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Data last updated 29 Sept 2026, 14:11.

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  5. The Empire Place, bangkok
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DDproperty

The Empire PlaceAll units in this condo →

Sathon, Thung Maha Mek · Google Maps
฿17,000,000฿149,123 / m²Fair price
2 beds2 baths
฿17,000,000
฿149,123 / 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

Fair price

2% above the median price/m² of 97 comparable listings in this condo.

This listing
฿17,000,000
114 m² · ฿149,123/m²
At the median for 114 m²
฿16,696,970
฿303,030 more than the median
Typical range for this size
฿16,013,774 – ฿18,500,000
Comparables' median asking price: ฿15,000,000

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

Based on 158 rentals in this condo: median ฿504/m² per month × 114 m².

Estimated rent
฿57,488/mo
฿53,774 – ฿63,918/mo
Gross yield
4.1%
3.8% – 4.5%
Median rent of comparables
฿55,000/mo
158 rentals, any size
Rentals of similar size
  • ฿60,000/mo·114 m²·
More details

Address

Subdistrict
Thung Maha Mek
Address
88 Narathiwatratchanakharin Road, Thung Maha Mek, Sathon, Bangkok
Nearest transit
180 m (2 min) from B1 Sathorn BRT
Coordinates
13.71938, 100.53109

Listing history

Listing ID
DDproperty #500466437
Posted at
17 Sept 2026
First seen
26 Sept 2026, 20:24
Last seen
26 Sept 2026, 20:24
Raw JSON
114 m²
Condo
฿17,000,000
Fair price
฿149,123 / m²
DDpropertyFor sale
View on DDproperty
Listed by
Simon Decalf
Simon Decalf✓
MCLL ASIA CO., LTD.
Agent pageContact on DDproperty ↗
Listed by
Simon Decalf
Simon Decalf✓
MCLL ASIA CO., LTD.
Agent pageContact on DDproperty ↗
This listing ฿149,123Median ฿146,465฿140,472 – ฿162,281
Similarly priced nearby
  • ฿27,300,000·183 m²·฿149,180/m²·2 beds
  • ฿16,990,000·114 m²·฿149,035/m²·2 beds
  • ฿16,990,000·114.6 m²·฿148,255/m²·2 beds
  • ฿16,990,000·114.6 m²·฿148,229/m²·2 beds
  • ฿16,990,000·114.6 m²·฿148,229/m²·2 beds
  • ฿16,990,000·114.6 m²·฿148,203/m²·2 beds
2 beds
  • ฿57,000/mo·114 m²·2 beds
  • ฿50,000/mo·114 m²·2 beds
  • ฿57,000/mo·114 m²·2 beds
  • ฿50,000/mo·114 m²·2 beds
  • ฿55,000/mo·114.1 m²·2 beds
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    For sale

    Source details

    Recency
    Listed on Sep 17, 2026 (1w ago)
    Developer
    Simon Decalf
    Listing flag
    Corporate
    Agency
    MCLL ASIA CO., LTD.

    Location

    Open in Google Maps
    • 203 m to BRT Sathorn
    • 314 m to BRT Arkan Songkhro
    • 502 m to BTS Saint Louis
    • 525 m to BTS Chong Nonsi
    • 837 m to BRT Technic Krungthep
    • 1.0 km to BTS Surasak

    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
    ฿115,600/m² × 114 m² = ฿13,178,400
    Treasury Department appraisal, building median (฿97,700–฿131,200/m² by floor) · Registered as: ดิ เอ็มไพร์ เพลส
    Asking price is 1.29× 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฿263,568
    Stamp duty (0.5 %)· seller฿85,000
    Withholding income tax· seller฿534,988
    You pay on top of the price฿131,784
    All-in for the buyer฿17,131,784
    Seller's taxes and fees฿751,772

    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.

    210 sale listings in a 493-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฿689,862
    Common area fee− ฿54,720
    Vacancy allowance− ฿56,701
    Letting agent fee (1 month/year)− ฿57,488
    Land & Building tax− ฿2,636
    Furnishing & maintenance allowance− ฿34,493
    Net annual income฿483,824
    Net yield
    2.8%
    2.6% – 3.2%
    vs. 4.1%% gross
    4.1%
    Total investment
    ฿17,131,784
    Price + ฿131,784 buyer's costs

    Cost of owning: ~฿4,560/mo common fee (฿40/m²/month)

    Key facts

    Price vs market
    2 % above market
    vs 97 similar units in this condo
    Net rental yield
    2.8% net yield
    4.1% gross before costs
    Buying costs
    ฿131,784
    Transfer fee & taxes, 50/50 split, cash
    Common fee
    ฿4,560/mo
    ฿40/m² per month
    Could rent for
    ฿57,488/mo
    4.1 % gross yield
    Project
    The Empire Place
    Built
    2008
    Floors
    45
    Units
    493

    Building facilities24h security · CCTV · Covered parking · Garden · Gym · Lift · Parking · Playground · Sauna · Steam room · Swimming pool

    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.

    • Sathorn
      Walk 9 min → At Sathorn
      ~9 min
    • Silom
      Walk 9 min → BTS Chong Nonsi → Silom (1 stop)
      ~14 min
    • Siam
      Walk 9 min → BTS Chong Nonsi → Siam (3 stops)
      ~18 min
    • Asok / Sukhumvit
      Walk 9 min → BTS Chong Nonsi → Asok / Sukhumvit (7 stops)
      ~26 min
    • Rama 9
      Walk 9 min → BTS Chong Nonsi → MRT Si Lom → Rama 9 (7 stops)
      ~37 min

    Flood risk:MediumNearest: ถนนสวนพลู (documented flood trouble spot) · ~703 mA BMA-documented flood-prone spot is within easy reach of this location.2 documented spots 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)

    Other units in The Empire Place

    See all 524 in project
    9
    ฿45,000,000
    3 beds · 371 m²
    For saleDDproperty
    14
    ฿16,000,000
    2 beds · 104 m²
    For saleDDproperty
    9
    ฿13,790,000
    2 beds · 99 m²
    DDproperty
    11
    ฿28,500,000
    3 beds · 183 m²
    DDproperty
    17
    ฿14,900,000
    2 beds · 108 m²
    DDproperty
    16
    ฿15,700,000
    2 beds · 107 m²
    DDproperty
    25
    ฿22,000,000
    3 beds · 135 m²
    DDproperty
    25
    ฿28,000,000
    3 beds · 183 m²
    DDproperty
    15
    ฿14,200,000
    2 beds · 99 m²
    DDproperty
    17
    ฿20,000,000
    2 beds · 108 m²
    DDproperty
    14
    ฿26,500,000
    3 beds · 183 m²
    DDproperty
    14
    ฿14,200,000
    2 beds · 106 m²
    DDproperty
    UnitBedsBathsSizeFloorPricePrice/sqmPosted
    9
    The Empire Place, bangkok
    DDproperty
    34371 m²—฿45,000,000

    Price history

    Observed atPrice
    26 Sept 2026, 20:24฿17,000,000
    ฿121,336
    29 Sept 2026
    14
    The Empire Place, bangkok
    DDproperty
    22104 m²—฿16,000,000฿153,52129 Sept 2026
    9
    The Empire Place, bangkok
    DDproperty
    2299 m²—฿13,790,000฿139,29329 Sept 2026
    11
    The Empire Place, bangkok
    DDproperty
    34183 m²—฿28,500,000฿155,73829 Sept 2026
    17
    The Empire Place, bangkok
    DDproperty
    22108 m²—฿14,900,000฿138,34729 Sept 2026
    16
    The Empire Place, bangkok
    DDproperty
    22107 m²—฿15,700,000฿146,72929 Sept 2026
    25
    The Empire Place, bangkok
    DDproperty
    33135 m²—฿22,000,000฿162,96328 Sept 2026
    25
    The Empire Place, bangkok
    DDproperty
    34183 m²—฿28,000,000฿153,00528 Sept 2026
    15
    The Empire Place, bangkok
    DDproperty
    2299 m²—฿14,200,000฿143,43428 Sept 2026
    17
    The Empire Place, bangkok
    DDproperty
    22108 m²—฿20,000,000฿185,18528 Sept 2026
    14
    The Empire Place, bangkok
    DDproperty
    34183 m²—฿26,500,000฿144,80928 Sept 2026
    14
    The Empire Place, bangkok
    DDproperty
    22106 m²—฿14,200,000฿133,96228 Sept 2026
    For sale
    For sale
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    For sale
    For sale
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    For sale
    For sale
    For sale
    For sale
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    For sale
    For sale
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    For sale
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    For sale
    For sale

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