Under constructionLife 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
Construction progress
20%
Expected completion 2028
Official land value here
฿75K per sq.wah
≈ ฿19K per m² of land
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
A plot in this zone may hold 7 times its own area in floor space.
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
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.
AI Investment Insights
64
/100
Investment score
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 · October 12, 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.
Tax is simplified, confirm with a tax adviser.
Total acquisition cost
฿4M
Net annual rental income
฿138K
Net yield
3.4%
Payment schedule
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All figures are estimates from adjustable assumptions, not investment advice. Verify every cost with the developer and independent advisers.
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