The Wellington Ramkhamhaeng 40

The Wellington Ramkhamhaeng 40 is a High Rise condominium located at 37 Soi Ramkhamhaeng 40, Hua Mak, Bang Kapi, Bangkok 10240. The project sits in a convenient Ramkhamhaeng location with easy access to Ramkhamhaeng Road, Huamark Road, and Srinakarin Road. It was completed around 2011 and developed by Wellington Asset Co., Ltd., with condominium juristic management overseeing the property.

The project consists of 1 residential building, 21 floors, and approximately 594 units, with parking spaces for residents. Unit types include studio, 1-bedroom, and 2-bedroom layouts, suitable for both owner-occupiers and rental investment in an area supported by universities and employment hubs.

Facilities include a swimming pool, fitness center, garden, passenger elevators, on-site shops, and common areas for daily living. Security systems include 24-hour security guards, CCTV, and key card access.

A key advantage of the project is its proximity to MRT Orange Line Ramkhamhaeng 34 Station at about 1.2 km and Airport Rail Link Hua Mak Station at about 3.5 km. Nearby landmarks include The Mall Bangkapi, Ramkhamhaeng University, and Ramkhamhaeng Hospital, supporting steady residential demand. For a nearby condominium option, see The Iris Rama 9-Srinakarin.

The Wellington Ramkhamhaeng 40 (Soi Ramkhamhaeng 40, Hua Mak, Bang Kapi) in 2026 shows a steady, gradual pricing pattern typical of the Ramkhamhaeng-Ladprao 130 condo cluster. Demand is driven more by affordability and rental practicality than premium positioning, making it suitable for end-users and long-term rental investors.

• Resale price per unit: Studio to 1-bedroom (28-35 sq.m.) averages about THB 1.55-2.10 million, depending on condition and furnishing.
• Resale price per sq.m.: Commonly around THB 55,000-65,000 per sq.m. Renovated, fully furnished units tend to sit at the upper end.
• Average rent: THB 7,500-10,000 per month for studio to 1-bedroom, equivalent to roughly THB 270-320 per sq.m. per month.

Rental Yield calculation (worked example): Buy a 30 sq.m. 1-bedroom at THB 1.80M and rent it at THB 9,000 per month. Annual rent = 9,000 x 12 = THB 108,000. Yield = 108,000 ÷ 1,800,000 = 6.0% per year (before common fees, maintenance, and vacancy).

Capital Gain outlook: With many nearby alternatives and a price-sensitive buyer pool, 2026 capital appreciation is expected to be moderate at about 2-4% per year. Upside is more realistic for well-maintained units priced correctly, supported mainly by local rental demand in Hua Mak-Bang Kapi rather than short-term speculation.