The Cube North Chaengwattana 12

The Cube North Chaengwattana 12 is a low-rise condominium located at 112 Thung Song Hong, Lak Si, Bangkok 10210. The project sits in the Chaengwattana - Lak Si area, close to Chaengwattana Road and the Government Complex, making it suitable for office workers and residents seeking convenient access to central Bangkok and Don Mueang.

Developed by Cube Real Property Co., Ltd., the project was completed in 2015. It is a low-rise residential building with 1 building, 8 floors, around 79 units, and parking for approximately 30% of total units. Unit types mainly include studio and 1-bedroom layouts, suitable for single residents or couples.

Facilities include a swimming pool, fitness room, lobby, garden, passenger elevator, and common area spaces for daily use. The security system features 24-hour security guards, CCTV, and key card access control.

For transportation, the project is near MRT Pink Line - National Telecom Station, approximately 700 meters away, and also not far from Lak Si Station, which connects with the SRT Red Line. Nearby landmarks include the Government Complex Chaengwattana, IT Square, Central Chaengwattana, and Don Mueang Airport. The property is managed under condominium juristic person administration for common area maintenance and residential order. A nearby project worth exploring is Knightsbridge Phaholyothin - Interchange.

The Cube North Chaengwattana 12 in 2026 sits in the Chaengwattana - Lak Si condo pocket where demand is driven mainly by government offices (Chaengwattana Government Complex) and workplaces along Vibhavadi. The nearest rail option is MRT Pink Line, Si Rat Station (Government Complex) at approximately 1.7 km, which helps rental liquidity more than pure price acceleration.

• Resale price per unit (1-bedroom 28-32 sq.m.): about THB 1.65-1.95M
• Average resale price per sq.m.: around THB 58,000-65,000
• Average rent: THB 7,500-9,000 per month (basic furnished)

Rental Yield (simple calculation): assume a purchase at THB 1.80M and rent at THB 8,500 per month. Annual rent = 8,500 x 12 = THB 102,000. Yield = 102,000 divided by 1,800,000 = 5.7% per year (before common fees, taxes, and vacancy). This level is relatively attractive for investors seeking cashflow in a mid-priced segment.

For Capital Gain, a conservative 2026-2028 outlook is 2-4% per year, supported by end-user demand and the pricing gap versus newer nearby launches (e.g., Origin Place Chaengwattana, Plum Condo Chaengwattana Station) that typically enter the market at higher price points. The project can still offer negotiable “resale discount” opportunities; units in good condition on mid to higher floors tend to rent faster and preserve resale value better.