhumvit 39, Khlong Tan Nuea, Watthana, Bangkok 10110, in the prime Phrom Phong residential area. This neighborhood is well known among both Thai residents and expatriates for its convenient city lifestyle and family-friendly environment. The project was completed around 1998 and developed by Piyathip Group.

The development consists of 2 residential buildings, each rising 22 floors, with approximately 98 units in total. The unit mix focuses on large family-sized layouts, including 2-bedroom, 3-bedroom, and 4-bedroom residences with spacious living areas suitable for long-term living. Parking spaces are available to adequately support residents.

Facilities include a swimming pool, fitness center, children's playground, garden area, passenger elevators, and shared family-oriented common areas. The security system includes 24-hour security guards, CCTV, and controlled access.

For transportation, the project is about 1.4 kilometers from BTS Phrom Phong Station. Nearby landmarks include EmQuartier, Emporium, Samitivej Sukhumvit Hospital, and several international schools. This makes the project suitable for both owner-occupiers and rental investment, especially for expatriate families. The property is managed under a condominium juristic person structure responsible for maintaining the common areas and overall order of the project.

Piyathip Place Sukhumvit 39 sits in the Phrom Phong - Sukhumvit 39 pocket, a rental-driven area supported by expatriate families and long-stay tenants. It is about 1.2 km from BTS Phrom Phong and close to EmQuartier and Emporium, which helps pricing stay resilient in 2026 rather than speculative.

2026 pricing and rent snapshot (benchmarking mid-to-large units in Sukhumvit 39):

• Resale price per unit: THB 11.5-16.5M (85-120 sq.m.)
• Resale price per sq.m.: THB 135,000-160,000
• Average rent: THB 55,000-78,000 per month (condition and furnishing sensitive)

Rental Yield calculation (2026 example): buy 95 sq.m. at THB 145,000 per sq.m. = THB 13.78M. Rent at THB 65,000 per month gives THB 780,000 per year. Yield = 780,000 - 13,780,000 = 5.7% per year (before common fees, vacancy, and taxes).

Capital gain view: with a realistic 2-4% annual appreciation for prime Phrom Phong resale stock, a THB 13.78M unit may rise to roughly THB 14.06-14.33M over 12 months. Key downside is liquidity: older layouts or units without strong renovation can take longer to sell versus nearby comparables such as Ivy Thonglor or Siri at Sukhumvit.