The Royal Place II

The Royal Place II is a high-rise condominium located at 6, 6/429 Lumphini, Pathum Wan, Bangkok 10330, in a prime inner-city area near Wireless Road and Ploenchit. The project suits residents seeking convenient access to Bangkok's CBD and an established residential neighborhood. It was completed in 1994 and developed by T.H.Y. Real Estate.

The project consists of 1 residential building with 34 floors and approximately 145 units. Unit types include 2-bedroom, 3-bedroom, and large penthouse layouts. The room sizes are relatively spacious compared with many newer condominiums in the same area, making the project suitable for both owner-occupiers and long-term rental investment. Typical tenants include expatriates and executives working in Ploenchit, Chidlom, and Wireless Road.

Facilities include a swimming pool, fitness room, tennis court, garden, elevators, parking, and common relaxation areas. The security system includes 24-hour security guards, CCTV, and controlled building access. For transportation, the project is about 900 meters from BTS Phloen Chit and around 1 kilometer from BTS Chit Lom. Nearby landmarks include Central Embassy, Lumphini Park, office buildings, and several international schools. Building management is handled by the condominium juristic person.

For a nearby project, you may also explore Ivy Thonglor (ไอวี่ ทองหล่อ)

The Royal Place II sits in the Lumphini-Pathum Wan area, supported by office demand and city-center lifestyle. In 2026, pricing is expected to be stable rather than aggressive, as newer supply around Ploenchit and Asoke keeps resale growth in check. Well-maintained and renovated units remain the most liquid in the secondary market.

• 2026 resale price: about THB 4.8-6.2M per unit (typical 45-55 sq.m.)
• Average price per sq.m.: THB 105,000-125,000 (renovated units can reach ~THB 130,000)
• Average rent: THB 24,000-32,000 per month (12-month lease)

Rental Yield calculation (example): 50 sq.m. unit priced at THB 5.50M, rented at THB 28,000 per month. Annual rent = 28,000 x 12 = THB 336,000. Gross yield = 336,000 ÷ 5,500,000 = 6.11% per year (before fees, tax, and vacancy).

Capital Gain outlook: Using 2024-2025 trading levels around THB 100,000-118,000 per sq.m., a move to THB 105,000-125,000 per sq.m. in 2026 implies roughly 2%-4% annual appreciation. Key drivers are unit condition, renovation quality, and the depth of expat rental demand in Lumphini.