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Data last updated 28 Sept 2026, 18:09.

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  3. Ratchathewi
  4. Chewathai Ratchaprarop
  5. Chewathai Ratchaprarop, bangkok
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DDproperty

Chewathai RatchapraropAll units in this condo →

Ratchathewi, Makkasan · Google Maps
฿4,149,000฿92,200 / m²Fair price19+ days listed
2 beds1 bath
฿4,149,000
฿92,200 / 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

6% above the median price/m² of 36 comparable listings in this condo.

This listing
฿4,149,000
45 m² · ฿92,200/m²
At the median for 45 m²
฿3,912,429
฿236,571 more than the median
Typical range for this size
฿3,749,844 – ฿4,328,182
Comparables' median asking price: ฿5,200,000

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

Based on 43 rentals in this condo: median ฿394/m² per month × 45 m².

Estimated rent
฿17,719/mo
฿16,071 – ฿18,818/mo
Gross yield
5.1%
4.6% – 5.4%
Median rent of comparables
฿20,000/mo
43 rentals, any size
Rentals of similar size
  • ฿19,999/mo·45 m²·2 beds
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 #500061430
Posted at
9 Sept 2026
First seen
26 Sept 2026, 20:25
Last seen
26 Sept 2026, 20:25
Raw JSON
45 m²
Condo
฿4,149,000
Fair price
฿92,200 / 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 ฿92,200Median ฿86,943฿83,330 – ฿96,182
Similarly priced nearby
  • ฿4,300,000·46 m²·฿93,478/m²·2 beds
  • ฿4,300,000·46 m²·฿93,478/m²·2 beds
  • ฿5,000,000·55 m²·฿90,909/m²·2 beds
  • ฿6,500,000·72 m²·฿90,278/m²·2 beds
  • ฿5,699,000·60 m²·฿94,983/m²·2 beds
  • ฿5,290,000·55 m²·฿96,182/m²·2 beds
  • ฿19,999/mo·45 m²·2 beds
  • ฿18,000/mo·46 m²·2 beds
  • ฿20,000/mo·46 m²·2 beds
  • ฿20,000/mo·46 m²·2 beds
  • ฿20,000/mo·46 m²·2 beds
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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

    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

    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)

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    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

    Price history

    Observed atPrice
    26 Sept 2026, 20:25฿4,149,000

    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 × 45 m² = ฿3,492,000
    Treasury Department appraisal, building median (฿73,100–฿89,100/m² by floor) · Registered as: ชีวาทัย ราชปรารภ
    Asking price is 1.19× 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฿349
    Stamp duty (0.5 %)· seller฿20,745
    Withholding income tax· seller฿61,110
    You pay on top of the price฿175
    All-in for the buyer฿4,149,175
    Seller's taxes and fees฿82,030

    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฿212,625
    Common area fee− ฿18,900
    Vacancy allowance− ฿17,476
    Letting agent fee (1 month/year)− ฿17,719
    Land & Building tax− ฿698
    Furnishing & maintenance allowance− ฿10,631
    Net annual income฿147,201
    Net yield
    3.5%
    3.2% – 3.8%
    vs. 5.1%% gross
    5.1%
    Total investment
    ฿4,149,175
    Price + ฿175 buyer's costs

    Cost of owning: ~฿1,575/mo common fee (฿35/m²/month)

    Key facts

    Price vs market
    6 % above market
    vs 36 similar units in this condo
    Net rental yield
    3.5% net yield
    5.1% gross before costs
    Buying costs
    ฿175
    Thai buyer (fee relief); foreign buyer ฿34,920
    Common fee
    ฿1,575/mo
    ฿35/m² per month
    Could rent for
    ฿17,719/mo
    5.1 % 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

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