The Lumpini 24

The Lumpini 24 is located at 120 Khlong Tan, Khlong Toei, Bangkok 10110. This is a High Rise condominium in Sukhumvit 24, a prime residential area near Phrom Phong, suitable for both living and investment. The project is approximately 1.1 kilometers from BTS Phrom Phong Station, with convenient access to Sukhumvit Road, Rama 4 Road, and the EM District shopping area.

The project was developed by LPN Development Public Company Limited and completed in 2016. It consists of 1 residential building with 46 floors and around 402 units, with approximately 270 parking spaces. Unit types include 1-bedroom, 2-bedroom, and penthouse layouts, designed to serve urban residents and the mid to upper rental market.

Facilities include a lobby, swimming pool, fitness center, garden, sauna, steam room, lounge area, and multiple passenger lifts. Security systems include 24-hour security guards, CCTV, and key card access control.

In terms of management, the project is maintained under the standard management quality commonly associated with LPN condominiums, especially in common area care and building systems. For those comparing nearby condominium options, more details are available for Ivy Thonglor.

The Lumpini 24 (Sukhumvit 24, Khlong Toei) remains a rental-driven condominium in 2026, supported by office workers and expatriates in the Phrom Phong-Thonglor corridor. The project is about 900 m from BTS Phrom Phong, which helps resale liquidity and keeps pricing resilient versus nearby options such as Ivy Thonglor and Culture Thonglor, where some units trade at higher psqm levels.

• Resale price per unit (2026): 1-bed 26-30 sq.m. typically 5.2-6.2 MB.
• Average selling price: around 190,000-220,000 THB per sq.m.
• Average rent: 22,000-28,000 THB per month for 1-bed, roughly 850-1,000 THB per sq.m. per month.

Rental Yield (worked example): Assume a purchase at 5.7 MB and rent at 25,000 THB month. Annual rent = 300,000 THB. Gross yield = 300,000 ÷ 5,700,000 = 5.26% per year (before common fees, taxes, and vacancy).

Capital Gain outlook: Using a 2024 benchmark of roughly 180,000-200,000 THB per sq.m., the move to 190,000-220,000 THB per sq.m. in 2026 implies a potential appreciation of about 3%-6% per year. Key drivers are limited new supply in Sukhumvit 24 and sustained long-stay rental demand linked to the EmDistrict retail and lifestyle hub.