Sriratana Mansion 2

Sriratana Mansion 2 is a low-rise condominium located at 59 Khlong Tan Nuea, Watthana, Bangkok 10110. The project sits in a central Sukhumvit area with convenient access to Asok Montri Road and Phetchaburi Road, making it suitable for urban residents and working professionals seeking a residence in the Watthana district.

The development is an approximately 8-storey residential building with 1 building. Verified public information on the exact number of units and parking spaces is not clearly available. Based on units found in the resale and rental market, room types are mainly studio and 1-bedroom layouts, suitable for practical city living.

Basic facilities generally include an elevator, parking, and standard common areas. For security, the building appears to have controlled access in line with a residential mansion style, although full official details of the security system are not publicly confirmed.

The project was completed around 1995. The developer and property management company could not be clearly verified from publicly available sources. A key advantage of the project is its central location near office areas and lifestyle destinations in Sukhumvit. It also offers access to public transit, with MRT Phetchaburi about 1.2 km away and BTS Nana about 1.4 km away.

Sriratana Mansion 2 (Khlong Toei Nuea, Watthana) is a low-rise, in-town condominium positioned between the Asoke-Phrom Phong catchment. In 2026, it tends to appeal to tenants who want larger usable space than newer high-rise stock, especially office workers and expats. Pricing remains relatively accessible versus nearby newer projects such as Noble Ploenchit or Siri at Sukhumvit, where price per sq.m. is typically materially higher.

• Resale price per unit (reference: 2-bed, 120 sq.m.): THB 10.8-12.6M
• Average price per sq.m.: THB 90,000-105,000
• Average rent: THB 45,000-55,000 per month

2026 Rental Yield: Example purchase at THB 11.8M with monthly rent THB 50,000. Annual rent = 50,000 x 12 = THB 600,000. Gross yield = 600,000 / 11,800,000 = 5.1% (before maintenance fees and taxes).

Capital Gain view: As a mature, larger-unit product, upside is typically driven by refurbishment and long holding periods rather than short-term speculation. A reasonable 12-month price appreciation assumption is 2-4%, conditional on unit condition, realistic pricing, and liquidity in the secondary market.