🏢

Newly completed

SansiriCondominium

VAY Rama 9

เวย์ พระราม 9

Soi 17, Rama IX Road, Huai Khwang, Bangkok · Rama 9

Starting from

฿2.29M

26.50-42.75 sqm

2025

✦ Ready to move in, Low-Rise style, fully furnished
✦ On Rama IX Soi 17; nearest operating stations (MRT Rama 9 / MRT Thailand Cultural Centre) are a ~10-minute drive (approx. 4.5-5km), not walkable
✦ 171 units across a single 8-floor building on 1 rai
✦ 100% complete, ready to move in (2025)

Unit types

1BR

Facilities

Fully furnished unitsSwimming poolGymCo-working areaCentral gardenLaundryEV charging station24-hour security

Construction progress

100%

Expected completion 2025

Starting from

฿2.29M

Est. rent: ฿9,500–฿13K/month

Unit sizes

26.50-42.75 sqm

Price / sqm

฿86K

Total units

171

Floors

Completion

2025

District

Rama 9

Status

Newly completed

🔥 Value analysis

35% below area median

This project (per sqm)฿86K

Area median (per sqm)฿133K

Based on 33 comparable Condominium projects within 5 km.

Official land value here

฿70K per sq.wah

≈ ฿18K per m² of land

District median (Rama 9)฿100K

Pricier land than 78% of tracked locations

Official zone appraisal by the Treasury Department (2023-2026 cycle), median of 99 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 February 17, 2025

Recorded statusNot started

Filed byบริษัท แสนสิริ 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 residentialY6-24

Floor area ratio (FAR)4.5

A plot in this zone may hold 4.5 times its own area in floor space.

Open space required6.5%

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

8 amenities mapped within 800 m

Parks 3Convenience 2Schools 2Supermarkets 1

Nearest flood point the city monitors: 724 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 Sansiri website ↗

🤖 AI investment score & projected yield

54See the full analysis below ↓

AI Investment Insights

/100

Investment score

Location5/10

Value6/10

Developer8/10

Transit3/10

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

VAY Rama 9 offers a low-risk, ready-to-move-in Sansiri condo at an accessible price point, but its distance from actual MRT stations and the Grand Rama 9 development limits its exposure to the district's core growth drivers. It suits budget-conscious renters or own-stay buyers more than investors chasing transit-driven capital appreciation.

Strengths

100% complete and ready to move in, eliminating construction/delivery risk
Backed by Sansiri, a top-tier developer with strong delivery track record
Affordable entry price (~2.29M THB) and competitive price per sqm (~86,000 THB) for a branded condo
Fully furnished small-format units (26.5-42.75 sqm) well-suited to single renters or investors

Watch out for

Not walkable to MRT, nearest stations (MRT Rama 9 / Thailand Cultural Centre) are ~4.5-5km / ~10-minute drive away, making it car-dependent
Small-scale project (171 units, 8 floors) limits economies of scale and building amenities compared to larger developments
Located on the fringe of the Rama 9 growth story, so it captures the district's brand recognition more than direct proximity to the Grand Rama 9 / Orange Line catalysts

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

฿2.37M

Purchase price฿2.29M

Transfer fee฿23K

Sinking fund฿16K

Common fee prepay฿19K

Furniture฿0

FX transfer cost฿17K

Net annual rental income

฿80K