Saitharn Condominium

Saitharn Condominium

111 Ratchawithi Road, Thanon Phaya Thai Subdistrict, Ratchathewi District, Bangkok, 10400

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Project Type

Condo

EIA Permission

In Progress

Quantity

49 Unit

Completed

1992

Floor Plan

No information

Project Location

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Project Concept

Saitharn Condominium is shaped by an Urban Oasis idea - a “stream” (saitharn) running through the city. Set on busy Phaya Thai Road in Ratchathewi, the design focuses on calming the senses once residents pass the entrance, using light, flowing lines and a restrained palette that visually echoes water in motion.

The building massing and common areas are arranged to create an acoustic buffer from the main road, then gradually open toward an inner green court. This layered sequence helps reduce the typical pressure of a central-city plot. Materials lean to earthy tones, matte textures, and controlled glazing to bring in daylight, while canopies and sun screens are placed where heat and glare matter most.

Inside the units, the concept translates into practical livability: compact layouts with clear storage zones, functional circulation, and openings that support ventilation. For investors, the design direction fits a high-demand rental neighborhood anchored by transit and employment nodes, with BTS Phaya Thai about 1.0 km away and Airport Rail Link Phaya Thai about 1.0 km away. Overall, Saitharn aims to feel “quiet without being closed,” delivering privacy and comfort while staying connected to the city’s pace.

Project Highlights

Saitharn Condominium sits on Phaya Thai Road in Ratchathewi, a true inner-city zone that balances business hubs and everyday living. The location supports both end-users and investors thanks to steady rental demand from office workers and medical staff in nearby hospital clusters, while still offering quick access to Siam and Asoke corridors.

  • Prime Phaya Thai- Ratchathewi address surrounded by offices, schools, and city amenities, creating consistent leasing potential and strong resale liquidity for a central Bangkok hold.
  • Convenient rail connectivity with BTS Phaya Thai about 550 m away and BTS Ratchathewi about 700 m away. Phaya Thai also links to the Airport Rail Link, improving airport commutes and broadening tenant appeal.
  • Everyday convenience nearby including King Power Rangnam and the Siam shopping district (Siam Paragon, Siam Center). Major healthcare nodes such as Phyathai 1 Hospital and Ramathibodi Hospital are within easy reach.
  • Differentiated livability while fronting a major arterial road, the surrounding side streets provide a calmer residential feel- a practical edge for long-stay tenants and owner-occupiers.

Description

Saitharn Condominium is located at 111 Phaya Thai Road, Thanon Phaya Thai Subdistrict, Ratchathewi District, Bangkok 10400. It is a high-rise condominium situated in a central Bangkok location near Ratchathewi Intersection and the Phaya Thai area, offering convenient city access. The project is approximately 450 meters from BTS Ratchathewi Station and around 700 meters from BTS Phaya Thai Station, with Airport Rail Link Phaya Thai also nearby. This location is suitable for both owner-occupiers and rental investment.

The project consists of 1 residential building with around 8 floors, giving it a relatively private atmosphere compared with larger developments. Unit types found in the market include studio, 1-bedroom, and larger residential layouts suitable for long-term living. The project appeals to office workers, students, and residents seeking quick access to Siam, Ratchathewi, and Phaya Thai. However, publicly verified information regarding the exact number of units, parking spaces, project developer, management company, and completion year could not be clearly confirmed from reliable public sources. Buyers should verify these details directly with the juristic office or listing owner.

Basic facilities commonly associated with this type of condominium include lifts, parking, and shared common areas. Security usually includes controlled access and CCTV, although actual specifications should be checked directly with the building management. A key strength of Saitharn Condominium is its practical inner-city setting with convenient access to Siam Paragon, MBK Center, Chulalongkorn University, Phyathai 1 Hospital, and Ramathibodi Hospital. For nearby project comparison, you may also consider Noble Ploenchit.

Price Trend

Saitharn Condominium on Phaya Thai Road (Ratchathewi) is a practical rental location driven by office workers and students. It is about 600 m from BTS Phaya Thai and about 650 m from Airport Rail Link Phaya Thai. In 2026, pricing is supported by nearby benchmark condos such as The Address Phaya Thai and Noble Revent, while still typically below brand-new projects along the rail corridor.

  • Resale price per unit (1-bed, 30 sq.m.): around THB 3.30 million
  • Resale price per sq.m.: around THB 110,000 per sq.m.
  • Average rent: THB 16,500 per month (commonly THB 15,000-18,000)

2026 Rental Yield: simplified = (annual rent 16,500x12) divided by purchase price 3,300,000 = 198,000 3,300,000 = 6.0% per year (before common fees, taxes, and vacancy).

Capital Gain outlook: using a conservative 2.5% annual growth assumption over 2024-2026, a unit could move from roughly THB 3.14m to THB 3.30m, implying about THB 160,000 gain or +5.1%. Key risks are rental competition in the Phaya Thai corridor and building condition or renovation needs that can affect resale liquidity.

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