iCondo Phetkasem 39

iCondo Phetkasem 39 is a low-rise condominium located on Soi Phetkasem 39, Bang Wa, Phasi Charoen, Bangkok 10160. The project offers convenient access to Phetkasem Road and Ratchaphruek Road. It is approximately 1.4 km from MRT Phasi Charoen Station and around 2.2 km from BTS Bang Wa Station, making it suitable for both owner-occupiers and rental investors in the Thonburi area.

Developed by Property Perfect Public Company Limited, the project was completed in 2014. It consists of 2 residential buildings, each 8 storeys high, with a total of about 404 units. Parking is available for approximately 135 cars, or around 33% of total units. Unit types mainly include studio and 1-bedroom layouts, with sizes starting at about 21 - 35 sq.m., targeting working professionals and buyers seeking an affordable condo close to the city.

Facilities include a swimming pool, fitness room, garden, lobby, on-site shops, and shared common areas for daily use. Security features include 24-hour security guards, CCTV, and key card access. The project is managed by the condominium juristic person to maintain common areas and overall order.

One of the key advantages of the project is its location near Seacon Bangkae, The Mall Lifestore Bangkae, Phyathai 3 Hospital, and Siam University, supporting steady residential and rental demand. For nearby condominium options, see The Parkland Phetkasem 56.

iCondo Phetkasem 39 in Bang Wa, Phasi Charoen targets mid-market end users and tenants on Bangkok’s Thonburi side. Connectivity supports rental demand: MRT Phetkasem 48 is about 1.6 km away and BTS Bang Wa about 1.9 km, helping the project compete with nearby options such as The Niche id Bangkhae and Lumpini Ville Bangkae.

• 2026 resale price: studio to 1-bed units (22-30 sq.m.) typically trade around THB 1.55-2.20M per unit
• Price per sq.m.: about THB 72,000-85,000, with well-kept fully furnished units closing near the upper band
• Average rent: THB 7,500-10,500 per month (studio THB 7,500-8,500, 1-bed THB 9,000-10,500)

• Rental Yield (sample): buy at THB 1.75M, rent at THB 9,000 per month. Annual rent = 9,000 x 12 = THB 108,000. Yield = 108,000 / 1,750,000 = 6.17% per year (before common fees, taxes, and vacancy)
• Capital Gain view: price growth is likely steady rather than aggressive, around 2-4% per year, supported by the MRT Blue Line catchment. However, new supply along Phetkasem and Wutthakat can cap upside, making the project more suitable for income-focused holding than short-term speculation.