Siamese Sukhumvit 48

Siamese Sukhumvit 48 is located at 1448/3 Sukhumvit 48, Phra Khanong, Khlong Toei, Bangkok 10260. This is a High Rise condominium in a convenient Sukhumvit location with easy access to the city. The project is approximately 450 meters from BTS Phra Khanong Station and about 800 meters from BTS On Nut Station, making it suitable for both owner-occupiers and rental investment.

The project was developed by Siamese Asset Co., Ltd. It consists of 1 residential building with 25 floors and approximately 206 units. Parking is available for around 52% of total units. The project was completed in 2012. Unit types include 1-bedroom, 2-bedroom, 3-bedroom, and penthouse layouts, offering options for singles, couples, and small families.

Facilities include a swimming pool, fitness center, garden, lobby, passenger lifts, and common areas for daily use. Security features include 24-hour security guards, CCTV, and key card access. Overall, the project is suitable for buyers seeking a condominium near the BTS in Sukhumvit while still enjoying a relatively private residential atmosphere.

The property is managed under condominium juristic person management, which oversees common area maintenance and building operations. For comparison with another condominium project in Bangkok, see THE BASE Phetchaburi-Thonglor

Siamese Sukhumvit 48 in 2026 is positioned in the On Nut-Phra Khanong pocket where rental demand is driven by office workers along Sukhumvit and Rama 4. The project benefits from rail access, roughly 650 m to BTS On Nut and about 950 m to BTS Phra Khanong, which typically supports leasing liquidity compared with car-dependent locations.

• Resale price per unit (1-bed, 30 sq.m.): around THB 3.45 million
• Resale price per sq.m.: about THB 115,000 (3.45M - 30 sq.m.)
• Average rent: about THB 16,500 per month (standard unit, fully furnished)

Rental Yield (gross) quick math: annual rent = 16,500 x 12 = THB 198,000. Divide by purchase price 3,450,000 to get approximately 5.74% per year, before factoring common fees, taxes, and vacancy.

For capital gain, using a realistic benchmark of nearby Sukhumvit mid-market condos that have moved about 2-4% per year across 2024-2025, a 2026 uplift of roughly 3% is plausible under stable demand. That implies a target resale band of about THB 118,000-120,000 per sq.m. Key risks are new supply along Sukhumvit that can increase resale competition, and unit-specific factors such as layout, view, and condition, which may widen required discounts when exiting.