🏢

Under construction

Land & HousesCondominium🚉 MRT Phetkasem 48 🚆 MRT Blue Line

The KEY MRT Phetkasem 48

The KEY MRT Phetkasem 48 คอนโดเพชรเกษม ใกล้รถไฟฟ้า

Phetkasem Road, Bang Wa Subdistrict, Phasi Charoen District, Bangkok 10160 · Bang Wa

Starting from

฿3.19M

27.80-51.20 sqm

2020

✦ Condominium project in the Bang Wa area
✦ 639 units on 3 rai of land
✦ MRT Phetkasem 48 - 0.05 km
✦ University สยาม - 0.85 km
✦ Near expressway access
✦ Near a rail transit line

Unit types

1 BEDROOM2 BEDROOM

Facilities

Swimming Pool and Kid poolFitnessOrigami GardenLobbyMeeting roomCo-working SpaceGame roomSky Garden

Starting from

฿3.19M

Est. rent: ฿14K–฿18K/month

Unit sizes

27.80-51.20 sqm

Price / sqm

฿115K

Total units

639

Floors

Completion

2020

District

Bang Wa

Status

Under construction

ⓘ Some details sourced from propertyscout.co.th, thailand-property.com.

Value analysis

51% above area median

This project (per sqm)฿115K

Area median (per sqm)฿76K

Based on 8 comparable Condominium projects within 5 km.

Official land value here

฿38K per sq.wah

≈ ฿9,500 per m² of land

District median (Bang Wa)฿43K

Pricier land than 53% of tracked locations

Official zone appraisal by the Treasury Department (2023-2026 cycle), median of 316 land parcels within 150 m of the project pin. Land value, not unit price; government appraisals typically sit below open-market prices.

View on Land & Houses website ↗

🤖 AI investment score & projected yield

66See the full analysis below ↓

AI Investment Insights

/100

Investment score

Location7/10

Value7/10

Developer8/10

Transit10/10

Est. gross rental yield: 5–6.5% per yearGrowth outlook: ModerateSuits: Rental investor · Own-stay buyer

The KEY MRT Phetkasem 48 offers near-unbeatable transit connectivity right at an MRT interchange node, backed by a reputable blue-chip developer, at an accessible price point for the Bang Wa submarket. Missing details on completion timeline and unit sizes temper conviction, but the location and developer quality support a solid rental or own-stay play with moderate upside.

Strengths

Literally 0.05 km from MRT Phetkasem 48 - as transit-adjacent as it gets
Land & Houses is a blue-chip SET-listed developer with strong delivery track record
Entry price from ~3.19M THB is competitive for a station-front condo in this catchment
Large-scale project (639 units, 3 rai) with full facility suite including co-working space and sky garden

Watch out for

No published completion year, floor count, or construction progress - hard to assess delivery timeline risk
Unit area ranges not disclosed, making direct value comparison difficult
Bang Wa/Phetkasem corridor has seen substantial condo supply in recent years, which could pressure rental rates and resale

AI analysis · claude-sonnet-5 · August 25, 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

฿3.28M

Purchase price฿3.19M

Transfer fee฿32K

Sinking fund฿17K

Common fee prepay฿20K

Furniture฿0

FX transfer cost฿24K

Net annual rental income

฿117K