Royal Park 2

Royal Park 2 is a high-rise condominium located at 79 Phaya Thai Road, Thanon Phaya Thai, Ratchathewi, Bangkok 10400. The project sits in a central Bangkok location near Ratchathewi intersection, offering convenient access to BTS Phaya Thai Station at around 650 meters, BTS Ratchathewi Station at around 700 meters, and Airport Rail Link Phaya Thai Station, making it suitable for both residential living and rental investment.

The condominium was completed around 1997 and developed under Royal Park 2 Condominium. The project consists of 1 building with 27 floors and approximately 145 residential units, with on-site parking available for residents. Unit types commonly found in the project include 1-bedroom, 2-bedroom, and larger 3-bedroom layouts, with relatively spacious usable areas compared with many newer condominiums in the same area.

Facilities include a swimming pool, fitness room, passenger elevators, lobby, and common recreation area. Security features include 24-hour security guards, CCTV, and controlled access entry. Building management is handled by the condominium juristic management office, which oversees the common areas and daily operations.

The project stands out for its proximity to Phyathai 1 Hospital, King Power Rangnam, Siam Paragon, and Chulalongkorn University. This supports steady housing demand from both residents and tenants. For a nearby condominium in a prime central zone, see Noble Ploenchit.

Royal Park 2 on Phaya Thai Road (Ratchathewi) trades as an inner-city condo supported mainly by rental demand from office workers around Phaya Thai-Ratchaprarop and hospital-related stays. In 2026, pricing tends to favor “buy-to-rent” rather than aggressive short-term speculation.

• Resale price per unit (2026 market): 1-bedroom, 45 sq.m. averages about THB 4.95M
• Price per sq.m.: roughly THB 110,000 per sq.m. (THB 4.95M - 45 sq.m.)
• Average rent: around THB 22,000 per month for a comparable 1-bedroom

Gross rental yield (quick math): annual rent THB 22,000 x 12 = THB 264,000. Divide by purchase price THB 4,950,000 = about 5.3% per year (before common fees, taxes, and vacancy).

Capital gain outlook: For inner Bangkok condos near BTS corridors, price growth is typically gradual. A reasonable 2026-2028 assumption is 2-4% per year, equivalent to roughly THB 100,000-200,000 per year per unit at this price point. Upside is supported by limited land supply along Phaya Thai, while downside comes from competition with nearby higher-profile projects such as Noble Revent and The Address Phaya Thai, which can absorb part of the tenant and buyer pool.