Siam Condominium

Siam Condominium

29 Rama 9 Soi 3 Alley, Rama 9 Road, Huai Khwang Subdistrict, Huai Khwang District, Bangkok, 10310

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Project Type

Condo

EIA Permission

In Progress

Quantity

218 Unit

Completed

1985

Floor Plan

No information

Project Location

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Project Concept

Siam Condominium is shaped by a practical “liveable city condo” design idea, fitting Huaikwang’s dense urban context of offices, local eateries, and the Ratchada-Phra Ram 9 lifestyle zone. Instead of flashy styling, the project emphasizes long-term usability and easy maintenance - qualities that matter for everyday living and rental performance.

The architectural expression leans on clean lines and clear proportions to create a tidy, airy look that sits comfortably within the cityscape. Neutral materials and a calm color palette help the building age well, reducing visual fatigue and keeping the overall image relevant over time.

Interior planning focuses on real comfort: encouraging natural light in key living areas, reducing dead corners, and supporting cross-ventilation where possible. Unit functions are arranged around urban routines, such as a compact work nook, practical storage, and a kitchen layout that can be used daily rather than just for show.

Common areas are positioned as “daily recharge spaces” instead of purely decorative amenities. The intent is privacy, quietness, and frequent usability - aligning with Huaikwang’s steady demand from residents and tenants who value convenience and a calm retreat after work.

Project Highlights

Siam Condominium is located in Huai Khwang, a well-established inner-city residential area surrounded by employment hubs and lifestyle destinations along the Ratchadaphisek-Phra Ram 9 corridor. This positioning supports both owner-occupiers and long-term rental demand, as the neighborhood remains active throughout the day with convenient everyday services.

  • Huai Khwang location Close to major office clusters and urban communities around Ratchada and Rama 9, making commutes to key business areas practical for working residents and tenants.
  • Getting around Easy access to multiple main roads within Huai Khwang, with straightforward connections to Ratchada, Din Daeng, and Rama 9. Suitable for private car use and ride-hailing.
  • Everyday convenience Surrounded by local eateries, markets, and daily services in Huai Khwang, reducing travel time for routine errands.
  • Investor angle The presence of several nearby condominium projects signals an active rental market. This supports leasing potential and liquidity for resale within the area.

Overall, the project fits buyers seeking an inner-city condo with fast access to work and lifestyle zones, plus a neighborhood profile that continues to attract steady rental demand.

Description

Siam Condominium is located at 29 Huai Khwang, Huai Khwang, Bangkok 10310, in a well-established residential area with convenient access to Ratchadaphisek Road and the emerging CBD zones of Bangkok. The project is understood to be a high-rise condominium in the Huai Khwang area. It is approximately 1.2 kilometers from MRT Huai Khwang Station and about 1.8 kilometers from MRT Thailand Cultural Centre Station, offering practical connectivity to Rama 9, Asok, and Lat Phrao.

However, key project details including the exact number of buildings, floors, residential units, parking spaces, unit types, facilities, security system, completion year, developer, and management company could not be verified from reliable public sources. For accuracy, these details should be confirmed with the condominium juristic office, title records, or official project documents before being published as factual information.

The surrounding neighborhood is a strong point, with nearby destinations such as The Street Ratchada, Big C Extra Ratchadaphisek, Thailand Cultural Centre, and the Rama 9 office district. This makes the location suitable for both end-users and investors seeking rental demand in the Huai Khwang-Ratchada area. For comparison with a nearby development, see Atmoz Ratchada-Huaikwang.

Price Trend

Siam Condominium in Huai Khwang shows a steady 2026 pricing profile, supported by office-driven demand around Ratchada-Phra Ram 9 and budget-conscious tenants who still want proximity to Bangkok’s CBD. Price movement is more “gradual uplift” than aggressive jumps, reflecting a competitive condo supply pipeline nearby.

  • Resale price per unit (1-bed 30 sq.m.): avg. THB 2.55M (commonly THB 2.35-2.85M)
  • Average price per sq.m.: ~THB 85,000 (range THB 78,000-95,000)
  • Average rent: THB 12,500/month (typical THB 11,000-14,000 depending on floor, view, condition)

Rental Yield 2026 (gross) based on market rent: 12,500 x 12 = THB 150,000/year. Divide by purchase price THB 2,550,000 gives 150,000/2,550,000 = 5.88% p.a. After common area fees and vacancy, a realistic net yield often falls around 4.6-5.2%.

Capital Gain outlook: With Huai Khwang secondary-market growth typically tracking ~2-4% per year, this project is reasonably positioned for ~2.5-3.5% p.a. price appreciation, or roughly THB 65,000-90,000 per unit per year (from a THB 2.55M base). Key risk is rental competition from newer nearby projects, which may cap rent growth short-term, though it can also support transaction liquidity in the area.

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