🏢

Under construction

AP ThaiCondominium🚉 MRT Rama 9 🚆 MRT Blue Line

Life Ratchada - Rama 9

LIFE รัชดา - พระราม 9

Ratchadaphisek Road near MRT Rama 9, Din Daeng, Bangkok · Ratchada

Starting from

฿3.89M

28-60 sqm

2028

✦ 851 units, 28-60 sqm, from ฿3.89M
✦ 750 m to MRT Rama 9 (Blue Line)
✦ 650 m to Central Rama 9

Unit types

1BR1BR Plus2BR

Construction progress

20%

Expected completion 2028

Starting from

฿3.89M

Est. rent: ฿16K–฿20K/month

Unit sizes

28-60 sqm

Price / sqm

฿139K

Total units

851

Floors

Completion

2028

District

Ratchada

Status

Under construction

🔥 Value analysis

25% below area median

This project (per sqm)฿139K

Area median (per sqm)฿185K

Based on 36 comparable Condominium projects within 5 km.

Official land value here

฿75K per sq.wah

≈ ฿19K per m² of land

District median (Ratchada)฿58K

Pricier land than 81% of tracked locations

Official zone appraisal by the Treasury Department (2023-2026 cycle), median of 271 land parcels within 150 m of the project pin. Land value, not unit price; government appraisals typically sit below open-market prices.

What the city plan allows here

High-density residentialY9-14

Floor area ratio (FAR)7

A plot in this zone may hold 7 times its own area in floor space.

Open space required4.5%

The 2026 draft plan proposes C7-1, FAR 8. Draft only, not in force.

Bangkok comprehensive plan, the 2013 regulation in force. These are zone rules, not plot rules: setbacks, road width and the project's own EIA conditions apply on top.

Around the address

115 amenities mapped within 800 m

Cafés & restaurants 69Convenience 21Markets 4Pharmacies 4Gyms 4

Nearest flood point the city monitors: 244 m away. 4 monitored points sit within 1.5 km.

Amenities from OpenStreetMap. Flood points are road locations the BMA drainage department monitors, not a risk rating for this building.

View on AP Thai website ↗

🤖 AI investment score & projected yield

64See the full analysis below ↓

AI Investment Insights

/100

Investment score

Location7/10

Value6/10

Developer8/10

Transit7/10

Est. gross rental yield: 4.8–6.2% per yearGrowth outlook: ModerateSuits: Rental investor · Own-stay buyer

Life Ratchada - Rama 9 offers solid transit access and location fundamentals in a resilient mid-town district, but the long construction timeline and large unit count temper the near-term investment case. It suits rental and own-stay buyers comfortable with pre-completion risk through 2028.

Strengths

750m to MRT Rama 9 and close to Central Rama 9 mall, keeping strong rental demand from the entertainment/office district
AP Thai is a SET-listed developer with a solid track record on transit-oriented condos
Small unit mix (28-60 sqm) suits both young professionals and rental investors seeking manageable ticket sizes
Entry price of ฿3.89M is accessible relative to Ratchada's established mid-town positioning

Watch out for

Long completion timeline to 2028 with construction only ~20% complete raises delivery-risk exposure
Large scale of 851 units may create supply competition at resale/rental within the same project
Price per sqm (~฿138,900) is at the higher end for Ratchada's mid-town positioning, limiting upside for value buyers

AI analysis · claude-sonnet-5 · September 29, 2026 · AI-generated analysis based on public data. Not investment advice, verify with the developer before deciding.

🧮 True-cost & yield calculator

For foreign buyers paying cash. Adjust any assumption, estimates only.

✨ Prefilled from this project's AI analysis

Purchase price (฿)Unit size (sqm)Furniture budget (฿)FX transfer cost (%)Sinking fund (฿/sqm)Common fee (฿/sqm/mo)Common fee prepaid (months)Gross rental yield (%)Occupancy (%)Management fee (%)Effective rental tax (%)Annual price growth (%)

Developer splits the 2% transfer fee 50/50

Tax is simplified, confirm with a tax adviser.

Total acquisition cost

฿4M

Purchase price฿3.89M

Transfer fee฿39K

Sinking fund฿17K

Common fee prepay฿20K

Furniture฿0

FX transfer cost฿29K

Net annual rental income

฿138K