Soonthareeya Ratchadamri

Soonthareeya Ratchadamri

179 Ratchadamri Road, Lumphini Subdistrict, Pathum Wan District, Bangkok, 10330

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Project Information

Project Type

Condo

EIA Permission

approved

Quantity

542 Unit

Completed

2026

Developed By

Areeya Property PLC

Floor Plan

No information

Project Location

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Project Concept

Soonthareeya Ratchadamri is shaped by a design idea of “quiet living in the heart of the city,” using massing and orientation to capture greener views around Lumphini while buffering the energy of the Ratchadamri-Pathumwan district. The architectural language leans toward understated luxury-clean lines, calm proportions, and a light visual weight-so the building feels contemporary yet timeless rather than trend-driven.

The core concept is a clear privacy sequence, from arrival and lobby to resident-only retreat zones. Natural light and shadow are treated as key materials, softening the interior mood and reducing the harshness often associated with dense CBD living. Finishes emphasize warmth and tactility-stone-like surfaces, wood tones, and muted metals-to create an everyday premium feel without being flashy.

Unit planning focuses on real usability: practical storage, well-defined kitchen zones, and fewer dead corners. Openings are positioned for balanced daylight across morning to afternoon, supporting comfort in daily routines. This approach suits both owner-occupiers and investors seeking stable rental demand near major business nodes and lifestyle magnets such as Central Embassy and the Siam area, with the added advantage of being close to the city’s most valued green lung, Lumphini Park.

Project Highlights

Soonthareeya Ratchadamri is a condominium in the Lumpini-Ratchadamri pocket, balancing residential calm with true CBD convenience. It suits professionals working in central Bangkok and investors seeking a scarce, prime-location asset where new supply is relatively limited.

  • Walkable inner-city lifestyle Near Lumpini Park and the Ratchaprasong retail core, surrounded by luxury hotels, restaurants, and office clusters around Ploenchit-Chidlom, supporting steady rental demand.
  • Strong rail connectivity Close to BTS Ratchadamri at about 700 m and MRT Si Lom at about 1.5 km, enabling easy access to Sathorn, Asoke, and Sukhumvit corridors.
  • Higher privacy feel The Lumpini neighborhood is less hectic than major shopping intersections, yet remains quickly connected to workplaces and lifestyle hubs.
  • Investor-oriented edge Proximity to embassies, hospitals, and office districts attracts higher-spending tenants, helping stabilize rent levels and long-term value.

Description

Soonthareeya Ratchadamri is a high-rise condominium located at 179 Lumphini, Pathum Wan, Bangkok 10330, in the prime Ratchadamri area. The project is situated in one of Bangkok's established residential neighborhoods, close to major business districts, lifestyle destinations, and green spaces. It was completed around 1988 and developed by Soonthareeya Group, offering a relatively private residential atmosphere with a limited number of units.

The project consists of 1 building with 17 floors and approximately 48 residential units. Parking is available within the project based on unit allocation. Unit types mainly include 2-bedroom to 4-bedroom layouts, with spacious living areas that suit residents seeking larger homes in the city center.

Facilities include a swimming pool, fitness room, passenger elevators, and parking area. Security features include 24-hour security personnel and CCTV surveillance.

In terms of transportation, the condominium is about 350 meters from BTS Ratchadamri and around 800 meters from BTS Chit Lom. Nearby landmarks include Lumpini Park, Royal Bangkok Sports Club, CentralWorld, Gaysorn Village, and several leading hospitals, making the project suitable for both residential living and long-term holding.

Specific public information on the building management company is not clearly available. In general, the property is managed by the condominium juristic person.

Price Trend

Soonthareeya Ratchadamri (Lumphini-Pathum Wan) sits in a prime CBD pocket where both owner-occupiers and tenants are active. The tenant base is typically office workers in Ratchadamri-Ploenchit and expatriates. Walkability supports rent stability: BTS Ratchadamri is about 650 m away, and BTS Chit Lom is roughly 1.2 km, keeping demand resilient versus outer zones.

  • 2026 resale pricing: a 1-bedroom 45 sq.m. unit averages THB 8.6M, or ~THB 191,000 per sq.m.
  • Observed market band: ~THB 175,000-215,000 per sq.m., depending on floor, view, and unit condition.
  • Average rent: ~THB 32,000 per month for 45 sq.m., or ~THB 710 per sq.m. per month.

Rental Yield (quick math): (32,000 x 12) minus 1 month vacancy = THB 352,000 per year. Divide by THB 8,600,000 purchase price = ~4.1% gross yield (before common fees and taxes). This is competitive for central Bangkok, and in many cases compares favorably with nearby benchmarks such as Noble Ploenchit, where entry prices per sq.m. are often higher.

Capital Gain outlook: using a conservative 2.5-3.5% annual growth assumption, from an estimated 2024 base around THB 180,000 per sq.m. to a 2026 average of THB 191,000 per sq.m., implies roughly 6-9% cumulative upside. Upside drivers include limited new supply around Ratchadamri, while key risks are rental competition in the Chit Lom-Ploenchit corridor and tighter mortgage approvals impacting resale liquidity.

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