Lumpini Park On 19

Lumpini Park On 19 is a high-rise condominium located on Phatthanakan Road, Suan Luang, Suan Luang, Bangkok 10250. The project sits in a location that offers convenient access to inner Bangkok and the Rama 9 area. Based on its location, it is approximately 2.8 kilometers from Airport Rail Link Ramkhamhaeng Station, with easy connections to Phatthanakan Road, Srinagarindra Road, and nearby expressways.

The project was developed by L.P.N. Development Public Company Limited and was completed around 2014. It is a 36-storey residential tower with approximately 741 units and around 270 parking spaces. Unit types include studio, 1-bedroom, and 2-bedroom layouts, suitable for both owner-occupiers and rental demand from working professionals in the Phatthanakan, Rama 9, and Ekkamai areas.

Facilities include a swimming pool, fitness center, garden, playground, multi-purpose room, on-site shops, and a lobby. Security features include 24-hour security guards, CCTV, key card access, and controlled building entry. Project management follows the standard of LPN, known for practical common area management and long-term residential upkeep.

From an investment perspective, the project is suitable for buyers seeking an affordable condominium in the Phatthanakan area with access to lifestyle districts such as Thonglor. For nearby comparison, see Ivy Thonglor.

Lumpini Park On 19 in Suan Luang is positioned as a “value-based” condo compared with inner Sukhumvit projects such as Ivy Thonglor or Siri at Sukhumvit. For 2026, it fits investors who focus on stable long-term rentals and moderate price volatility rather than aggressive speculation.

• Resale pricing (2026): 1-bedroom units around 26-30 sq.m. typically trade at THB 2.35-2.75M, translating to roughly THB 90,000-105,000 per sq.m.
• Average rent: 1-bedroom monthly rent is commonly THB 10,500-12,500, depending on floor, view, and furnishing.
• Rental Yield (worked example): Buy at THB 2.55M and rent at THB 11,500 per month. Annual rent = THB 138,000. Yield = 138,000 ÷ 2,550,000 = 5.41% before common fees and vacancy assumptions.

Capital gain outlook: With a relatively affordable entry price, upside tends to be gradual. Based on typical movement in mid-market condos around the broader Sukhumvit and Suan Luang catchment, a reasonable expectation is 2-4% per year over 2026-2028. For a THB 2.5M unit, that implies about THB 50,000-100,000 per year. Key risk to monitor is competing resale supply in the same area, which can cap price growth; however, rental demand remains supported by working professionals and students seeking mid-range monthly budgets.