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Data last updated 28 Sept 2026, 18:47.

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DDproperty

The Address Phaya ThaiAll units in this condo →

Ratchathewi, Thung Phaya Thai · Google Maps
฿8,900,000฿145,902 / m²Above market31+ days listed
2 beds1 bath
฿8,900,000
฿145,902 / 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

Above market

15% above the median price/m² of 18 comparable listings in this condo.

This listing
฿8,900,000
61 m² · ฿145,902/m²
At the median for 61 m²
฿7,722,726
฿1,177,274 more than the median
Typical range for this size
฿7,619,637 – ฿9,024,788
Comparables' median asking price: ฿9,250,000

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

Based on 24 rentals in this condo: median ฿500/m² per month × 61 m².

Estimated rent
฿30,499/mo
฿28,824 – ฿35,124/mo
Gross yield
4.1%
3.9% – 4.7%
Median rent of comparables
฿31,000/mo
24 rentals, any size
Rentals of similar size
  • ฿36,000/mo·61 m²·2 beds
More details

Address

Subdistrict
Thung Phaya Thai
Address
489 Sri Ayudhaya Road, Thung Phaya Thai, Ratchathewi, Bangkok
Nearest transit
540 m (6 min) from N2 Phaya Thai BTS
Coordinates
13.75950, 100.53169

Listing history

Listing ID
DDproperty #60079073
Posted at
28 Aug 2026
First seen
26 Sept 2026, 20:26
Last seen
26 Sept 2026, 20:26
Raw JSON
61 m²
Condo
฿8,900,000
Above market
฿145,902 / m²
DDpropertyFor sale
View on DDproperty
Listed by
Songwuth Laophadungveth
Songwuth Laophadungveth✓
Global Estate Link Co.,Ltd.
Agent pageContact on DDproperty ↗
Listed by
Songwuth Laophadungveth
Songwuth Laophadungveth✓
Global Estate Link Co.,Ltd.
Agent pageContact on DDproperty ↗
This listing ฿145,902Median ฿126,602฿124,912 – ฿147,947
Similarly priced nearby
  • ฿9,500,000·65 m²·฿146,154/m²·2 beds
  • ฿9,700,000·65.3 m²·฿148,545/m²·2 beds
  • ฿9,700,000·65.3 m²·฿148,545/m²·2 beds
  • ฿9,000,000·65 m²·฿138,462/m²·2 beds
  • ฿10,200,000·65.3 m²·฿156,202/m²·2 beds
  • ฿9,690,000·61 m²·฿158,852/m²·2 beds
  • ฿30,000/mo·61 m²·2 beds
  • ฿30,000/mo·61 m²·2 beds
  • ฿32,000/mo·61 m²·2 beds
  • ฿40,000/mo·61 m²·2 beds
  • ฿28,000/mo·61 m²·2 beds
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    1. Home
    2. For sale
    3. Ratchathewi
    4. The Address Phaya Thai
    5. The Address Phaya Thai, bangkok
    For sale

    Source details

    Recency
    Listed on Aug 28, 2026 (4w ago)
    Developer
    Songwuth Laophadungveth
    Agency
    Global Estate Link Co.,Ltd.

    Location

    Open in Google Maps
    • 363 m to BTS Phaya Thai
    • 482 m to ARL Phaya Thai
    • 654 m to MRT Ratchathewi
    • 683 m to BTS Victory Monument
    • 842 m to BTS Ratchathewi

    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
    ฿120,500/m² × 61 m² = ฿7,350,500
    Treasury Department appraisal, building median (฿104,700–฿132,600/m² by floor) · Registered as: ดิ แอดเดรส พญาไท
    Asking price is 1.21× 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฿147,010
    Stamp duty (0.5 %)· seller฿44,500
    Withholding income tax· seller฿185,901
    You pay on top of the price฿73,505
    All-in for the buyer฿8,973,505
    Seller's taxes and fees฿303,906

    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.

    20 sale listings in a 152-unit building

    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฿365,993
    Common area fee− ฿29,280
    Vacancy allowance− ฿30,082
    Letting agent fee (1 month/year)− ฿30,499
    Land & Building tax− ฿1,470
    Furnishing & maintenance allowance− ฿18,300
    Net annual income฿256,362
    Net yield
    2.9%
    2.7% – 3.3%
    vs. 4.1%% gross
    4.1%
    Total investment
    ฿8,973,505
    Price + ฿73,505 buyer's costs

    Cost of owning: ~฿2,440/mo common fee (฿40/m²/month)

    Key facts

    Price vs market
    15 % above market
    vs 18 similar units in this condo
    Net rental yield
    2.9% net yield
    4.1% gross before costs
    Buying costs
    ฿73,505
    Transfer fee & taxes, 50/50 split, cash
    Common fee
    ฿2,440/mo
    Estimated, ~฿40/m² per month
    Could rent for
    ฿30,499/mo
    4.1 % gross yield
    Project
    The Address Phaya Thai
    Built
    2011
    Floors
    35
    Units
    152
    Developer
    AP

    Building facilities24h security · CCTV · Garden · Gym · Keycard access · Lift · Parking · Sauna · 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.

    • Siam
      Walk 6 min → BTS Phaya Thai → Siam (2 stops)
      ~13 min
    • Silom
      Walk 6 min → BTS Phaya Thai → Silom (4 stops)
      ~17 min
    • Sathorn
      Walk 6 min → BTS Phaya Thai → Sathorn (5 stops)
      ~19 min
    • Asok / Sukhumvit
      Walk 6 min → BTS Phaya Thai → Asok / Sukhumvit (6 stops)
      ~21 min
    • Rama 9
      Walk 8 min → ARL Phaya Thai → MRT Phetchaburi → Rama 9 (3 stops)
      ~32 min

    Flood risk:HighNearest: ถนนศรีอยุธยา บริเวณหน้า สน.พญาไท (flood-prone road segment) · ~43 mThis location is right next to a spot BMA has documented as flood-prone or flood-watch.2 documented spots within 300 m5 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)

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    Price history

    Observed atPrice
    26 Sept 2026, 20:26฿8,900,000
    ฿148,545
    22 Sept 2026
    17
    The Address Phaya Thai, bangkok
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    		2164 m²—฿8,000,000฿125,03920 Sept 2026
    8
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    		2164 m²—฿8,200,000฿128,16516 Sept 2026
    10
    The Address Phaya Thai, bangkok
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    		2164 m²—฿8,000,000฿125,03911 Sept 2026
    26
    The Address Phaya Thai, bangkok
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    		22102 m²—฿11,500,000฿112,74531 Aug 2026
    24
    The Address Phaya Thai, bangkok
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    		2164 m²—฿7,990,000฿124,88327 Aug 2026
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    		2164 m²19฿7,990,000฿124,88327 Aug 2026
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    		2165 m²—฿9,000,000฿138,46226 Aug 2026
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    		2264 m²18฿8,000,000฿125,0007 Aug 2026
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    		2161 m²15฿9,690,000฿158,85230 Jun 2026
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    		2161 m²11฿9,690,000฿158,8522 Jun 2026
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    Stations under construction nearbyExpected opening as last announced by the operator; these dates often slip. Source
    • Orange Line coming to Ratchathewi (expected ~2030) · 654 m

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