Happyland Residence

Happyland Residence is located in Khlong Chan, Bang Kapi, Bangkok 10240, within the Happyland neighborhood near Happyland Sai 1 Road and Lat Phrao Road. It is a High Rise condominium completed around 1997. The project consists of 1 residential building with 12 floors and approximately 308 units. Parking is available within the project, suitable for a mid-sized residential condominium.

The unit mix mainly focuses on compact to mid-sized residences, making it suitable for both owner-occupiers and rental investment. Common layouts found in the project include studio units and 1-bedroom units, with usable areas varying by unit and renovation condition.

Facilities generally include passenger elevators, parking spaces, nearby retail or small commercial shops, and basic utilities for everyday living. The security system includes security guards and CCTV, in line with standard urban condominium requirements.

The location is one of the project’s key strengths, especially for residents seeking convenient access to the Bang Kapi community zone. Nearby landmarks include The Mall Lifestore Bangkapi, Bang Kapi Market, Tawanna area, and Vejthani Hospital. The project also has access to the MRT Yellow Line, with Bang Kapi Station approximately 1.8 kilometers away and Lat Phrao 101 Station about 2.1 kilometers away, improving connectivity to other parts of Bangkok.

Publicly verified information about the project developer and juristic management company of Happyland Residence is currently not clearly available. Buyers and tenants should confirm these details directly with the building management office. For a nearby condominium in the same broader area, you may also explore iCondo Serithai Green Space.

Happyland Residence in Khlong Chan-Bangkapi remains a budget-oriented condominium market in 2026, driven by local employees around Bangkapi-Ramkhamhaeng and student demand. Pricing is still accessible versus newer nearby projects, making it more “income-focused” than “speculation-focused”.

• Resale price per unit: THB 0.95-1.35M for 28-35 sq.m. (average ~THB 1.15M)
• Price per sq.m.: ~THB 32,000-40,000 (midpoint ~THB 36,000)
• Average rent: THB 4,800-6,500 per month (midpoint ~THB 5,800), depending on renovation and furnishing

Rental Yield (quick math): annual rent = 5,800 x 12 = THB 69,600. Using a purchase price of THB 1,150,000, gross yield = 69,600 ÷ 1,150,000 = 6.05% per year (before common fees, taxes, and vacancy). This is relatively attractive for entry-level condos where tenants prioritize affordability.

Capital Gain view: given the low price base, upside is typically gradual rather than sharp. For 2026, a reasonable expectation is 1-3% annual price growth for well-maintained units with stable rental performance. However, rental competition from nearby developments such as iCondo Serithai and Ramkhamhaeng-area condos can cap aggressive price appreciation.