Address Asoke

The Address Asoke is a 44-floor condominium on Phetchaburi Road in Makkasan, Ratchathewi, with 574 units. It was completed in 2012 and was built by AP (Thailand). The sources we reviewed describe a single high-rise rather than a multi-tower estate.

The location suits people who want rail on the doorstep. The Airport Rail Link station at Makkasan is under a kilometre away, and MRT Phetchaburi is a short walk. BestBKKCondos tracks 3 listings here.

The building has a pool, gym and other shared spaces on top of its security, and the unit mix runs from one-bedroom flats to larger two-bedroom layouts.

Facilities

• 24-hour security
• Swimming pool
• Fitness centre
• Sauna
• Library
• Garden
• Children's play area

Unit types

Our listings cover a 45 sqm one-bedroom and two-bedroom units of about 65 sqm. One source also shows an 85 sqm two-bedroom on a high floor, so larger layouts exist.

Phetchaburi Road, near Makkasan Station

The Airport Rail Link at Makkasan sits somewhere between 160 and 640 metres from the building, depending on the source, so treat it as under a kilometre. MRT Phetchaburi is within roughly half a kilometre on foot, and sources also place BTS Nana in the wider area. The Airport Rail Link runs out to Suvarnabhumi Airport, which helps frequent flyers. Our sources do not give reliable distances to malls, schools or hospitals, so check those on a map before you commit.

• Commuters who want the Airport Rail Link and MRT within walking range.
• Frequent travellers who value a short run to Suvarnabhumi on the rail link.
• Tenants wanting a large unit in a mid-city address, where 65 sqm two-bedrooms are on offer.

It does not suit buyers who need a pet-friendly building, since a source says pets are not allowed unless the juristic office permits them, or anyone who wants a low-rise, quiet compound.

Our listings here are rentals only for now. A 45 sqm one-bedroom is listed at 25,000 THB per month, and two-bedroom units of 65 sqm at 30,000 and 40,000 THB per month. We have no sale listing to price per square metre. We do not quote a yield.

Tenure was not stated by the sources we used. Foreign buyers would be within the 49% foreign quota; check what remains with the juristic office.

Risks to weigh

• With 574 units, many owners compete for the same tenants, which can cap rents.
• The two 65 sqm rentals differ by 10,000 THB per month, so condition and floor matter a lot.
• The building dates from 2012, so check sinking-fund health and refurbishment plans.