Wells Condo Rama 9-Srinakarin

Wells Condo Rama 9-Srinakarin

10 Srinagarindra 5 Alley, Srinagarindra Road, Hua Mak Subdistrict, Bang Kapi District, Bangkok, 10240

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Project Type

Condo

Land Size

1 Rai10 Sq.wa

EIA Permission

approved

Quantity

130 Unit

Parking

48 Parking

Completed

2025

Developed By

Saravana Property Co., Ltd.

Floor Plan

No information

Project Location

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Project Concept

Wells Condo Rama 9-Srinakarin is shaped around an “easy urban living” design idea - calm, practical, and contemporary. The building massing is kept clean and orderly, aiming for a breathable look rather than a heavy, enclosed feel. This matters in the Hua Mak-Bangkapi area where daily activity and traffic can be intense, so the project positions its architecture as a visual buffer that feels more private and composed.

The core concept focuses on livability: planning that supports natural daylight and cross-ventilation in real use zones, minimizing dead corners and making interiors feel brighter in everyday routines. Material and color direction typically leans toward light, neutral tones, helping compact spaces look cleaner and more flexible for different lifestyles - an advantage for both end-users and rental demand.

Common areas are designed with a “use-first” mindset. Instead of purely decorative features, the emphasis is on functions residents actually return to often, while inserting green pockets as visual breaks from the surrounding main-road environment. From an investor perspective, this type of design reads as “simple but complete” - easier to maintain, broadly appealing to tenants, and aligned with the mixed residential and employment catchment of the Rama 9-Srinakarin corridor.

Project Highlights

Wells Condo Rama 9-Srinakarin is positioned in the Huamak-Bangkapi area, a practical connector between Rama 9, Ramkhamhaeng, and Srinakarin. This location works for both end-users and investors because it sits within an established urban community with consistent rental demand. Compared with nearby projects such as Metris Rama 9-Ramkhamhaeng or Bangkok Horizon Ramkhamhaeng, the key advantage here is route flexibility across multiple city zones rather than relying on a single corridor.

  • Location A central pocket linking Rama 9, Ramkhamhaeng, and Srinakarin, with convenient access toward Ekkamai-Pattanakarn and Bangna corridors.
  • Connectivity Easy movement via major roads including Ramkhamhaeng and Srinakarin, offering alternative routes that help reduce commute risk during peak hours.
  • Facilities Focus on usable common areas designed for everyday living, supporting working residents who want on-site spaces to relax and stay active.
  • Distinct investment angle The multi-zone catchment broadens tenant profiles, from office workers around Rama 9 to students and families seeking a mature neighborhood.

Overall, it is a “mobility-first” condo choice, prioritizing real-life convenience and future liquidity over flashy positioning.

Description

Wells Condo Rama 9-Srinakarin is located at 10 Hua Mak, Bang Kapi, Bangkok 10240. This is a low-rise condominium designed for private urban living, suitable for residents working in the Rama 9 - Srinakarin - Phatthanakan area and for those seeking convenient access to the inner city from eastern Bangkok.

The project consists of 1 building, 8 floors, with approximately 149 residential units and parking for around 40% of total units. Unit types include studio, 1-bedroom, and 2-bedroom layouts, making it suitable for both owner-occupiers and rental demand from working professionals and students in nearby areas.

Facilities generally include a lobby, swimming pool, fitness room, garden area, passenger elevator, and common areas for daily use. Security features include security guards, CCTV, and key card access, helping support a safer residential environment.

The project was completed around 2015 and developed by Wells Development Group. Property management depends on the building's juristic management team and on-site administration during each period. The location offers access to Srinakarin Road, Ramkhamhaeng Road, and Rama 9 Road, and is about 2.5 - 3 kilometers from Airport Rail Link Hua Mak Station, making city and outbound travel more convenient.

For a nearby condominium in the same area, see iCondo Serithai Green Space

Price Trend

Wells Condo Rama 9-Srinakarin (Huamak-Bangkapi) in 2026 is priced in the mid-tier of the Rama 9-Ramkhamhaeng-Srinakarin rental belt. Demand is supported by tenants working around Rama 9 and residents tied to Ramkhamhaeng and Srinakarin corridors, while resale pricing faces competition from both newer launches on main roads and older, cheaper projects in nearby pockets.

  • Resale price per unit: 1-bedroom 28-32 sq.m. typically 2.05-2.45 MB
  • Average selling price per sq.m.: about 75,000-85,000 THB per sq.m. (floor, view, condition matter)
  • Average rent: 9,500-12,500 THB per month for 1-bedroom; studios often 8,000-9,500 THB per month

Rental Yield example (simple): Buy at 2.20 MB, rent at 11,000 THB per month - annual rent 132,000 THB. Yield = 132,000 ÷ 2,200,000 = 6.0% per year (before common fees, taxes, and vacancy).

Capital gain view: with nearby submarkets generally growing around 2-4% per year, this project’s upside is usually more modest at roughly 1-3% per year due to dense competition. The investment thesis therefore leans toward “income-first”: secure a unit below market, prioritize layouts that rent fast, and treat price appreciation as incremental rather than the main return driver.

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