The Aree Condominium

The Aree Condominium is located at 88 Soi Ari 4, Phaya Thai, Phaya Thai, Bangkok 10400. This is a low-rise condominium in one of Bangkok’s most established residential neighborhoods. The project consists of 1 residential building, 8 storeys, with approximately 65 units, offering a relatively private living environment suitable for residents who prefer a quieter setting while remaining close to the city center.

Unit types available in the project include studio, 1-bedroom, and 2-bedroom layouts. The room sizes are practical for both owner-occupiers and rental investment, especially given the steady housing demand in the Ari area from urban professionals. Facilities include a swimming pool, fitness room, passenger elevator, parking, and standard common areas. Security features include CCTV, key access control, and security personnel.

The project was completed around 1998 and was developed by Aree Condominium, with management under the condominium juristic person. A key advantage of the project is its location in Soi Ari 4, about 700 meters from BTS Ari Station. The surrounding area is well known for cafes, restaurants, offices, and everyday conveniences in the Phaya Thai-Ari district. It is suitable for both residential use and long-term investment. For another project in a comparable prime Bangkok location, see Noble Ploenchit.

The Aree Condominium (Soi Ari 4, Phaya Thai) is a resale-driven market supported by Ari’s office-and-lifestyle tenant base. It is about 900 m to BTS Ari, so 2026 pricing tends to rise steadily rather than spike like brand-new projects directly on the station.

• Resale price per unit: 1-bed 34-40 sq.m. typically THB 4.6-5.6M
• Average price per sq.m.: around THB 125,000-145,000
• Average rent: 1-bed about THB 22,000-28,000 per month

Rental Yield (worked example) Buy 38 sq.m. at THB 5.20M and rent at THB 25,000 per month. Annual rent = 25,000 x 12 = THB 300,000. Gross yield = 300,000 - 5,200,000 = 5.77% per year (before common fees, tax, and vacancy).

Capital Gain outlook With Ari’s 2026 price growth often tracking a moderate 2-4% per year, a THB 5M unit may gain roughly THB 100,000-200,000 in a year. The investment case leans on stable leasing demand and “value shift” from higher-priced nearby premium stock (e.g., Noble Ploenchit), where higher entry prices can push budget-conscious tenants back toward Ari for better rent-to-location balance.