🏢

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.

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 · August 19, 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