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Data last updated 29 Sept 2026, 04:23.

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DDproperty

The MadisonAll units in this condo →

Watthana, Khlong Tan Nua · Google Maps
฿25,000,000฿165,126 / m²Great deal31+ days listed
2 beds2 baths
฿25,000,000
฿165,126 / m²
View on DDproperty
OverviewPriceCosts & returnsLocationBuildingSimilar

Price comparisonEstimated from other current listings, not a valuation — just a signal.Typical range (25th–75th percentile) of comparable listings, per m²

Great deal

17% below the median price/m² of 35 comparable listings in this condo.

This listing
฿25,000,000
151.4 m² · ฿165,126/m²
At the median for 151.4 m²
฿30,158,880
฿5,158,880 less than the median
Typical range for this size
฿28,086,536 – ฿32,891,390
Comparables' median asking price: ฿29,000,000

Rental estimate & yieldGross yield = estimated rent × 12 ÷ asking price, before common fees, taxes, vacancy and agent fees. Asking rents, not signed contracts.

Based on 165 rentals in this condo: median ฿600/m² per month × 151.4 m².

Estimated rent
฿90,840/mo
฿79,267 – ฿98,739/mo
Gross yield
4.4%
3.8% – 4.7%
Median rent of comparables
฿78,000/mo
165 rentals, any size
Rentals of similar size
  • ฿80,000/mo·151 m²·
More details

Address

Subdistrict
Khlong Tan Nua
Address
Sukhumvit 41, Khlong Tan Nua, Watthana, Bangkok
Nearest transit
320 m (4 min) from E5 Phrom Phong BTS
Coordinates
13.72968, 100.57171

Listing history

Listing ID
DDproperty #500002939
Posted at
28 Aug 2026
First seen
26 Sept 2026, 20:26
Last seen
26 Sept 2026, 20:26
Raw JSON
151 m²
Condo
฿25,000,000
Great deal
฿165,126 / m²
DDproperty
View on DDproperty
Listed by
Chawakorn Piyanuntharuk
Chawakorn Piyanuntharuk
MAKETH REAL ESTATE CO., LTD.
Agent pageContact on DDproperty ↗
Listed by
Chawakorn Piyanuntharuk
Chawakorn Piyanuntharuk
MAKETH REAL ESTATE CO., LTD.
Agent pageContact on DDproperty ↗
This listing ฿165,126Median ฿199,200฿185,512 – ฿217,248
Similarly priced nearby
  • ฿26,000,000·152.8 m²·฿170,146/m²·2 beds
  • ฿29,000,000·162.2 m²·฿178,792/m²·2 beds
  • ฿29,000,000·162 m²·฿179,012/m²·2 beds
  • ฿30,000,000·162 m²·฿185,185/m²·2 beds
  • ฿30,000,000·162 m²·฿185,185/m²·2 beds
  • ฿30,000,000·162 m²·฿185,185/m²·2 beds
2 beds
  • ฿100,000/mo·152 m²·2 beds
  • ฿83,000/mo·152 m²·2 beds
  • ฿80,000/mo·152 m²·2 beds
  • ฿75,000/mo·152 m²·2 beds
  • ฿120,000/mo·152 m²·2 beds
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    1. Home
    2. For sale
    3. Watthana
    4. The Madison
    5. The Madison, bangkok
    For sale

    Source details

    Recency
    Listed on Aug 28, 2026 (4w ago)
    Developer
    Chawakorn Piyanuntharuk
    Agency
    MAKETH REAL ESTATE CO., LTD.
    For sale

    Cost of buying

    Land Office fees and taxes on top of the price. An estimate: the exact amounts are set by the Land Office on transfer day.

    Official appraisal
    ฿120,000/m² × 151.4 m² = ฿18,168,000
    Treasury Department appraisal, building median (฿104,300–฿132,100/m² by floor) · Registered as: เดอะ เมดิสัน
    Asking price is 1.38× the official appraisal
    Valid until 31 Dec 2026 (the next appraisal cycle starts in 2027). Source: Treasury Department (assessprice.treasury.go.th)
    Transfer fee (2 % of appraisal)· split฿363,360
    Stamp duty (0.5 %)· seller฿125,000
    Withholding income tax· seller฿952,200
    You pay on top of the price฿181,680
    All-in for the buyer฿25,181,680
    Seller's taxes and fees฿1,258,880

    No fee relief: it needs price, appraisal and loan ≤ ฿7M.Taxes are the seller's by custom, but it's negotiable: some sellers ask for a price "net" of fees.Individual sellers: on the appraisal, less a deduction by years held, at progressive rates (max 20 % of the price). Companies: 1 %.Estimate for guidance only, not tax or legal advice. Rules as of September 2026.

    Location

    Open in Google Maps
    • 231 m to BTS Phrom Phong
    • 950 m to BTS Thong Lo
    • 1.4 km to MRT Sukhumvit
    • 1.5 km to BTS Asok
    • 1.5 km to MRT Queen Sirikit National Convention Centre
    • 1.8 km to BTS Ekkamai

    71 sale listings in a 151-unit building

    Net rental yieldWhat's left after the recurring costs of actually letting this unit out, on top of the rental estimate above.Vacancy assumes 30 days between tenants (default of 1 month — not enough history for this building yet).Estimate for guidance only: based on asking rents (not signed contracts) and simplified tax/fee rules. Not tax or investment advice.

    Estimated gross rent฿1,090,080
    Common area fee− ฿72,672
    Vacancy allowance− ฿89,596
    Letting agent fee (1 month/year)− ฿90,840
    Land & Building tax− ฿3,634
    Furnishing & maintenance allowance− ฿54,504
    Net annual income฿778,835
    Net yield
    3.1%
    2.7% – 3.4%
    vs. 4.4%% gross
    4.4%
    Total investment
    ฿25,181,680
    Price + ฿181,680 buyer's costs

    Cost of owning: ~฿6,056/mo common fee (฿40/m²/month)

    Key facts

    Price vs market
    17 % below market
    vs 35 similar units in this condo
    Net rental yield
    3.1% net yield
    4.4% gross before costs
    Buying costs
    ฿181,680
    Transfer fee & taxes, 50/50 split, cash
    Common fee
    ฿6,056/mo
    ฿40/m² per month
    Could rent for
    ฿90,840/mo
    4.4 % gross yield
    Pets
    Small pets, by building rules
    Project
    The Madison
    Built
    2007
    Floors
    36
    Units
    151

    Building facilities24h security · CCTV · Covered parking · Garden · Gym · Jacuzzi · Keycard access · Lift · Parking · Playground · Reception · Sauna · +1 more

    Commute to business hubsEstimated from OpenStreetMap rail lines, typical dwell/transfer times and walking speed — not a live timetable.Position is this project's approximate location; walking time is approximate too.

    • Asok / Sukhumvit
      Walk 4 min → BTS Phrom Phong → Asok / Sukhumvit (1 stop)
      ~9 min
    • Siam
      Walk 4 min → BTS Phrom Phong → Siam (5 stops)
      ~17 min
    • Silom
      Walk 4 min → BTS Phrom Phong → Silom (7 stops)
      ~21 min
    • Rama 9
      Walk 4 min → BTS Phrom Phong → MRT Sukhumvit → Rama 9 (3 stops)
      ~21 min
    • Sathorn
      Walk 4 min → BTS Phrom Phong → Sathorn (8 stops)
      ~23 min

    Flood risk:HighNearest: ถนนสุขุมวิท จากแยกอโศก ถึงสุขุมวิท 71 (flood-prone road segment) · ~73 mThis location is right next to a spot BMA has documented as flood-prone or flood-watch.1 documented spot within 300 m1 documented spot within 800 mPosition is this project's approximate location (median of nearby listings), not this exact unit.Based only on proximity to points BMA itself has flagged as flood-prone or flood-watch — not a hydrological model, and not the 2011 flood extent. A location with nothing nearby is not proven flood-safe: BMA's list covers the spots it chose to document, not a wall-to-wall survey. Source: Bangkok Metropolitan Administration, Department of Drainage and Sewerage (public map data)

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    Price history

    Observed atPrice
    26 Sept 2026, 20:26฿25,000,000

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