Richmond Palace Sukhumvit 43

Richmond Palace Sukhumvit 43 is a high-rise condominium located at 26 Khlong Tan Nuea, Watthana, Bangkok 10110, in Sukhumvit 43, a well-established residential area near Phrom Phong. The project is approximately 1.3 km from BTS Phrom Phong Station and offers convenient access to Sukhumvit Road, Sukhumvit 39, and Phetchaburi Road. Nearby landmarks include Emporium, EmQuartier, Samitivej Sukhumvit Hospital, and several international schools.

Developed by Richmond Palace Co., Ltd., the project was completed in 1993. It consists of 1 residential building with 23 floors and around 157 units, with parking spaces for residents. Unit types mainly feature large layouts suitable for family living, including 2-bedroom, 3-bedroom, and some penthouse units, which are relatively rare in the inner Sukhumvit area.

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

From a residential perspective, this project suits buyers seeking spacious units in the Phrom Phong area with a more private atmosphere than some newer developments. From an investment angle, Sukhumvit 43 remains attractive to expatriate tenants and family renters, especially those who value larger living space and convenient access to central Bangkok.

Richmond Palace Sukhumvit 43 sits in Sukhumvit Soi 43 (Phrom Phong area), a location supported by offices, international tenants, and family renters. BTS Phrom Phong is about 1.1 km away. In 2026, resale pricing tends to move gradually rather than spike, as the project is more mature, but it remains competitive thanks to unit size and neighborhood demand.

• Resale price per unit (typical reference: 2-bed 95 sq.m.): around THB 12.3M
• Average resale price: about THB 130,000 per sq.m. (commonly THB 115,000-150,000 per sq.m. depending on condition)
• Average rent: THB 55,000 per month (range THB 45,000-70,000 depending on furniture and floor)

Rental Yield in 2026: quick math - 55,000 x 12 = THB 660,000 per year. THB 660,000 - divided by THB 12,300,000 = about 5.37% per year (before common fees, taxes, and vacancy).

Capital Gain outlook: assuming a realistic 2-3% annual appreciation for mature resale condos in Phrom Phong, the implied value increase is roughly THB 250k-370k per year on a THB 12.3M unit. Key risks are competition from newer BTS corridor projects and potential renovation costs; however, larger layouts typically rent faster and can cushion downside during softer cycles.