The Star Estate @ Narathiwas

The Star Estate at Narathiwas is a high-rise condominium located at 188 Narathiwas Ratchanakarin Road, Chong Nonsi, Yannawa, Bangkok 10120. The project sits in a convenient urban location with easy access to Sathorn, Silom, and Rama 3. It was completed around 2006 and developed by Eastern Star Real Estate Public Company Limited, making it suitable for both owner-occupiers and investors seeking rental demand in the central business area.

The project consists of 1 residential building with 20 floors and approximately 139 units, with parking available for residents. Unit types include 1-bedroom, 2-bedroom, and 3-bedroom layouts, with usable areas ranging from about 58 - 235 square meters. This variety makes the project suitable for working professionals, small families, and buyers who prefer larger living space than typical city condominiums.

Main facilities include a swimming pool, fitness room, garden, passenger lifts, and common areas for daily use. Security features include 24-hour security guards, key card access, and CCTV surveillance, supporting a secure residential environment.

For transportation, the project is near BRT Thanon Chan Station at approximately 1.3 km and BTS Chong Nonsi Station at approximately 2.7 km. Nearby landmarks include Central Rama 3, Saint Joseph Convent School, BNH Hospital, and office buildings in the Sathorn area. For those interested in nearby projects, see ROMM Convent. Building management is handled under standard condominium juristic management to maintain common areas and long-term living quality.

The Star Estate at Narathiwas (Narathiwas Ratchanakarin Rd., Chong Nonsi, Yan Nawa) in 2026 trades in the broader Sathorn-Narathiwas residential pocket, supported by office demand around Sathorn-Nang Linchi. Commuting is practical via BRT; the BRT Technic Krungthep station is about 600-800 m away, which helps sustain long-stay tenants.

• Resale price per unit: 1-bed 35 sq.m typically 3.15-3.45 MB.
• Average selling price: 90,000-100,000 THB per sq.m (use 95,000 THB as base).
• Average rent: 14,000-16,000 THB per month (use 15,000 THB as base).

• Rental Yield (quick math): (15,000 x 12) minus 1 vacant month = 165,000 THB net rent per year.
• Gross yield (before other costs): 165,000 - 3,325,000 = 4.96% per year.
• After allowing ~10% for common fees and minor repairs, yield is about 4.4%.

Capital gain view: Nearby benchmarks such as Rhythm Sathorn and Condolette Pixel Sathorn suggest price growth is steady rather than explosive. A reasonable expectation is 2-4% per year for 2026-2028. Buying at 95,000 THB per sq.m and exiting at 100,000 THB per sq.m implies about 5.3% appreciation (excluding transaction fees). This profile fits investors prioritizing cash flow with mid-to-long holding periods.