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Le Premier 1

Thailand / Bangkok1992Condominium

Price from

฿16,500,000

Completion date

1992

Area

175 m²

Description

Le Premier 1 is located in Asoke, Bangkok, on Sukhumvit Soi 23. This is the central part of the city, known as the point where two major transit lines cross. The building sits on a quiet soi and is a classic condominium from an era when living space and privacy were valued more than fashion.

Getting around is straightforward. BTS Asoke and MRT Sukhumvit stations are both within walking distance of the building. That gives residents access to both the elevated and the underground rail lines, so many parts of Bangkok can be reached without a car. The building has its frontage on Sukhumvit Soi 23, from where the main roads of central Bangkok are easy to reach.

Le Premier 1 was completed in 1992 by the developer Le Premier. The project consists of one building with 21 floors. It contains just 68 apartments, so the density is low and the number of neighbours is small. The building keeps the character of a classic condominium, with generous floor plans of a kind that is now much less common in new projects.

The building offers parking, which is practical for owners who drive. Because there are few apartments across 21 floors, the common areas stay calm and private, without the crowds typical of large modern complexes. Some apartments include a maid's room with a separate entrance and a storage room.

One apartment is for sale now: 2 bedrooms, 2 bathrooms, 175 sq m, on the 10th floor with a city view. It is sold fully furnished at THB 16,500,000. The large living and dining areas set this layout apart from most modern offerings, and the separate maid's room adds practical value.

The apartment is freehold, and a foreign quota is available for foreign buyers. It is sold with a tenant in place, so the handover timing depends on the existing tenancy. This suits buyers who plan to live in the apartment long term, as well as those looking for a large apartment in central Bangkok.

Location

Price from

฿16,500,000

Layouts

Unit typeArea fromPrice fromBedroomsVariants
2 Bedrooms175 m²฿16,500,0002

Apartments for sale

  • 2 bedrooms

    175 m² · Floor 10 · Freehold · Fully furnished

    ฿16,500,000

ROI Calculator

฿29,000฿285,000

Estimated based on market data

40%100%
0%20%
Monthly income

฿62,000

Annual income

฿748,000

Gross yield

6.6%

Net yield

4.5%

Value in 5 years

฿21,059,000

Total ROI (5 years)

50%

Calculations are estimates based on average market data. Actual returns may vary. This is not financial advice.

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This material was prepared with the help of artificial intelligence. Please check key figures and terms with our adviser.