The Oleander
63 Sukhumvit 11 Alley, Sukhumvit Road, Khlong Tan Nuea Subdistrict, Watthana District, Bangkok, 10110
Sell0Listing
Rent0Listing
Project Type
EIA Permission
Quantity
Completed
Floor Plan
No information
Project Location
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Nearby Locations
BTS Nana (E3)
422 M
ARL Makkasan (A6)
439 M
MRT Phetchaburi (BL21)
464 M
BTS Phloen Chit (E2)
559 M
BTS Asok (E4)
697 M
MRT Sukhumvit (BL22)
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MRT Phra Ram 9 (BL20)
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ARL Ratchaprarop (A7)
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BTS Phromphong (E5)
1.4 km.
BTS Siam (CEN)
1.5 km.
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MRT Queen Sirikit National Convention Centre (BL23)
1.6 km.
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BTS Victory Monument (N3)
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MRT Thailand Cultural Centre (BL19)
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MRT Si Lom (BL26)
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BTS National Stadium (W1)
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MRT Ramkhamhaeng 12 (OR16)
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BTS - Sukhumvit Line
3.7 km.
MRT - Blue Line
3.7 km.
ARL - Airport Link
3.7 km.
MRT - Purple
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BTS - Silom Line
3.7 km.
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MRT Lat Phrao 71 (YL04)
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MRT Tao Poon (PP16)
4.5 km.
MRT Ratcha Mangkhala Stadium (OR18)
4.6 km.
MRT Lat Phrao 83 (YL05)
4.6 km.
MRT Phahon Yothin (BL14)
4.7 km.
MRT Bang Phlat (BL07)
4.7 km.
BTS Bang Chak (E10)
4.8 km.
MRT Bang Pho (BL09)
4.8 km.
MRT Bang O (BL08)
4.8 km.
MRT Itsaraphap (BL32)
4.8 km.
BTS Ha Yaek Lat Phrao (N9)
4.8 km.
MRT Sirindhorn (BL06)
5.0 km.
MRT Mahat Thai (YL06)
5.0 km.
Project Concept
The Oleander is conceived as a low-rise condominium that feels “quiet, yet connected to the city” in Khlong Tan Nuea, Watthana. The design prioritizes a human-scale massing that respects the surrounding residential context, while the planning approach aims to deliver stronger privacy than typical high-rise projects along main roads.
The core concept is an urban-resort atmosphere shaped by greenery, daylight, and ventilation. Warm, understated tones and practical materials are used to create a timeless look rather than a trend-driven façade. From an investor’s perspective, this kind of restrained, durable aesthetic can help reduce long-term wear perception and support smoother resale and rental positioning.
Common areas are planned for real daily use instead of pure spectacle: a bright, airy lobby; clear and efficient circulation; and fewer hidden corners. This improves safety, simplifies building management, and helps keep maintenance more predictable over time.
Overall, The Oleander presents a calm, quality-focused identity suited to professionals in the Sukhumvit and Thonglor area who value privacy and livability, while maintaining a design character that can hold its appeal in the long run.
Project Highlights
The Oleander is located on Sukhumvit 63 in Khlong Tan Nuea, Watthana - a residential pocket that still sits within the vibrant Thonglor-Ekkamai lifestyle zone. This positioning suits urban professionals and investors targeting steady long-stay rental demand from both Thai and expatriate tenants in the inner Sukhumvit area.
- Prime Sukhumvit 63 address surrounded by Ekkamai-Thonglor dining, cafes, and community malls, with convenient access toward Phrom Phong and Asok by car
- Transit connectivity approximately 1.6 km to BTS Ekkamai and about 1.7 km to BTS Thong Lo, with easy links to Sukhumvit Road and New Phetchaburi Road for cross-city commuting
- Project facilities designed around privacy and a quieter living atmosphere than large-scale developments, supporting true residential use and long-term leasing
- Differentiated investment angle set among established upscale condos such as Ivy Thonglor and Siri at Sukhumvit, reinforcing neighborhood positioning and helping support long-term value retention
Overall, The Oleander fits buyers who want inner-city convenience near Bangkok’s key lifestyle hubs, while maintaining a more private residential feel and solid rental prospects in inner Sukhumvit.
Description
The Oleander is a high-rise condominium located at 63 Khlong Tan Nuea, Watthana, Bangkok 10110, in the central Sukhumvit area near Phrom Phong and Asok. The location is well suited for both Thai residents and expatriates seeking privacy in a prime residential neighborhood.
The project consists of 1 building with 27 floors and approximately 78 residential units. Parking is available for about 100 percent of the units. Unit types include 2-bedroom, 3-bedroom, and penthouse layouts, with relatively large usable space compared with many condominiums in the same area, making it suitable for long-term living.
Facilities include a swimming pool, fitness room, sauna, garden, passenger elevators, and common relaxation areas. The security system includes 24-hour security personnel, CCTV, and key card access.
The project was completed around 2007 and developed by Oleander Co., Ltd. Based on available resale and rental market information, the building has continued to be well maintained. It is suitable for buyers or tenants looking for large-unit residences in Sukhumvit Soi 33, close to BTS Phrom Phong at approximately 1.4 km and BTS Asok at approximately 1.7 km, as well as nearby EmQuartier, Emporium, Terminal 21, and Samitivej Sukhumvit Hospital.
Price Trend
The Oleander in Khlong Tan Nuea, Watthana is a low-rise condo benefiting from rental demand tied to the Thonglor-Ekkamai and inner Sukhumvit corridor. In 2026, pricing is expected to move gradually, typically less volatile than nearby high-rise benchmarks such as Ivy Thonglor and Siri at Sukhumvit.
- Resale price per unit: 1-bedroom 45 sq.m. averages THB 6.3M
- Price per sq.m.: about THB 140,000 (commonly THB 125,000-155,000)
- Average rent in 2026: THB 28,000 per month (range THB 25,000-32,000)
Rental Yield (quick math): (28,000 x 12) minus 10% for maintenance and vacancy = THB 302,400 per year. Divide by 6,300,000 = 4.8% p.a. (pre-tax). This sits in a realistic band for inner Sukhumvit, where tenants pay for location, privacy, and lower density.
Capital gain outlook: using a conservative 2.5% annual appreciation, a THB 6.3M unit could reach about THB 6.46M within one year, implying roughly THB 160,000 upside. Actual performance will depend on unit condition, renovation quality, and competitive supply from newer projects closer to mass transit.
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