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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 9 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.

The public record

EIA approved December 28, 2018

Recorded statusBuilt and in use

Filed byบริษัท แลนด์แอนด์เฮ้าส์ จำกัด (มหาชน)

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

Medium-density residentialY7-18

Floor area ratio (FAR)5

A plot in this zone may hold 5 times its own area in floor space.

Open space required6%

The 2026 draft plan proposes Y11-22, FAR 6. 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

75 amenities mapped within 800 m

Cafés & restaurants 33Convenience 22Pharmacies 13Schools 7

Nearest flood point the city monitors: 172 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 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 · 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

฿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