Prasarnmit Place

Prasarnmit Place is a high-rise condominium located at 164 Khlong Tan Nuea, Watthana, Bangkok 10110, in Sukhumvit 23 near Prasarnmit Intersection. The location offers convenient access to Sukhumvit Road, Asok Montri Road, and Phetchaburi Road. The project is approximately 900 meters from BTS Asok and around 950 meters from MRT Sukhumvit.

The development consists of 1 residential building with 25 floors and about 75 units. Parking is available within the project. Unit layouts mainly include 2 - 4 bedroom residences and penthouses, with relatively large usable space suitable for family living and buyers seeking spacious condominium units in the Asok - Phrom Phong area.

Facilities include a swimming pool, fitness room, passenger elevators, and common areas for relaxation. The security system includes 24-hour security guards, CCTV, and controlled building access.

The project was completed around 1995 and developed by Prasarnmit Place. Management is handled under standard condominium juristic person administration commonly found in Bangkok. Its main strengths are privacy from a limited number of units and a prime location close to Srinakharinwirot University Prasarnmit, office buildings, international schools, and lifestyle destinations in the Asok area.

Prasarnmit Place in Khlong Tan Nuea-Watthana benefits from spillover demand from Asoke and Phrom Phong office zones. In 2026, resale pricing is supported by steady rental demand from professionals and expats seeking a central Sukhumvit lifestyle without paying top-tier new-launch premiums.

• Resale price per unit (2026): 1-bed 45 sq.m. around THB 4.95M
• Average selling price per sq.m.: about THB 110,000 per sq.m. (typically THB 95,000-125,000 depending on condition, view, and floor)
• Average rent: THB 22,000 per month (common range THB 20,000-26,000)

Rental Yield (brief calculation): 22,000 x 12 = THB 264,000 per year; Yield = 264,000 - 4,950,000 = 5.33% p.a. (before common fees, vacancy, and taxes)

Capital Gain outlook: Using a conservative inner-Sukhumvit growth assumption of 2-4% per year, a THB 4.95M unit could move to roughly THB 5.25-5.55M within 2 years (capital gain about THB 0.30-0.60M). Upside depends on building maintenance and liquidity versus nearby newer projects around Asoke-Thonglor, which can cap price acceleration even when rents remain resilient.