Pleonchit Condominium

Pleonchit Condominium is located at 1043 Soi Nai Lert, Lumphini, Pathum Wan, Bangkok 10330, in the prime Ploenchit - Chidlom area of central Bangkok. This condominium is considered a High Rise residential project, completed around 1982. The development consists of 1 residential building with approximately 14 floors and a relatively limited number of units, making it suitable for residents seeking a quieter inner-city location close to major business and lifestyle destinations.

Unit layouts found in the project include 1-bedroom, 2-bedroom, and larger residential units with spacious living areas, reflecting the generous room sizes typical of older condominiums in the Ploenchit area. Common facilities include elevator access, parking, a swimming pool, and shared residential spaces. Security is provided through building access control and on-site personnel.

A key advantage of the project is its convenient connectivity. It is about 700 meters from BTS Phloen Chit Station and around 900 meters from BTS Chit Lom Station. Nearby landmarks include Central Embassy, Central Chidlom, Park Ventures, and Bumrungrad International Hospital. This makes the project appealing for both owner-occupiers and long-term investors seeking a centrally located asset. However, publicly available information on the exact number of units, parking ratio, developer, and property management company remains limited, so buyers should verify these details directly with the juristic office or seller.

Pleonchit Condominium on Soi Nai Lert (Lumphini-Phloen Chit) remains a core CBD rental play in 2026, supported by office workers and expat demand. Accessibility is a key driver, with BTS Phloen Chit roughly 850 m away. While newer stock in the same zone (e.g., Noble Ploenchit) competes on facilities, this project tends to hold value through location scarcity and steady leasing.

• Resale price per unit: 1-bed 45 sq.m. averages THB 7.2M
• Price per sq.m.: about THB 160,000 (commonly THB 145,000-175,000)
• Average rent: THB 35,000 per month for 1-bed 45 sq.m. (typically THB 32,000-40,000)

• 2026 Rental Yield (quick math): (35,000 x 12) - 10% running cost = THB 378,000 net rent per year; 378,000 -divided by- 7,200,000 = 5.25% p.a.

Capital gain view: using an estimated 2024 baseline near THB 150,000 per sq.m. rising to THB 160,000 per sq.m. in 2026 implies ~6-7% growth over two years, or about 3% per year. Upside is anchored by the Nai Lert micro-location and limited comparable supply, but price acceleration may lag direct-BTS new launches. Best suited for investors prioritizing rental cashflow rather than short-term flipping.