Noble Ploenchit

Noble Ploenchit is a three-tower condominium of 51 floors on Phloen Chit Road in Lumphini, Pathum Wan. Both sources we checked count 1,444 units. It was completed around 2016 to 2017, and one source lists the tenure as freehold. Noble Development is the developer.

The address is the draw. A skywalk links the building toward BTS Phloen Chit, and Central Embassy and Central Chidlom are within easy reach on foot. BestBKKCondos tracks 2 listings here, one for sale and one for rent.

With 1,444 homes, the shared facilities run long. Security is staffed around the clock.

Facilities

• Swimming pool
• Fitness centre and sauna
• Garden and jogging track
• Children's playground
• Co-working space and library
• Golf simulator
• CCTV and car park

Unit types

Source listings show studios of about 45 sqm and one-bedrooms from roughly 47 sqm. Our own listings include a 60 sqm one-bedroom and a 70 sqm two-bedroom. Larger layouts exist, among them a 90 sqm penthouse and a 178 sqm three-bedroom.

Phloen Chit Road, near BTS Phloen Chit

BTS Phloen Chit is under half a kilometre away by skywalk, so the Sukhumvit Line is a few minutes on foot. Central Embassy and Central Chidlom are the nearest shopping stops. Chit Lom and Siam are short rides in either direction. The streets around hold embassies, offices and hotels, and weekday traffic is heavy. Lumphini Park is a short taxi ride south.

• Expatriate tenants and corporate renters who want a walk to the BTS.
• Buyers who want a central second home and accept a Ploenchit premium.
• Investors comparing rental options who can live with many similar units competing for tenants.

It does not suit buyers on a modest budget, or anyone who wants a small, quiet building.

In our listings, a 60 sqm one-bedroom is offered for sale at THB 16,400,000, or about THB 273,000 per sqm. A 70 sqm two-bedroom appears for rent at THB 67,000 a month. These are asking figures, not transaction prices. We do not quote a yield.

One source lists the building as freehold. Foreign buyers can hold freehold units within the 49% foreign quota; check what remains with the juristic office before reserving.

Risks to weigh

• With 1,444 units, many comparable homes list at once, which can slow a resale or hold rents down.
• Ask the juristic office for current common fees, the sinking fund balance and any planned special levies.
• Asking prices vary widely by floor and view, so one listing is a weak guide to value.