Mulberry Grove The Forestias

Mulberry Grove The Forestias is a luxury condominium project located within The Forestias mega development on Bangna-Trad Road Km.7, Bang Kaeo, Bang Phli, Samut Prakan 10540. The project is close to Mega Bangna and Burapha Withi Expressway, making it suitable for residents seeking a premium home in the Bangna area. It is developed in a High Rise condominium style with a concept focused on green living and a large integrated natural environment.

The project consists of several residential buildings of approximately 7-8 storeys, with around 269 units in total and parking spaces provided in line with the project ratio. Unit types include 1-bedroom, 2-bedroom, 3-bedroom, penthouse, and selected duplex layouts, supporting both end-users and long-term ownership. Facilities include a lobby, swimming pool, fitness center, relaxation areas, landscaped gardens, and family-oriented common spaces.

The security system includes 24-hour security guards, CCTV, controlled access, and internal screening points. The project is developed by Magnolia Quality Development Corporation Limited, or MQDC, with premium property management standards. The expected completion year is around 2025 under the development timeline of The Forestias. Overall, this project stands out for its quality of living and the long-term potential of the Bangna-Trad location. For a nearby project comparison, see Lumpini Ville Lasalle-Bearing.

Mulberry Grove The Forestias (Bang Kaeo, Bang Phli) trades in a different bracket from nearby mass-market condos around Lasalle-Bearing and Sukhumvit 103-105. Its pricing is premium, supported by demand tied to Bangna-Trat, Mega Bangna, and nearby international schools, which tends to stabilize rents and resale liquidity among high-end tenants.

• 2026 resale price: 1-bedroom, 55 sq.m. averages THB 16.5M, or about THB 300,000 per sq.m.
• Average rent in 2026: THB 65,000 per month for a comparable unit.
• Rental Yield (quick math): (65,000 x 12) - 16,500,000 = 4.7% per year (before common fees, taxes, and vacancy).

Investment view: A 4.0-5.0% gross yield is relatively attractive for a luxury asset, but performance depends on tenant quality and minimizing downtime between leases.

Capital gain outlook: If we benchmark 2024 pricing around THB 280,000 per sq.m. rising to THB 300,000 per sq.m. in 2026, that implies roughly +7% total growth, or about 3-4% per year. Upside is driven by the broader Bangna area upgrade and the scarcity value of a nature-forward, high-spec development, while downside risk mainly comes from slower luxury absorption during weak economic cycles.