Ivy Thonglor

Ivy Thonglor is a high-rise condominium located at 889 Khlong Tan Nuea, Watthana, Bangkok 10110, in Thonglor Soi 23. The project offers convenient access to Sukhumvit Road, Phetchaburi Road, and the Thonglor, Ekkamai, and Phrom Phong neighborhoods. It is approximately 2.3 kilometers from BTS Thong Lo Station.

Developed by Pruksa Real Estate Public Company Limited, the project consists of 1 residential building with 24 floors and 447 units. Parking is available for approximately 232 cars. The condominium was completed in 2010. Unit types include 1-bedroom, 2-bedroom, and penthouse layouts, with usable areas starting from around 42 square meters. This makes the project suitable for both owner-occupiers and investors seeking rental demand in a prime inner-city location.

Facilities include a swimming pool, fitness center, sauna, garden, lobby, passenger elevators, and common areas designed for everyday living. Security features include 24-hour security guards, CCTV, and key card access. Building management is handled under the condominium juristic person system, helping maintain common areas and residential standards efficiently.

For nearby options, you may also view Culture Thonglor.

Ivy Thonglor (Sukhumvit 55) in 2026 remains a rental-driven condo supported by office workers in Thonglor-Ekkamai and expat tenants. The project is about 1.3 km from BTS Thong Lo, so resale prices tend to be stable rather than explosive, with liquidity improving when units are priced realistically.

• Typical resale price per unit: 1-bed 35 sq.m. around THB 6.3M
• Average resale price: about THB 180,000 per sq.m. (commonly seen range THB 165,000-205,000 per sq.m.)
• Average rent: 1-bed 35 sq.m. about THB 28,000 per month (range THB 25,000-32,000)

Rental Yield (quick math): (28,000 x 12) minus 1-month vacancy (28,000) = THB 308,000 per year. Divide by purchase price THB 6,300,000 gives an estimated yield of ~4.9% per year (before common fees and taxes).

Capital gain outlook: based on a realistic 2024-2026 market pace, prices may rise around 2-4% per year. Upside is more attractive when buying below ~THB 175,000 per sq.m. or securing a move-in-ready unit that can be rented immediately. Newer nearby supply such as Culture Thonglor can pressure rents, so investors should focus on well-maintained units and “market-fit” rent levels to protect occupancy and returns.