Lumpini 24
Bangkok
Price on request
CompletedDeveloped by L.P.N. Development
- Type
- Condominium
- Location
- Bangkok
- Developer
- L.P.N. Development
Overview
The Lumpini 24 is a condominium of 46 floors and 402 units on Soi Sukhumvit 24 in Khlong Tan, Khlong Toei. Sources date its completion to 2014 and 2016, so we place it in the mid-2010s. L.P.N. Development, the company behind the Lumpini brand, is the developer.
BTS Phrom Phong is just under a kilometre away. BestBKKCondos tracks 2 listings here, both two-bedroom rentals.
Facilities
- Swimming pool
- Fitness centre
- Sauna
- Kids area
- 24-hour security
- Library
Design & lifestyle
The building keeps to a standard set of shared facilities. Pets are not allowed unless the juristic office permits them.
Facilities
- Swimming pool
- Fitness centre and sauna
- Library
- Children's playground
- 24-hour security
Unit types
Our two listings are 54 and 55 sqm two-bedroom units. Sources show studios, one-bedrooms, two-bedrooms and three-bedrooms.
Location
The Lumpini 24, Sukhumvit 24 Alley, Khlong Tan, Khlong Toei, Bangkok, Thailand
The neighbourhood
Soi Sukhumvit 24, near BTS Phrom Phong
The station is just under a kilometre from the building, a walk of about twelve minutes. Emporium and EmQuartier, the two big malls at Phrom Phong, are the nearest places to shop and eat. Benjasiri Park lies on Soi 24 beside Emporium and gives the area a rare green space. The soi is quiet by Sukhumvit standards, but traffic on the main road is heavy in the evening.
Who it suits
- Tenants who want Phrom Phong and accept a longer walk to the station in return for a high-rise view.
- Couples and sharers who need a 54 to 55 sqm two-bedroom.
- Investors who want a large building with a broad rental market around it.
It does not suit pet owners. It also does not suit anyone who wants the BTS at the door.
Investment potential
Both of our listings are rentals: a 54 sqm two-bedroom at THB 40,000 a month and a 55 sqm two-bedroom on the 10th floor at THB 45,000. We have no sale listing here, so we give no price per sqm. We do not quote a yield.
Foreign buyers can hold freehold units within the 49% foreign quota; check what remains with the juristic office.
Risks to weigh
- With 402 units, plenty of similar homes list at once, and rents can differ by thousands of baht for near-identical sizes.
- The walk to the BTS is close to a kilometre, which suits some tenants less than others.
- In a 46-floor tower, lift waits at peak times are a real factor in day-to-day comfort.
About L.P.N. Development
L.P.N. Development is a Bangkok developer best known for the Lumpini condominium brand.
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