Modern Condo Charan 79

Modern Condo Charan 79 is located at 232 Bang Phlat, Bang Phlat, Bangkok 10700. This is a Low Rise condominium in the Charan Sanitwong area, close to Bang Phlat intersection and the Rama 8 zone, offering convenient access to the inner city. The project was completed around 2013 and was developed by Modern Condo Property Co., Ltd. It is positioned as a practical residential condo in a relatively calm neighborhood compared with main road locations.

The project consists of 1 residential building, 8 floors, with approximately 79 units and on-site parking. Unit types mainly include studio and 1-bedroom layouts, suitable for single residents, couples, or buyers seeking a rental investment in the Bang Phlat area. Facilities include a lobby, passenger elevator, parking area, and basic common spaces. Security features include security personnel, CCTV, and key card access.

A key advantage of the project is its proximity to MRT Bang Phlat, at an approximate distance of 700-900 meters, making travel toward Phra Nakhon, Tao Poon, and other city areas more convenient. Nearby amenities include local restaurants, Bang Phlat Market, Yanhee Hospital, and daily lifestyle services. For both end-users and long-term investors, this location benefits from mass transit expansion and steady rental demand in the inner Thonburi area. A nearby project of interest is Lumpini Place Rama 8. Please note that the juristic management company may change over time, so it should be verified directly with the project.

Modern Condo Charan 79 (Bang Phlat) in 2026 remains a budget-friendly condominium option in the Charan- Pinklao area. Demand is supported by renters who want practical commuting toward Thonburi and the inner city. Compared with nearby Lumpini-branded projects around Rama 8 and Pinklao, pricing is generally lower, while liquidity depends heavily on unit condition, floor level, and renovation quality.

• Resale price per unit: Studio to 1-bedroom, 28-32 sq.m., typically THB 1.75-2.25M for well-kept units
• Price per sq.m.: around THB 62,000-72,000 per sq.m.
• Average rent: THB 8,500-10,500 per month (12-month lease, basic furniture)

2026 Rental Yield: Example 30 sq.m. unit priced at THB 1.95M, rented at THB 9,500 per month. Annual rent = 114,000. Gross yield = 114,000 ÷ 1,950,000 = 5.85% (before common fees, maintenance, and vacancy).

Capital Gain outlook: With a conservative area growth assumption of 2-4% per year, a THB 2.0M unit may see a 12-month price upside of about +THB 40,000 to +THB 80,000. Key risks are rental competition from newer condos and higher negotiation discounts for units that are not refreshed or have dated interiors.