The Cube South Chaengwattana 15/1

The Cube South Chaengwattana 15/1 is a Low Rise condominium located on Soi Chaengwattana 15/1, Thung Song Hong, Lak Si, Bangkok 10210. The project offers convenient access to Chaengwattana Road, the Government Complex, and the Lak Si area. It was developed by Cube Real Property Co., Ltd. and completed around 2017.

The project consists of 1 residential building, 8 floors, with approximately 139 units in total. Parking spaces account for around 35 - 40% of total units. Unit types mainly include 1-bedroom and 2-bedroom layouts, suitable for both owner-occupiers and investors targeting rental demand from office workers in Chaengwattana, Lak Si, and nearby government offices.

Facilities include a swimming pool, fitness room, garden, lobby, passenger elevator, and common areas designed for daily living. The security system includes security guards, CCTV, and key card access for residents' safety and convenience.

A key advantage of the project is its proximity to the MRT Pink Line, National Telecom Station, at an approximate distance of 700 - 900 meters. It is also within easy reach of Lak Si Station by a short drive. Nearby landmarks include Big C Chaengwattana, IT Square Lak Si, Central Chaengwattana, and the Chaengwattana Government Complex, making this condominium suitable for both residential living and long-term investment.

For a nearby condominium option in the Ngamwongwan area, you may also consider NUE Noble Ngamwongwan for location and investment comparison.

The Cube South Chaengwattana 15/1 in 2026 trades as a practical low-rise condo for end-users and rental investors in Laksi-Chaengwattana. Demand is supported by government offices (Chaengwattana Civic Center area), IT Square, and the northern Vibhavadi corridor. Access to rail transit is a key driver: MRT Pink Line, Chaeng Watthana 14 Station is about 1.2 km away, helping rental occupancy remain relatively stable versus pure speculative projects.

• Resale price per unit (1-bedroom 26-30 sq.m.): THB 1.55-1.85M
• Average resale price per sq.m.: THB 58,000-65,000
• Average rent: THB 7,500-9,000 per month (fully furnished)

Rental Yield (worked example): assume a purchase at THB 1.70M and rent at THB 8,500 per month. Annual rent = 8,500 x 12 = THB 102,000. Gross yield = 102,000 - 1,700,000 = 6.0% per year (before common fees, vacancy, and taxes).

Capital Gain outlook: Compared with nearby newer launches such as Origin Place Chaengwattana and NUE Noble Ngamwongwan, which typically price higher per sq.m., this project still has room for gradual repricing. However, given dense competing rental supply, price growth in 2026 is best viewed conservatively at 2-4% per year. Units bought below ~THB 60,000 per sq.m., with good condition and mid-to-high floors, tend to have stronger resale liquidity.