Ratchada Terrace

Ratchada Terrace is a low-rise condominium located in Chom Phon, Chatuchak, Bangkok 10900, in Soi Ratchadaphisek 36. The project is positioned near Ratchadaphisek and Lat Phrao roads, offering convenient access to the city. It was completed in 1994 and developed by Ratchada Terrace Co., Ltd.

The condominium consists of 1 building with 8 floors and approximately 74 residential units. Unit types found in the resale market are mainly studio and 1-bedroom layouts, suitable for residents seeking a more private living environment compared with larger condominium projects. Parking is available for residents according to the project allocation.

Facilities include an elevator, parking area, and basic common areas. Security features include controlled building access and CCTV, supporting practical long-term urban living.

In terms of transportation, the project is about 1.8 kilometers from MRT Lat Phrao Station and around 2 kilometers from MRT Ratchadaphisek Station. Nearby amenities include Chokchai 4 Market, Central Ladprao, Union Mall, and Paolo Chokchai 4 Hospital. This makes the project appealing for both owner-occupiers and investors looking for an affordable rental property in a functional city location.

Project management is handled by the condominium juristic person responsible for common area maintenance and day-to-day administration. A nearby project in the same area is Atmoz Ladprao 71.

Ratchada Terrace (Chomphon-Chatuchak) shows a steady 2026 resale market supported by rental demand from office workers around Ratchada-Ladprao and some student tenants. Pricing generally stays below newer, transit-adjacent projects nearby (e.g., The Line Jatujak-Mochit, The Line Phahonyothin Park), leaving more room for rental yield rather than aggressive price appreciation.

• Resale price per unit: 1-bed 28-32 sq.m. typically 2.35-2.85 MB
• Price per sq.m.: about 85,000-95,000 THB sq.m. (renovated, fully furnished units trend higher)
• Average rent: 10,500-12,500 THB month on 1-year leases

Rental Yield (basic calculation): assume purchase at 2.60 MB and rent at 11,500 THB month. Annual rent = 11,500 x 12 = 138,000 THB. Yield = 138,000 - 2,600,000 = 5.3% per year (before common fees, taxes, and vacancy).

Capital Gain outlook: For inner-city fringe condos not directly next to a station, a conservative expectation is 2-4% per year over 2026-2028, translating to roughly 50,000-100,000 THB per year for a 2.5-2.8 MB unit. The investment edge is buying at the right entry price and optimizing the unit for easy leasing, so total return can compete with newer projects carrying higher price-per-sq.m. levels.