Newly completedVAY 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
Facilities
Construction progress
100%
Expected completion 2025
Official land value here
฿70K per sq.wah
≈ ฿18K per m² of land
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
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
A plot in this zone may hold 4.5 times its own area in floor space.
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
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.
AI Investment Insights
54
/100
Investment score
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 · 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.
Tax is simplified, confirm with a tax adviser.
Total acquisition cost
฿2.37M
Net annual rental income
฿80K
Net yield
3.4%
Payment schedule
Email me this breakdown
All figures are estimates from adjustable assumptions, not investment advice. Verify every cost with the developer and independent advisers.
Nearby projects
Track Sansiri
Sansiri made 43 price and construction changes in the last 90 days. Get an email when the next one lands.
Only changes to this developer's projects. Nothing else, and you can leave in one click.