Srivara Mansion 2 (ศรีวรา แมนชั่น 2)

Srivara Mansion 2 (ศรีวรา แมนชั่น 2)

238 Ratchadaphisek 7 Alley, Ratchadaphisek Road, Din Daeng Subdistrict, Din Daeng District, Bangkok, 10400

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Project Type

Condo

EIA Permission

In Progress

Quantity

434 Unit

Completed

1992

Floor Plan

No information

Project Location

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Project Concept

Srivara Mansion 2 is shaped around a “private urban residence” design idea, fitting Din Daeng-Ratchada where offices and long-established neighborhoods sit side by side. The building expression leans toward clean, solid lines and practical detailing rather than flashy decoration, supporting a timeless look and lower long-term maintenance.

Planning focuses on everyday comfort. Unit layouts and openings are arranged to invite natural light and airflow, helping reduce the closed-in feeling often found in dense inner-city condos. Materials and colors stay in a neutral palette to suit a wide range of residents and keep common areas looking bright and easy to care for.

The concept of “close to the city, away from the noise” appears in the way entry, circulation, and living zones are kept clearly separated, reinforcing privacy and a calm residential atmosphere. This positioning matches renters working around Ratchada and Rama 9 who prioritize quietness and value over lifestyle-heavy facilities. Connectivity remains practical, with MRT Thailand Cultural Centre approximately 2.0 km away, enabling convenient access to key business and entertainment districts while the project maintains a more residential-first character.

Project Highlights

Srivara Mansion 2 is located in Din Daeng, a central residential pocket with convenient links to Ratchada, Rama 9, and Asoke. It suits city workers and investors seeking steady long-stay rental demand from nearby office clusters and established neighborhoods.

  • Din Daeng location close to the Ratchada-Rama 9 business area and surrounded by everyday amenities such as local eateries, markets, and services, making daily living practical.
  • Connectivity easy access to key corridors including Ratchadaphisek, Vibhavadi Rangsit, and Rama 9, with straightforward trips toward Huai Khwang and Victory Monument, ideal for multi-zone commuting.
  • More private living a mansion-style residential feel that tends to be calmer than large high-rise developments, appealing to tenants who prioritize quiet and livability.
  • Investor angle the neighborhood is supported by multiple newer condo projects around Ratchada-Huai Khwang, helping sustain rental demand, while this project can stand out for its liveable atmosphere and typically more accessible overall cost structure.

Overall, it is a city condo focused on real living, flexible travel routes, and consistent rental potential for professionals working around Ratchada-Rama 9.

Description

Srivara Mansion 2 is a high-rise condominium located at 238 Din Daeng, Din Daeng, Bangkok 10400. The project is positioned in an inner-city residential area with convenient access to Pracha Uthit Road and Ratchadaphisek Road, making it suitable for residents seeking urban connectivity.

Based on publicly available resale listings, the project appears to be a residential tower of approximately 16 floors. However, the total number of units, parking spaces, and parking ratio could not be consistently verified from reliable public sources. These details should be confirmed directly with the juristic office or building management.

Unit types commonly found in the resale market include studio and 1-bedroom layouts, suitable for single residents or couples. Standard facilities generally include passenger lifts, parking, and common areas in line with condominiums of a similar period. Basic security is expected to include controlled building access and on-site staff, though exact specifications should be rechecked with the project.

The location is approximately 2.3 kilometers from MRT Huai Khwang Station and around 2.8 kilometers from MRT Thailand Cultural Centre Station. Nearby landmarks include The Street Ratchada, Big C Ratchadaphisek, Thailand Cultural Centre, and Rama 9 Hospital, supporting both residential use and long-term rental potential.

The completion year, developer name, and formal building management details are not clearly confirmed in public databases. For legal or transaction-related use, it is recommended to verify the information with the condominium juristic person or official land records.

A nearby project in the same area is Atmoz Ratchada-Huaikwang

Price Trend

Srivara Mansion 2 (Din Daeng) in 2026 remains a “live-in and long-term rental” market rather than a fast-flip one. Demand is supported by the broader Ratchada - Rama 9 office ecosystem, keeping rents relatively stable versus newer nearby condos where resale prices per sq.m. are notably higher.

  • Resale price per unit: THB 1.75-2.40M (typical 45-60 sq.m. units)
  • Average resale price per sq.m.: THB 42,000-48,000 per sq.m. (around THB 45,000 per sq.m. on average)
  • Average rent: THB 9,500-12,500 per month (1-2BR, depending on renovation and furniture)

Rental Yield (worked example): Buy at THB 2.00M, rent at THB 11,000 per month = THB 132,000 per year. Assume 1 month vacancy, net rent becomes THB 121,000 per year. Yield = 121,000 - 2,000,000 = 6.05% per year (before common fees and taxes).

Capital Gain outlook: Given building age and competition from newer Ratchada - Huai Khwang launches, price upside is likely gradual at 1-3% per year. Investors tend to outperform by upgrading units and maintaining occupancy, rather than relying on short-term appreciation.

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