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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
฿24,000,000฿206,897 / m²Fair price28+ days listed
2 beds2 baths
฿24,000,000
฿206,897 / 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 35 comparable listings in this condo.

This listing
฿24,000,000
116 m² · ฿206,897/m²
At the median for 116 m²
฿22,997,621
฿1,002,379 more than the median
Typical range for this size
฿21,481,482 – ฿25,200,800
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 × 116 m².

Estimated rent
฿69,600/mo
฿60,733 – ฿75,652/mo
Gross yield
3.5%
3.0% – 3.8%
Median rent of comparables
฿78,000/mo
165 rentals, any size
Rentals of similar size
  • ฿65,000/mo·116 m²·2 beds
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 #60020252
Posted at
31 Aug 2026
First seen
26 Sept 2026, 20:26
Last seen
26 Sept 2026, 20:26
Raw JSON
116 m²
Condo
฿24,000,000
Fair price
฿206,897 / m²
DDproperty
View on DDproperty
Listed by
James RR.
James RR.
FREELANCE REAL ESTATE AGENT (TH)
Agent pageContact on DDproperty ↗
Listed by
James RR.
James RR.
FREELANCE REAL ESTATE AGENT (TH)
Agent pageContact on DDproperty ↗
This listing ฿206,897Median ฿198,255฿185,185 – ฿217,248
Similarly priced nearby
  • ฿25,750,000·125 m²·฿206,000/m²·2 beds
  • ฿25,000,000·120 m²·฿208,333/m²·2 beds
  • ฿33,000,000·163 m²·฿202,454/m²·2 beds
  • ฿32,500,000·152.3 m²·฿213,395/m²·2 beds
  • ฿30,000,000·150.2 m²·฿199,774/m²·2 beds
  • ฿24,900,000·125 m²·฿199,200/m²·2 beds
  • ฿65,000/mo·116 m²·2 beds
  • ฿72,000/mo·116 m²·2 beds
  • ฿70,000/mo·116 m²·2 beds
  • ฿72,000/mo·116 m²·2 beds
  • ฿85,000/mo·115.5 m²·2 beds
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    For sale

    Source details

    Recency
    Listed on Aug 31, 2026 (3w ago)
    Developer
    James RR.
    Agency
    FREELANCE REAL ESTATE AGENT (TH)
    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 × 116 m² = ฿13,920,000
    Treasury Department appraisal, building median (฿104,300–฿132,100/m² by floor) · Registered as: เดอะ เมดิสัน
    Asking price is 1.72× 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฿278,400
    Stamp duty (0.5 %)· seller฿120,000
    Withholding income tax· seller฿586,900
    You pay on top of the price฿139,200
    All-in for the buyer฿24,139,200
    Seller's taxes and fees฿846,100

    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.

    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฿835,200
    Common area fee− ฿55,680
    Vacancy allowance− ฿68,647
    Letting agent fee (1 month/year)− ฿69,600
    Land & Building tax− ฿2,784
    Furnishing & maintenance allowance− ฿41,760
    Net annual income฿596,729
    Net yield
    2.5%
    2.1% – 2.7%
    vs. 3.5%% gross
    3.5%
    Total investment
    ฿24,139,200
    Price + ฿139,200 buyer's costs

    Cost of owning: ~฿4,640/mo common fee (฿40/m²/month)

    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
  • 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

    Key facts

    Price vs market
    4 % above market
    vs 35 similar units in this condo
    Net rental yield
    2.5% net yield
    3.5% gross before costs
    Buying costs
    ฿139,200
    Transfer fee & taxes, 50/50 split, cash
    Common fee
    ฿4,640/mo
    ฿40/m² per month
    Could rent for
    ฿69,600/mo
    3.5 % 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

    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)

    Price history

    Observed atPrice
    26 Sept 2026, 20:26฿24,000,000

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    The Madison, bangkok
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    23162 m²—฿30,000,000฿185,18524 Sept 2026
    32
    The Madison, bangkok
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    33160 m²—฿44,800,000฿280,00024 Sept 2026
    48
    The Madison, bangkok
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    44614 m²—฿220,000,000฿358,30624 Sept 2026
    27
    The Madison, bangkok
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    22115 m²—฿26,000,000฿226,08724 Sept 2026
    25
    The Madison, bangkok
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    33187 m²—฿43,900,000฿234,75924 Sept 2026
    13
    The Madison, bangkok
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    33140 m²—฿32,600,000฿232,85724 Sept 2026
    12
    The Madison, bangkok
    DDproperty
    34140 m²—฿32,500,000฿232,14323 Sept 2026
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