The Origin Sukhumvit-Praksa

The Origin Sukhumvit-Praksa is a High Rise condominium located in Thai Ban Mai, Mueang Samut Prakan, Samut Prakan 10280. The project is positioned near Sukhumvit Road and the Praksa area, offering convenient access to Bangkok and surrounding industrial zones. It is approximately 1.7 kilometers from BTS Phraek Sa Station and about 2.3 kilometers from BTS Sai Luat Station, making it suitable for both owner-occupiers and rental investors.

Developed by Origin Property Public Company Limited, the project consists of 1 residential tower with 35 floors and around 1,005 units. Parking is provided for about 40% of total units, or approximately 402 cars, excluding double parking. Unit types include 1 Bedroom and 1 Bedroom Plus, with sizes starting from around 24-34 square meters, targeting working professionals and small families.

Facilities include a lobby, swimming pool, fitness room, co-working space, garden, lounge areas, and passenger lifts. The security system includes key card access, CCTV, and 24-hour security guards. The project was completed around 2023 and is managed under the standard condominium management system typically found in large-scale Origin developments.

From an investment perspective, the location benefits from nearby employment hubs, industrial estates, and retail destinations in Samut Prakan, supporting steady rental demand. A nearby project in the same area is Knightsbridge Sky River Ocean, which reflects the ongoing condominium growth in this Samut Prakan corridor.

The Origin Sukhumvit-Praksa in 2026 sits in the entry-to-mid condo segment of Samut Prakan. Resale pricing is supported by rental demand from employees along the Sukhumvit industrial belt, while nearby competitors such as Notting Hill Sukhumvit-Praksa and The President Sukumvit-Samut Prakan keep price growth gradual rather than aggressive.

• Resale price per unit: 1-bedroom 24-28 sq.m. typically trades around THB 1.55-1.85M
• Price per sq.m.: roughly THB 62,000-72,000 per sq.m., with a practical market clearing level near THB 67,000 per sq.m.
• Average rent: THB 6,800-8,500 per month for 1-bedroom units, with fully furnished units generally leasing faster

Rental Yield (worked example): Buy at THB 1.70M and rent at THB 7,500 per month - annual rent = 7,500 x 12 = THB 90,000 - gross yield = 90,000 divided by 1,700,000 = 5.29% per year (before common fees and vacancy).

Capital Gain view: Based on the broader area’s steady but moderate appreciation, a reasonable expectation is about 2-4% per year over the next 12-24 months. Upside is more realistic for investors who can buy below THB 65,000 per sq.m. or secure a better-positioned unit (corner, open view, move-in ready) rather than relying on short-term flipping.