Tower Park

Tower Park is a high-rise condominium located in Soi Sukhumvit 3, Khlong Tan Nuea, Watthana, Bangkok 10110. Positioned in the early Sukhumvit area near Nana and Asok, the project is suitable for both residential living and rental investment. The condominium was completed around 1992 and developed by Bangkok Condos Co., Ltd. It is known for its relatively large unit sizes compared with many newer condominiums in the same area.

The project consists of 1 building with 21 floors and approximately 70 residential units. Parking is provided at a practical level for residents. Unit types mainly include 2-bedroom, 3-bedroom, and penthouse layouts, with spacious living areas that suit families and residents seeking larger usable space.

Facilities generally include a swimming pool, fitness room, tennis court, garden area, elevators, and common spaces for residents. Security features include 24-hour security guards, CCTV, and controlled building access for added privacy and safety.

Transportation is convenient, with BTS Nana about 1.1 km away and BTS Asok about 1.6 km away. The project also offers easy access to Sukhumvit Road and Phetchaburi Road. Management is handled under the condominium juristic person structure, which oversees common area maintenance in line with typical Bangkok residential standards. For a nearby project, see Ivy Thonglor.

Tower Park in Khlong Toei Nuea-Watthana is a large, established condominium supported by steady rental demand from Asoke-Phrom Phong office workers and expat families. Connectivity remains a key driver: BTS Phrom Phong is about 1.2 km away, and MRT Sukhumvit about 1.8 km, helping rents stay resilient versus newer launches where prices move faster.

• 2026 resale pricing: a 2-bedroom 130 sq.m. unit averages THB 19.5M (about THB 150,000 per sq.m.)
• Typical market range: THB 140,000-170,000 per sq.m., mainly driven by unit condition and renovation quality
• Average rent: THB 75,000 per month for 2-bedroom 120-140 sq.m. layouts

Rental Yield (quick math): annual rent THB 75,000 x 12 = THB 900,000. Divide by purchase price THB 19,500,000 = 4.62% per year (before common fees and taxes). This is relatively attractive for inner Sukhumvit, where nearby projects such as Ivy Thonglor or Siri at Sukhumvit often trade at higher entry prices, compressing yields to roughly 3.5-4.5% depending on the deal.

Capital Gain outlook: as a mature asset, upside is more “deal-driven” than market-driven. Gains typically come from buying at a discount and upgrading the unit. A reasonable assumption is 2-4% annual appreciation for well-maintained stock. If an investor buys around THB 145,000 per sq.m. and exits at THB 160,000 per sq.m. within 3 years, the capital gain is about 10% before transaction costs. Best suited for investors prioritizing cash flow and selective unit quality.