The Indeed Condo Phahonyothin 48

The Indeed Condo Phahonyothin 48 is a low-rise condominium located in Anusawari, Bang Khen, Bangkok 10220, within Soi Phahonyothin 48. The location offers convenient access to Phahonyothin Road, Ram Inthra, and Kaset-Nawamin, making it suitable for both owner-occupiers and rental investment in the Bang Khen area.

The project is an 8-storey residential building with 1 building and around 79 units. Parking spaces are available within the project. Unit types mainly include studio and 1-bedroom layouts, designed for practical urban living and suitable for working professionals, students, and buyers seeking a condominium near mass transit.

Facilities include a lobby, passenger elevator, parking area, and shared common spaces in line with the project scale. Security systems include CCTV, key card access, and on-site security personnel.

The project is near BTS Sai Yud Station at approximately 2.8 km and BTS Phahonyothin 59 Station at approximately 3 km. Nearby landmarks include Sripatum University, Kasetsart University, Central Ram Inthra, and Ying Charoen Market.

The project was completed around 2014 and developed by Indeed Development. Information regarding juristic management and project administration has not been clearly disclosed in public sources.

For a nearby condominium in the same area, see Condo U Kaset-Nawamin

The Indeed Condo Phahonyothin 48 (Anusawari, Bang Khen) sits in the mid-market segment, supported by rental demand from people working and studying along upper Phahonyothin. In 2026, pricing tends to move gradually rather than sharply. Compared with newer projects on Phahonyothin such as Knightsbridge or The Origin, which often command higher prices per sq.m., this project remains relatively affordable for buy-to-let investors.

• Resale price per unit (2026): 1-bedroom 28-32 sq.m. typically around THB 1.65-1.95M
• Price per sq.m.: roughly THB 58,000-68,000 (average ~THB 63,000)
• Average rent: THB 7,500-9,500 per month for 1-bedroom units

Rental Yield (worked example): Assume purchase at THB 1.80M and rent at THB 8,500 per month. Annual rent = 8,500 x 12 = THB 102,000. Gross yield = 102,000 - 1,800,000 = 5.7% (before common fees, taxes, and vacancy).

Capital Gain outlook: Using a conservative 2-4% annual growth assumption, a THB 1.80M unit in 2026 could move to about THB 1.87-1.95M within a year. Upside comes from steady end-user and tenant demand and a lower entry price versus new supply. Key risks are competition from newly completed condos along Phahonyothin and stronger buyer negotiation power in a price-sensitive market.