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Data last updated 28 Sept 2026, 18:47.

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  4. The Tropical Condo
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DDproperty

The Tropical CondoAll units in this condo →

Suan Luang, Suan Luang · Google Maps
฿1,697,000฿54,742 / m²Fair price20+ days listed
1 bed1 bath
฿1,697,000
฿54,742 / 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

4% above the median price/m² of 20 comparable listings in this condo.

This listing
฿1,697,000
31 m² · ฿54,742/m²
At the median for 31 m²
฿1,629,614
฿67,386 more than the median
Typical range for this size
฿1,566,967 – ฿1,713,025
Comparables' median asking price: ฿1,695,000

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

Based on 3441 rentals in Suan Luang: median ฿514/m² per month × 31 m².

Estimated rent
฿15,943/mo
฿13,500 – ฿19,191/mo
Gross yield
11.3%
9.5% – 13.6%
Median rent of comparables
฿16,000/mo
3441 rentals, any size
Rentals of similar size
  • ฿15,000/mo·31 m²·
More details

Address

Subdistrict
Suan Luang
Address
54 On Nut 12 Alley, Suan Luang, Bangkok
Coordinates
13.70834, 100.60999 (approx.)

Listing history

Listing ID
DDproperty #500532491
Posted at
8 Sept 2026
First seen
26 Sept 2026, 20:25
Last seen
26 Sept 2026, 20:25
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31 m²
Condo
฿1,697,000
Fair price
฿54,742 / m²
DDproperty
View on DDproperty
Listed by
Connex Property
Connex Property✓
Agent pageContact on DDproperty ↗
Listed by
Connex Property
Connex Property✓
Agent pageContact on DDproperty ↗
This listing ฿54,742Median ฿52,568฿50,547 – ฿55,259
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1 bed
  • ฿19,000/mo·31 m²·1 bed
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  • For sale

    Source details

    Recency
    Listed on Sep 08, 2026 (2w ago)
    Developer
    Connex Property
    Listing flag
    Corporate
    Agency
    Connex Property
    For sale

    LocationApproximate: this source doesn't publish coordinates, so this is The Tropical Condo's location taken from other listings.

    Open in Google Maps
    • 1.0 km to BTS On Nut
    • 1.4 km to BTS Bang Chak

    22 sale listings in a 72-unit building

    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 17 min → BTS On Nut → Asok / Sukhumvit (5 stops)
      ~30 min
    • Siam
      Walk 17 min → BTS On Nut → Siam (9 stops)
      ~38 min
    • Silom
      Walk 17 min → BTS On Nut → Silom (11 stops)
      ~42 min
    • Rama 9
      Walk 17 min → BTS On Nut → MRT Sukhumvit → Rama 9 (7 stops)
      ~42 min
    • Sathorn
      Walk 17 min → BTS On Nut → Sathorn (12 stops)
      ~44 min

    Flood risk:LowNo BMA-documented flood-prone spot was found within 800 m of this location.Position 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 Tropical Condo

    See all 23 in project

    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
    ฿38,300/m² × 31 m² = ฿1,187,300
    Treasury Department appraisal, building median (฿37,500–฿39,400/m² by floor) · Registered as: เดอะ ทรอปิคอล
    Asking price is 1.43× the official appraisal
    Valid until 31 Dec 2026 (the next appraisal cycle starts in 2027). Source: Treasury Department (assessprice.treasury.go.th)
    Transfer fee (0.01 % relief)· split฿119
    Stamp duty (0.5 %)· seller฿8,485
    Withholding income tax· seller฿20,778
    You pay on top of the price฿59
    All-in for the buyer฿1,697,059
    Seller's taxes and fees฿29,322

    Relief applies: 0.01 % transfer and mortgage fees for Thai buyers when price and appraisal are ≤ ฿7M (until 30 Jun 2027).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.

    Net rental yieldWhat's left after the recurring costs of actually letting this unit out, on top of the rental estimate above.No fee reported for this project: estimated from similar buildings nearby.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฿191,316
    Common area fee− ฿10,416
    Vacancy allowance− ฿15,725
    Letting agent fee (1 month/year)− ฿15,943
    Land & Building tax− ฿237
    Furnishing & maintenance allowance− ฿9,566
    Net annual income฿139,429
    Net yield
    8.2%
    6.9% – 10.0%
    vs. 11.3%% gross
    11.3%
    Total investment
    ฿1,697,059
    Price + ฿59 buyer's costs

    Cost of owning: ~฿868/mo common fee (฿28/m²/month)

    Key facts

    Price vs market
    4 % above market
    vs 20 similar units in this condo
    Net rental yield
    8.2% net yield
    11.3% gross before costs
    Buying costs
    ฿59
    Thai buyer (fee relief); foreign buyer ฿11,873
    Common fee
    ฿868/mo
    Estimated, ~฿28/m² per month
    Could rent for
    ฿15,943/mo
    11.3 % gross yield
    Project
    The Tropical Condo
    Built
    2010
    Floors
    7
    Units
    72
    15
    ฿1,550,000
    1 bed · 27 m²
    For saleDDproperty
    39
    ฿1,697,000
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    For saleDDproperty
    41
    ฿1,699,000
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    10
    ฿1,590,000
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    42
    ฿1,699,000
    1 bed · 32 m²
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    5
    ฿1,890,000
    1 bed · 39 m²
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    17
    ฿1,299,000
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    17
    ฿1,690,000
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    5
    ฿1,699,000
    1 bed · 31 m² · Floor 7
    PropertyHubPropertyScout
    ฿1,699,000
    1 bed · 32 m² · Floor 4
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    PropertyHubPropertyScout
    ฿1,850,000
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    PropertyHubPropertyScout
    UnitBedsBathsSizeFloorPricePrice/sqmPosted
    15
    The Tropical Condo, bangkok
    DDproperty
    1127 m²—฿1,550,000
    ฿57,386
    26 Sept 2026
    39
    The Tropical Condo, bangkok
    DDproperty
    1131 m²—฿1,697,000฿55,25923 Sept 2026
    41
    The Tropical Condo, bangkok
    DDproperty
    1131 m²—฿1,699,000฿54,07423 Sept 2026
    10
    The Tropical Condo, bangkok
    DDproperty
    1131 m²—฿1,590,000฿51,29023 Sept 2026
    42
    The Tropical Condo, bangkok
    DDproperty
    1132 m²—฿1,699,000฿52,48723 Sept 2026
    5
    The Tropical Condo, bangkok
    DDproperty
    1139 m²—฿1,890,000฿48,46221 Sept 2026
    17
    The Tropical Condo, bangkok
    DDproperty
    1127 m²—฿1,299,000฿48,11116 Sept 2026
    17
    The Tropical Condo, bangkok
    DDproperty
    1132 m²—฿1,690,000฿52,8138 Sept 2026
    5
    คอนโด 1-ห้องนอน ใกล้ BTS อ่อนนุช
    PropertyHubPropertyScout×2
    Fully furnished
    1131 m²7฿1,699,000฿54,0741 Sept 2026
    For Sale: The Tropical Condominium, Sukhumvit 77 – Near BTS On Nut
    PropertyHub
    1132 m²4฿1,699,000฿52,65025 Aug 2026
    🔥ขาย คอนโด  The Tropical Condominium เดอะ ทรอปิคอล คอนโดมิเนียม  ทำเลอ่อนนุช 12 ใกล้ BTS อ่อนนุช และทางด่วน ✅วิวดี พร้อมอยู่
    PropertyHubPropertyScout×4
    1131 m²7฿1,697,000฿55,25912 Aug 2026
    🔥ขาย คอนโด The Tropical Condominium เดอะ ทรอปิคอล คอนโดมิเนียม  ทำเลอ่อนนุช 12 ใกล้ BTS อ่อนนุช และทางด่วน  ✅ พร้อมอยู่
    PropertyHubPropertyScout×3
    1132 m²3฿1,850,000฿57,15231 Jul 2026
    For sale
    For sale
    For sale
    For sale
    For sale
    For sale
    For sale
    For sale
    For sale
    For sale
    For sale
    For sale
    For sale
    For sale
    For sale
    For sale
    For sale
    For sale
    For sale
    For sale
    For sale
    For sale

    5 similar listingsSame project, beds, size and price, but the floor differs or is unknown — might be a different unit.

    ListingFloorAgentPostedPrice
    DDpropertyThe Tropical Condo, bangkok↗
    —Admin23 Sept 2026฿1,697,000
    PropertyHub🔥ขาย คอนโด  The Tropical Condominium เดอะ ทรอปิคอล คอนโดมิเนียม  ทำเลอ่อนนุช 12 ใกล้ BTS อ่อนนุช และทางด่วน ✅วิวดี พร้อมอยู่↗
    7—12 Aug 2026฿1,697,000
    PropertyScoutคอนโด 1-ห้องนอน ที่ เดอะ ทรอปิคอล (อ่อนนุช 12) คอนโดมิเนียม ใกล้ BTS อ่อนนุช↗
    7agent30 Jul 2026฿1,697,000
    PropertyScoutคอนโด 1-ห้องนอน ที่ เดอะ ทรอปิคอล (อ่อนนุช 12) คอนโดมิเนียม ใกล้ BTS อ่อนนุช↗
    7agent24 Jul 2026฿1,697,000
    PropertyHubThe Tropical Condominium North-Facing Unit Near BTS On Nut↗
    7—24 Jul 2026฿1,697,000

    Price history

    Observed atPrice
    26 Sept 2026, 20:25฿1,697,000

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