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Data last updated 29 Sept 2026, 01:44.

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  4. Chewathai Ratchaprarop
  5. Chewathai Ratchaprarop, bangkok
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DDproperty

Chewathai RatchapraropAll units in this condo →

Ratchathewi, Makkasan · Google Maps
฿3,499,000฿99,971 / m²Fair price19+ days listed
1 bed1 bath
฿3,499,000
฿99,971 / 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

1% above the median price/m² of 8 comparable listings in this condo.

This listing
฿3,499,000
35 m² · ฿99,971/m²
At the median for 35 m²
฿3,450,000
฿49,000 more than the median
Typical range for this size
฿3,286,000 – ฿3,500,000
Comparables' median asking price: ฿3,450,000

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

Based on 14 rentals in this condo: median ฿406/m² per month × 35 m².

Estimated rent
฿14,206/mo
฿13,556 – ฿15,000/mo
Gross yield
4.9%
4.6% – 5.1%
Median rent of comparables
฿13,750/mo
14 rentals, any size
Rentals of similar size
  • ฿14,999/mo·35 m²·1 bed
More details

Address

Subdistrict
Makkasan
Address
51 Rajaprarop Road, Makkasan, Ratchathewi, Bangkok
Nearest transit
210 m (3 min) from OR10 Rang Nam MRT
Coordinates
13.76158, 100.54255

Listing history

Listing ID
DDproperty #500061412
Posted at
9 Sept 2026
First seen
26 Sept 2026, 20:25
Last seen
26 Sept 2026, 20:25
Raw JSON
35 m²
Condo
฿3,499,000
Fair price
฿99,971 / m²
DDpropertyFor sale
View on DDproperty
Listed by
Khun Bank
Khun Bank
FREELANCE REAL ESTATE AGENT (TH)
Agent pageContact on DDproperty ↗
Listed by
Khun Bank
Khun Bank
FREELANCE REAL ESTATE AGENT (TH)
Agent pageContact on DDproperty ↗
This listing ฿99,971Median ฿98,571฿93,886 – ฿100,000
Similarly priced nearby
  • ฿3,500,000·35 m²·฿100,000/m²·1 bed
  • ฿3,500,000·35 m²·฿100,000/m²·1 bed
  • ฿3,500,000·35 m²·฿100,000/m²·1 bed
  • ฿3,400,000·35 m²·฿97,143/m²·1 bed
  • ฿3,500,000·33.9 m²·฿103,123/m²·1 bed
  • ฿3,286,000·35 m²·฿93,886/m²·1 bed
  • ฿13,499/mo·35 m²·1 bed
  • ฿15,000/mo·35 m²·1 bed
  • ฿18,000/mo·35 m²·1 bed
  • ฿15,000/mo·35 m²·1 bed
  • ฿18,000/mo·35 m²·1 bed
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    For sale

    Source details

    Recency
    Listed on Sep 09, 2026 (2w ago)
    Developer
    Khun Bank
    Agency
    FREELANCE REAL ESTATE AGENT (TH)

    Location

    Open in Google Maps
    • 500 m to MRT Ratchaprarop
    • 608 m to BTS Victory Monument
    • 720 m to ARL Ratchaprarop
    • 972 m to ARL Phaya Thai
    • 1.1 km to BTS Phaya Thai
    • 1.2 km to BTS Sanam Pao

    49 sale listings in a 329-unit building

    Flood risk:HighNearest: ถนนราชปรารภ จากประตูน้ำ ถึงแยกดินแดง (flood-prone road segment) · ~21 mThis location is right next to a spot BMA has documented as flood-prone or flood-watch.1 documented spot within 300 m3 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)

    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
    ฿77,600/m² × 35 m² = ฿2,716,000
    Treasury Department appraisal, building median (฿73,100–฿89,100/m² by floor) · Registered as: ชีวาทัย ราชปรารภ
    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 (0.01 % relief)· split฿272
    Stamp duty (0.5 %)· seller฿17,495
    Withholding income tax· seller฿47,530
    You pay on top of the price฿136
    All-in for the buyer฿3,499,136
    Seller's taxes and fees฿65,161

    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.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฿170,470
    Common area fee− ฿14,700
    Vacancy allowance− ฿14,011
    Letting agent fee (1 month/year)− ฿14,206
    Land & Building tax− ฿543
    Furnishing & maintenance allowance− ฿8,523
    Net annual income฿118,486
    Net yield
    3.4%
    3.2% – 3.6%
    vs. 4.9%% gross
    4.9%
    Total investment
    ฿3,499,136
    Price + ฿136 buyer's costs

    Cost of owning: ~฿1,225/mo common fee (฿35/m²/month)

    Key facts

    Price vs market
    1 % above market
    vs 8 similar units in this condo
    Net rental yield
    3.4% net yield
    4.9% gross before costs
    Buying costs
    ฿136
    Thai buyer (fee relief); foreign buyer ฿27,160
    Common fee
    ฿1,225/mo
    ฿35/m² per month
    Could rent for
    ฿14,206/mo
    4.9 % gross yield
    Project
    Chewathai Ratchaprarop
    Built
    2010
    Floors
    26
    Units
    329
    Developer
    CHEWATHAI

    Building facilities24h security · CCTV · Garden · Gym · Keycard access · Lift · Parking · 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 10 min → BTS Victory Monument → Siam (3 stops)
      ~19 min
    • Silom
      Walk 10 min → BTS Victory Monument → Silom (5 stops)
      ~23 min
    • Sathorn
      Walk 10 min → BTS Victory Monument → Sathorn (6 stops)
      ~25 min
    • Asok / Sukhumvit
      Walk 10 min → BTS Victory Monument → Asok / Sukhumvit (7 stops)
      ~27 min
    • Rama 9
      Walk 12 min → ARL Ratchaprarop → MRT Phetchaburi → Rama 9 (2 stops)
      ~32 min

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    DDproperty
    UnitBedsBathsSizeFloorPricePrice/sqmPosted
    17
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    ฿103,123
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    11
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    5346 m²—฿4,700,000฿102,17428 Sept 2026
    27
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    2260 m²—฿6,100,000฿102,31528 Sept 2026
    15
    Chewathai Ratchaprarop, bangkok
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    1135 m²—฿3,286,000฿93,88628 Sept 2026
    10
    Chewathai Ratchaprarop, bangkok
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    2272 m²—฿5,999,000฿83,31928 Sept 2026
    27
    Chewathai Ratchaprarop, bangkok
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    2146 m²—฿4,500,000฿97,82628 Sept 2026
    16
    Chewathai Ratchaprarop, bangkok
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    2260 m²—฿5,200,000฿87,21928 Sept 2026
    20
    Chewathai Ratchaprarop, bangkok
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    2156 m²—฿5,500,000฿98,32027 Sept 2026
    14
    Chewathai Ratchaprarop, bangkok
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    2260 m²—฿5,200,000฿87,21926 Sept 2026
    18
    Chewathai Ratchaprarop, bangkok
    DDproperty
    2260 m²—฿5,200,000฿86,66725 Sept 2026
    19
    Chewathai Ratchaprarop, bangkok
    DDproperty
    2155 m²—฿5,290,000฿96,18224 Sept 2026
    30
    Chewathai Ratchaprarop, bangkok
    DDproperty
    2272 m²—฿5,890,000฿81,66923 Sept 2026
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    Price history

    Observed atPrice
    26 Sept 2026, 20:25฿3,499,000
    Stations under construction nearbyExpected opening as last announced by the operator; these dates often slip. Source
    • Orange Line coming to Ratchaprarop (expected ~2030) · 500 m

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