Ploen Ploen Condominium Rama 5-Ratchaphruek

Ploen Ploen Condominium Rama 5-Ratchaphruek is located at 137 Moo 2, Bang Si Thong, Bang Kruai, Nonthaburi 11130. This is a low-rise condominium designed for practical living in the Rama 5-Ratchaphruek area, with convenient access to Nakhon In Road, Ratchaphruek Road, and Pinklao. The project was developed by Villa Kunalai Co., Ltd. and completed in 2016.

The project consists of 1 building, 8 floors, and approximately 79 residential units, offering a relatively private atmosphere compared with larger urban condominiums. Unit types mainly include studio and 1-bedroom layouts, with sizes starting from around 28-35 square meters. It suits both owner-occupiers and investors seeking rental demand in a suburban location with reasonable living costs. Parking is available for approximately 30-40% of total units.

Facilities include a lobby, fitness room, passenger elevator, parking area, and standard common areas for daily use. Security systems include security guards, CCTV, and keycard access control. The project is managed by the condominium juristic person.

A key advantage of the project is its access to nearby lifestyle destinations and major roads, including The Walk Ratchaphruek, HomePro Ratchaphruek, Tesco Lotus Nakhon In, and several hospitals in the surrounding area. Although it is not directly next to a rail station, residents can connect by car to MRT Ministry of Public Health Station and MRT Yaek Tiwanon Station. This project is suitable for buyers looking for an affordable condominium in Nonthaburi. For a nearby project, see Lumpini Place Pinklao 2

Ploen Ploen Condominium Rama 5-Ratchaphruek (Bang Si Thong, Bang Kruai) in 2026 sits in the affordable condo segment on the Rama 5 corridor. Demand is driven mainly by tenants working around Pinklao-Ratchaphruek and along Nakhon In road. Price movement is typically “stable with gradual upside” rather than sharp jumps, compared with larger projects closer to central Pinklao.

• Resale price per unit: Studio to 1-bed, 28-32 sq.m., typically THB 1.25-1.55M (well-maintained, fully furnished units transact faster).
• Resale price per sq.m.: about THB 45,000-52,000 per sq.m., depending on floor, view, and renovation quality.
• Average rent: THB 6,500-8,000 per month for 28-32 sq.m.

Rental Yield (worked example): Buy at THB 1.35M, rent at THB 7,200 per month. Annual rent = 86,400. Assume 1 month vacancy, net rent = 79,200. Yield = 79,200 - 1,350,000 = 5.87% per year (before common fees and taxes).

Capital Gain outlook: Using an estimated 2023 trading band of ~THB 42,000-47,000 per sq.m. versus 2026 at 45,000-52,000 per sq.m., implied appreciation is roughly 2-4% per year. Support comes from limited new supply in Bang Kruai and convenient access to Pinklao. Key risk is tenant competition from newer condos along the Charan corridor near rail lines, which can pull some rental demand away.