Sun Palace Condominium

Sun Palace Condominium is a high-rise condominium located in Bang Kapi Subdistrict, Huai Khwang District, Bangkok 10310. The project is positioned near Pracha Uthit Road and Ratchadaphisek Road, within a well-established residential area that offers convenient access to the city. It is approximately 1.2 kilometers from MRT Huai Khwang Station, making travel to Rama 9, Asok, and Sutthisan convenient for daily commuting.

The development consists of 1 residential tower with 35 floors and around 546 units, with parking spaces available for some residents. Unit types mainly include studio, 1-bedroom, and larger family-sized layouts, with usable space starting from around 30 square meters. This makes the project suitable for both owner-occupiers and investors seeking rental demand in the Huai Khwang area.

Facilities within the project include a swimming pool, fitness room, passenger elevators, common area spaces, and retail shops on site. Security features include security personnel, CCTV, and controlled building access. The project was completed around 1995 and stands out as an older condominium in a mature neighborhood surrounded by local food options, markets, and everyday conveniences.

As for the project developer and property management company, no clearly verified public information is currently available, so buyers should confirm details directly with the juristic office. For those comparing nearby condominiums in the same area, a related project worth reviewing is Atmoz Ratchada-Huaikwang.

Sun Palace Condominium in the Bang Kapi-Huai Khwang area is positioned as a practical, community-based condo where demand is driven by real tenants working around Ratchada-Phra Ram 9 and renters seeking larger usable space per baht. In 2026, its resale pricing typically sits below newer nearby projects (for example, Atmoz Ratchada-Huaikwang), leaving some room for value-focused investors.

• Resale price per unit (2026): approx. THB 1.65M for 30 sq.m.; approx. THB 2.40M for 45 sq.m.
• Price per sq.m.: average around THB 55,000 (commonly THB 50,000-60,000)
• Average rent: studio to 1-bed THB 8,500-10,500 per month, average THB 9,500

Rental Yield (shown calculation): assume purchase at THB 1.65M and rent at THB 9,500 per month. Annual rent = 9,500 x 12 = THB 114,000. Gross yield = 114,000 ÷ 1,650,000 = 6.9% per year. After common fees and vacancy, a more realistic net range is often ~5.5-6.0%.

Capital Gain outlook: For mature, mid-market condos in this zone, price growth is typically gradual. A reasonable 2026-2028 expectation is 2-4% per year, assuming stable rental demand and well-maintained building conditions. Units with good condition, functional layouts, and easier tenant appeal tend to exit faster and protect resale pricing.