The Parkland Phetkhasem

The Parkland Phetkasem is located at 1139 Bang Khae, Bang Khae District, Bangkok 10160. This is a high-rise condominium on Phetkasem Road in a convenient residential area. The project is approximately 300 meters from MRT Lak Song Station and close to The Mall Bangkae, making it suitable for both owner-occupiers and investors looking for property in the Thonburi side of Bangkok.

The project was developed by Narai Property Co., Ltd. It consists of 1 residential building with 28 floors and around 735 units, with parking spaces for about 40% of total units. Room types include studio, 1-bedroom, and 2-bedroom layouts, with usable sizes starting from around 30 square meters. The unit mix is suitable for single residents, couples, and small families.

Facilities include a swimming pool, fitness center, garden area, lobby, multipurpose room, and retail shops within the project. Security systems include 24-hour security guards, CCTV, and keycard access control. The project was completed around 2010 and is managed under a juristic person system for common area maintenance and building administration.

From a location perspective, the project benefits from nearby shopping centers, hospitals, and the Blue Line MRT, supporting both living convenience and rental demand. For comparison with a nearby project, you may also view Lumpini Ville Bangkae.

The Parkland Phetkasem (Bangkae) in 2026 sits in the mid-market segment along the Phetkasem-Bangkae corridor. Resale pricing remains competitive versus nearby projects such as Lumpini Ville Bangkae and Plum Condo Bangkae, so price growth is steady rather than aggressive. Rental demand is supported by West Bangkok office workers and tenants who prioritize proximity to Bangkae’s retail cluster.

• Resale price per unit: 1 Bedroom, 30 sq.m. averages THB 2.25M
• Price per sq.m.: about THB 75,000 (2.25M divided by 30 sq.m.)
• Average rent: THB 9,500 per month for a 30 sq.m. 1 Bedroom

2026 Rental Yield: THB 9,500 x 12 = THB 114,000 per year. Yield = 114,000 - 2,250,000 = 5.07% per year (before common fees and vacancy). This level is generally investable for Bangkae, especially when comparable projects show similar rents but sometimes higher entry prices.

Capital Gain outlook: Using a conservative market appreciation of ~2% per year over the last 3 years, the implied move is from roughly THB 2.12M (2023 base) to THB 2.25M in 2026, or about THB 0.13M gain. Key risk is new supply along Phetkasem putting pressure on pricing, but the area’s end-user rental demand helps limit downside.