The Niche Mono Ratchavipha

The Niche Mono Ratchavipha is located at 292 Lat Yao, Chatuchak, Bangkok 10900. This is a High Rise condominium developed by Sena Development Public Company Limited and completed around 2016. The project consists of 1 residential building with 27 floors and approximately 840 units, with parking spaces for around 40% of total units. It is suitable for both owner-occupiers and buyers looking for a condominium in the Ratchavipha area with convenient access to the city.

The unit types include 1-bedroom and 2-bedroom layouts, with sizes starting from around 30 - 50 square meters. The project is designed to serve working professionals, couples, and small families. Facilities include a lobby, swimming pool, fitness center, garden, multi-purpose room, passenger elevators, and practical common areas for daily living.

In terms of security, the project provides 24-hour security guards, CCTV, key card access, and controlled building entry systems for residents' peace of mind. Property management follows the standard of a large urban condominium, helping maintain the common areas and overall building condition consistently.

The location is on the Ratchadaphisek - Vibhavadi Rangsit corridor, close to Ratchayothin intersection, Kasetsart University, Major Ratchayothin, and Vibhavadi Hospital. It also offers convenient connections to Vibhavadi Rangsit Road, Ngam Wong Wan Road, and expressways. For another nearby project, you may also view Aspire Rattanathibet 2.

The Niche Mono Ratchavipha (Lat Yao, Chatuchak) in 2026 is positioned in the mid-market segment of the Ratchavipha-Prachachuen area, supported by rental demand tied to the Chatuchak-Bang Sue business and commuting zone. Pricing is benchmarked against nearby mid-tier condominiums in comparable corridors.

• Resale price per unit: 1-bedroom, 30 sq.m. averages THB 2.35M (range THB 2.10-2.70M)
• Price per sq.m.: average THB 78,000 (range THB 70,000-90,000)
• Average rent: 1-bedroom, 30 sq.m. averages THB 11,500 per month (range THB 10,500-13,000)

2026 Rental Yield (simple method): (annual rent ÷ purchase price) x 100 = (11,500 x 12 ÷ 2,350,000) x 100 = 5.87% gross per year. After common fees and vacancy allowance, a more realistic net-like range is typically ~4.8-5.4% if leasing is stable.

Capital Gain: Using an estimated 2024 average of ~THB 74,000 per sq.m. rising to THB 78,000 per sq.m. in 2026 implies about 5.4% growth over 2 years, or roughly 2.6% per year. Key risk is new supply from the Bang Sue-Lat Phrao pipeline, which can cap price appreciation. The upside is affordability: correctly priced units tend to transact faster in the secondary market, especially for standard 1-bedroom layouts.