The Parkland Charan - Pinklao

The Parkland Charan - Pinklao is a high-rise condominium located on Charan Sanitwong Road, Bang Yi Khan, Bang Phlat, Bangkok 10700. The project sits in a convenient location near Bang Phlat intersection and offers easy access to the Pinklao area. It was developed by Narai Property Co., Ltd. and completed around 2019.

The development consists of 3 buildings, including 2 residential towers of 22 floors each and 1 parking and facilities building. The project has approximately 784 units, with parking for about 53% of total units, excluding tandem parking. Unit types include studio, 1-bedroom, and 2-bedroom layouts, with sizes starting from around 24 - 60 square meters, suitable for both owner-occupiers and investors.

Facilities include a lobby, swimming pool, fitness center, garden, co-working area, multipurpose room, and multiple passenger lifts. Security features include key card access, CCTV, and 24-hour security guards. The common areas are managed under condominium juristic management for systematic maintenance and daily operation.

A key advantage of the project is its proximity to MRT Blue Line Bang Phlat Station, about 350 meters away, and Sirindhorn Station, about 900 meters away. Nearby amenities include Tang Hua Seng Thonburi, Central Pinklao, Pata Pinklao, and Yanhee Hospital, making it a well-rounded residential option on the Thonburi side of Bangkok. A nearby project worth exploring is Lumpini Place Rama 8

The Parkland Charan - Pinklao (Bang Yi Khan, Bang Phlat) shows a steady 2026 market profile driven mainly by real end-user demand and practical rental needs around the Pinklao-Charan area. Pricing typically sits in the mid-band versus mass-market Rama 8 projects and newer Charan developments.

• Resale price per unit: 1-bedroom 30-35 sq.m. averages THB 2.65-3.20M
• Resale price per sq.m.: about THB 88,000-102,000 (renovated units and higher floors trend to the upper end)
• Average rent: 1-bedroom at THB 11,000-14,000 per month, roughly THB 380-420 per sq.m.

Rental Yield (2026): assume a THB 3.00M purchase and THB 13,000 monthly rent. Annual rent = THB 156,000. Gross yield = 156,000 ÷ 3,000,000 = 5.2%. After common fees and vacancy allowance, a more realistic net range is often 4.3-4.8%.

Capital Gain outlook: using a conservative 2-4% per year growth assumption from 2024-2025 levels, a 2026 resale uplift could be around THB +120,000 to +240,000 on a THB 3.0M unit. Key risk is nearby competing supply (notably multiple Lumpini projects and newer Charan launches), which tends to cap upside and favor “slow but consistent” appreciation rather than sharp spikes.