The Address Pathum Wan

The Address Pathum Wan is a high-rise condominium located on Phetchaburi Road, Thanon Phetchaburi, Ratchathewi, Bangkok 10400. Positioned near Pathum Wan intersection, the project offers convenient access to Siam, Ratchathewi, and Phloen Chit. The condominium was completed around 2012 and developed by AP Thailand, with management under the condominium juristic person system. This location is suitable for both self-use and investment due to its central Bangkok setting.

The project consists of 1 residential building with 22 floors and approximately 156 units, with around 120 parking spaces. Unit types include 1-bedroom, 2-bedroom, and penthouse layouts, offering options for urban residents, couples, and small families.

Facilities include a swimming pool, fitness center, sauna, garden, lobby, and passenger elevators. Security features include 24-hour security guards, CCTV, and key card access. In terms of transportation, the project is about 450 meters from BTS Ratchathewi and around 700 meters from BTS Phaya Thai. It also has convenient access to Airport Rail Link Phaya Thai.

The main advantage of this project is its privacy compared with many nearby condominiums, while still being close to key lifestyle destinations such as Siam Paragon, MBK Center, and CentralWorld, as well as Phyathai 1 Hospital and Chulalongkorn University. For a nearby project in the same prime city zone, see Noble Ploenchit.

The Address Pathum Wan on Phetchaburi Road - Ratchathewi is a central-city condominium supported by rental demand from the Siam - Chidlom retail core and nearby office clusters. In 2026, the resale market is broadly “stable to slightly rising”, driven by building quality and limited mid-size units.

• Typical resale price per unit: 1-bedroom 45 sq.m. around THB 7.8 million
• Price per sq.m.: about THB 173,000 (7,800,000 - 45)
• Observed market band: roughly THB 160,000-190,000 per sq.m., depending on floor, view, and unit condition

• Average rent in 2026: THB 30,000 per month for a 45 sq.m. 1-bedroom (range THB 28,000-35,000)
• Rental Yield (quick math): (30,000 x 12) - 7,800,000 = 4.62% p.a. (before common fees, taxes, and vacancy)

Capital gain view: using a conservative 2-3% annual appreciation from a THB 173,000 per sq.m. base, pricing could edge up to about THB 176,000-178,000 per sq.m. over the next year. The main risk is competition from newer projects around Siam - Ploenchit, which can pressure liquidity unless pricing is aligned with the market. However, units with strong views and move-in-ready interiors can still capture a modest spread, typically 3-6% over an 18-24 month holding period.