The Parkland Latphrao‑Chokchai 4

The Parkland Latphrao‑Chokchai 4

Lat Phrao Road Lat Phrao Subdistrict, Lat Phrao District, Bangkok, 10230

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Project Type

Condo

EIA Permission

approved

Quantity

714 Unit

Completed

2025

Developed By

Narai Property

Floor Plan

No information

Project Location

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Project Concept

The Parkland Latphrao-Chokchai 4 is shaped around an “urban-comfort” design idea: living in a lively Latphrao-Chokchai 4 neighborhood while feeling noticeably calmer once you enter the project. The planning approach emphasizes privacy and a smoother daily flow, positioning internal spaces to reduce disturbance from the main road and to make the transition from entrance to lobby to residence feel effortless.

Architecturally, the project leans toward a contemporary, understated look. Warm, practical tones and easy-to-maintain finishes are prioritized to support real, long-term living rather than short-lived visual trends. A key layer of the concept is bringing greenery into the experience-using garden pockets and shared areas as “buffers” that soften the outside bustle and improve the overall atmosphere. This also helps many units benefit from more relaxing views, which matters for everyday comfort.

From an investor’s perspective, this concept aligns well with Latphrao’s rental demand: tenants typically value livability, functional layouts, and a clean, durable image. A design that stays timeless and is easier to maintain can support steadier occupancy and smoother resale positioning over time.

Project Highlights

The Parkland Latphrao-Chokchai 4 stands out for its practical Lat Phrao location near Chokchai 4, a lived-in residential zone surrounded by everyday conveniences such as local eateries, markets, and services. This context supports steady rental demand from employees in the Lat Phrao-Ratchada area and residents who want value compared with pricier condos right on mass-transit corridors.

  • Livable neighborhood Positioned close to Chokchai 4 and within easy reach of the Lat Phrao 71 and Ratchada zones, ideal for people who prefer an active district with a community feel.

  • Flexible connectivity Convenient road access along Lat Phrao Road toward the Ratchada-Lat Phrao intersection and the Chatuchak area. Works well for private cars and public transport, offering multiple routes into the city.

  • Complete facilities Focus on core common areas for relaxation and fitness, paired with security features suited for long-term living.

  • Value-driven positioning Captures the Lat Phrao address at a typically more attainable level than projects directly next to rail stations, attractive for investors seeking balanced rental yield and occupancy.

Description

The Parkland Latphrao-Chokchai 4 is a high-rise condominium located on Lat Phrao Road, Lat Phrao Subdistrict, Lat Phrao District, Bangkok 10230. The project sits in a convenient residential area connecting Lat Phrao and Chokchai 4, suitable for both owner-occupiers and rental demand. It was developed by Narai Property Co., Ltd. and completed around 2007.

The project consists of 1 residential building with 16 floors and approximately 388 units, with parking spaces available for residents. Unit types include studio, 1-bedroom, and 2-bedroom layouts, offering practical options for urban living in the Lat Phrao area.

Facilities include a swimming pool, fitness center, garden, passenger elevators, retail shops, and shared common areas. Security features include 24-hour security guards, key card access, and CCTV surveillance.

In terms of transportation, the project has convenient access to Chokchai 4 Road, Lat Phrao Road, and Ratchadaphisek Road. It is also within reach of MRT Lat Phrao Station, approximately 3.5 - 4 kilometers away. The surrounding neighborhood is well established, with local markets, restaurants, hospitals, and lifestyle destinations nearby.

Property management is handled under the condominium juristic person system, which oversees common area maintenance and day-to-day order within the project. For a nearby condominium in a related location, see Atmoz Ladprao 71.

Price Trend

The Parkland Latphrao-Chokchai 4 in 2026 shows a steady, end-user-driven resale market along Lat Phrao Road and the Chokchai 4 area. Demand is supported by renters working in the Ratchada-Latphrao office belt. Compared with newer nearby supply (e.g., Atmoz-branded projects and newer Ratchada-area condos), this project typically competes better on rental value than on aggressive price speculation.

  • Typical resale price per unit (2026): THB 1.75-2.35M (studio to 1-bed, 26-34 sq.m.)
  • Average resale price per sq.m.: ~THB 65,000-78,000 per sq.m. (well-renovated units may reach ~80,000)
  • Average rent: THB 8,500-11,500 per month (around 30 sq.m., fully furnished tends to lease faster)

Rental Yield (sample calculation): Buy at THB 2.05M and rent at THB 10,000 per month - annual rent THB 120,000. Yield = 120,000 ÷ 2,050,000 = 5.85% per year (before common fees, taxes, and vacancy).

Capital Gain outlook: With a conservative 2-4% annual appreciation assumption for resale condos in the broader Lat Phrao area, and pressure from new launches, a realistic 3-year upside is ~8-12% (e.g., THB 2.05M to ~THB 2.21-2.30M). The investment edge is strongest when buying below market and selecting layouts with proven rental liquidity.

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