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Kave PlaygroundUnder construction
AssetWiseCondominium

Kave Playground

เคฟ เพลย์กราวด์ ลาดพร้าว-บดินทรเดชา

Soi Ramkhamhaeng 43/1, Phlapphla, Wang Thong Lang, Bangkok · Wang Thonglang

Starting from

฿2.39M

21-34 sqm

2026

  • ✦ 8-floor, 11-building condominium (plus a separate parking/recreation block), 515 units total
  • ✦ EIA approved and building permit issued; construction started April 2025
  • ✦ Expected completion December 2026

Unit types

Studio1BR1BR Extra1BR Plus

Facilities

Battel Strategy AreaCook’s Haven StudioBook AdventureOnline Battle RoomOutside the Box SeatPoolPulse Gym & FitnessSky Playscape (9th Outdoor)

Official land value here

฿43K per sq.wah

≈ ฿11K per m² of land

District median (Wang Thonglang)฿43K

Pricier land than 62% of tracked locations

Official zone appraisal by the Treasury Department (2023-2026 cycle), median of 64 land parcels within 150 m of the project pin. Land value, not unit price; government appraisals typically sit below open-market prices.

The public record

EIA approved December 4, 2024

Recorded statusPermitted, under construction
Filed byไวส์ เอสเตท 19 จำกัด

From Thailand's national environmental assessment register (ONEP). An approval is not a promise the project gets built, and a project without a record here may simply have filed under a subsidiary name.

Check the filing at ONEP →

What the city plan allows here

Low-density residentialY4-31

Floor area ratio (FAR)3

A plot in this zone may hold 3 times its own area in floor space.

Open space required10%

The 2026 draft plan proposes Y7-17, FAR 4. 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

11 amenities mapped within 800 m

Cafés & restaurants 4Convenience 3Schools 2Supermarkets 1Parks 1

Nearest flood point the city monitors: 517 m away. 9 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

58

/100

Investment score

Location6/10
Value7/10
Developer6/10
Transit4/10
Est. gross rental yield: 5–6.5% per yearGrowth outlook: ModerateSuits: Rental investor · Own-stay buyer

Kave Playground offers an accessible entry point into the growing Wang Thonglang market, backed by an approved EIA and active construction, though its lack of confirmed transit proximity and large unit count temper its upside. It suits rental investors and own-stay buyers seeking affordable mid-town condo living rather than short-term flippers.

Strengths

  • Affordable entry price (from THB 2.39M) suits budget-conscious investors and first-time buyers
  • EIA approved and construction already underway (started April 2025), reducing delivery risk
  • Large-scale 515-unit development with extensive lifestyle facilities (gym, pool, co-working, sky garden)
  • Benefiting from broader Wang Thonglang area momentum tied to Yellow Line growth

Watch out for

  • No confirmed proximity to a named BTS/MRT/Yellow Line station, making the location car-dependent
  • High unit count (515) across 8 floors may lead to competitive resale/rental supply within the project
  • Unit size ranges not yet published, making per-sqm value assessment difficult
  • AssetWise has a shorter track record compared to top-tier listed developers

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.

✨ Prefilled from this project's AI analysis

Tax is simplified, confirm with a tax adviser.

Total acquisition cost

฿2.46M

Purchase price฿2.39M
Transfer fee฿24K
Sinking fund฿13K
Common fee prepay฿15K
Furniture฿0
FX transfer cost฿18K

Net annual rental income

฿87K

Net yield

3.6%

Payment schedule

Reservation฿50K
Contract signing฿239K
At transfer฿2.1M
Estimated value in 5 years฿2.77M

Email me this breakdown

All figures are estimates from adjustable assumptions, not investment advice. Verify every cost with the developer and independent advisers.

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AssetWise made 4 price and construction changes in the last 90 days. Get an email when the next one lands.

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