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Baan Ratchayothin

Baan Ratchayothin is an established condominium in Chan Kasem, Chatuchak, on the northern side of Bangkok. This is a mature resale building rather than a new launch, so the buying decision works differently from an off-plan purchase.

BangkokBased on developer material

View from Arrow Place, Bangkok

From 1,180,000 THBPer broker listings. Current price list, layouts and availability — discussed one-to-one with a project specialist

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What it is
Condominium
Where
345, Soi Ratchadaphisek 36 Yaek 9-3, Chan Kasem, Chatuchak, Bangkok 10900, Thailand · Bangkok
Stage
Completed · 1993
Price
From ฿1,180,000guide price, final by unit
Transparency
8 facts confirmed · 7 to verify
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Why this project is worth a look

Low entry point

The THB 1.18M listing creates a genuinely low starting point for a Chatuchak condominium, but it applies to one compact 27 sqm resale rather than the whole building. The right comparison is unit-to-unit: renovation, floor, title, common charges and near-term repair needs can matter more than the project name.

A tangible asset

The building is independently traceable through its exact address, long-running resale records and condominium references. A buyer can inspect what already exists, speak with the juristic person and review common areas in their current condition instead of evaluating promised facilities from a sales brochure.

Varied unit sizes

Resale evidence includes compact apartments around 27 sqm and larger two-bedroom units around 54–65 sqm, with at least one historical unit much larger than that. The limitation is that no authoritative original unit matrix was found, so the registered unit plan matters more than the label used by an agent.

Not station-front

Ratchayothin BTS is within the wider area, but this is not a building at the station entrance. Sources place it roughly 1.3–2.1 km away depending on routing. Buyers who rely on rail every day should test the real trip rather than buying on the phrase 'near BTS'.

Due diligence over brand

The developer could not be reliably identified. For a completed 1990s resale building, that shifts attention to the condominium juristic person, building maintenance, current charges, the seller's debt status and the individual title. Two units in the same project can produce very different ownership experiences if their condition and paperwork differ.

About the project

Baan Ratchayothin is an established condominium in Chan Kasem, Chatuchak, on the northern side of Bangkok. This is a mature resale building rather than a new launch, so the buying decision works differently from an off-plan purchase. There is no current developer sales office or fresh launch documentation to lean on; the key questions are the condition of the selected unit, the building's management, the seller's documents and the condition of common property. FazWaz lists completion in December 1993, 10 floors and 223 units. DDproperty also places completion in 1993 and confirms 10 floors, but lists 220 units. ZmyHome shows 220 units and a 1994 completion year. Those discrepancies are small enough to identify one building, but material enough to verify against condominium registration documents before a transaction.

The most obvious attraction is the low entry price relative to many newer Chatuchak condominiums. The lowest live resale offer found during this research was THB 1.18M for a 27 sqm unit on the fourth floor. Other portals show the same or a very similar unit around THB 1.22M. That figure should be treated as a lower asking-price anchor rather than a project-wide value benchmark: online inventory is thin, and historical listings show much larger units. In a building with a broad spread of sizes and varying renovation quality, a single small resale cannot represent every apartment in the property.

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There is no reliable original unit schedule or archived developer floor-plan set available in the sources reviewed. The practical unit mix has to be reconstructed from resale records. Current portals show a compact unit around 27 sqm, inconsistently described as a studio or a one-bedroom. Older ZmyHome records show two-bedroom units around 53–65 sqm and a much larger 110 sqm apartment. That inconsistency is a reason to rely on the condominium title and registered plan for the selected unit rather than portal labels. In an older building, renovated layouts and owner-made changes may not line up neatly with marketing categories used by today's agents.

The physical address is well supported: 345, Soi Ratchadaphisek 36 Yaek 9-3, Chan Kasem, Chatuchak, Bangkok 10900. The property sits inside the Ratchadaphisek 36 residential street network rather than directly beside a rail station. ZmyHome places Ratchayothin BTS at roughly 1.3 km, while some listing pages describe the route as around 2.1 km. The useful takeaway is not to argue over a few hundred metres but to avoid treating the building as station-front property. A buyer planning a daily commute should test the actual walking, motorcycle-taxi or driving route at the hours they expect to use it.

Portal descriptions are broadly consistent on core amenities: swimming pool, gym, parking, 24-hour security and CCTV. DDproperty confirms parking and 24-hour security, while PropertyHub also lists lift access and keycard control. With a building of this vintage, the current condition matters much more than the existence of an amenity label. A due-diligence visit should look at whether the pool and gym are actively maintained, lift condition and service history, parking allocation in practice, water pressure, visible plumbing or façade issues, and the general standard of common areas. A portal can confirm that a facility exists; it cannot tell a buyer what it is like to use today.

Ongoing building costs also need fresh verification. ZmyHome's project page shows a common fee of THB 15 per sqm, while older unit listings display different fixed monthly amounts for individual apartments. Those numbers come from different dates and should not be carried into a 2026 purchase as if they were a current tariff. The condominium juristic person should provide the current fee schedule, any outstanding balance attached to the seller's unit, sinking-fund rules, recent owners' meeting minutes and information on planned major repairs. At a low acquisition price, a large future special assessment or weak maintenance reserve can materially change the economics of ownership.

Foreign ownership must be checked at unit level. DDproperty lists the project's tenure as freehold, and Thailand's official government information confirms that foreigners may own condominium units freehold within the statutory foreign-ownership ceiling of 49% of aggregate unit area in the building. However, the THB 1.18M unit found on FazWaz and related portals is explicitly marked Thai Quota. That distinction matters. A foreign buyer should not assume that a unit advertised inside a freehold condominium is automatically transferable into foreign freehold. Before paying a reservation or deposit, the buyer should obtain confirmation from the condominium juristic person that foreign quota is available for the specific transfer and confirm the required inbound-funds documentation.

There is an active rental market around the project, but the online sample is too small to support a robust yield claim. Recent portal data includes a 65 sqm rental at about THB 18,000 per month, while smaller 27 sqm apartments appear at lower rents on agency sites. These examples show that units are marketed for rent, not that any particular return is predictable. Renovation quality, furnishing, floor, lease length, pet rules and how actively the unit is marketed can all change achievable rent. For an investment purchase, it is more useful to collect several genuinely comparable current rentals and ask for actual occupancy history than to rely on a portal's automated yield estimate.

One important limitation is the missing developer identity. Major current portals either leave the developer field blank or explicitly show N/A, and no reliable official or archived developer source was found in the search. That does not undermine the identity of the building itself: the address, condominium, juristic-person references and resale history are independently visible. It does change the due-diligence emphasis. This is not a purchase where a current developer brand, warranty package or construction pipeline is the main comfort. The relevant evidence is now the legal status of the condominium, the juristic person's records, the individual unit title and the physical condition of the property.

Baan Ratchayothin therefore suits a buyer who is comfortable with mature Bangkok resale stock and is prioritising a relatively low acquisition budget in Chatuchak over new-build presentation. The project has a verifiable address, current resale activity, core shared facilities and an established condominium structure, but its public documentation is far thinner than that of modern developments. A sensible decision should be made after viewing the actual unit and building, checking foreign quota if applicable, confirming current common charges and arrears, reviewing management records and understanding any planned capital works. In this project, those practical checks are more important than the headline asking price.

Ownership format

A major property portal lists the project with freehold condominium tenure. A foreign buyer can register freehold ownership only if foreign quota remains available within Thailand's statutory 49% cap by aggregate unit area. The THB 1.18M listing found during this research is marked Thai Quota, so it should not be assumed to be available for foreign freehold ownership.

Unit types & sizes

Studio / compact 1-bedroom
27–27.3 sqm
1 bathroom

This is the clearest currently marketed format. Portals inconsistently describe roughly the same size as a studio or one-bedroom, so the registered plan of the specific unit is more reliable than the listing category.

From THB 1.18M in the listing found
2-bedroom
about 54–65 sqm in resale history
1–2 bathrooms in historical listings

Larger apartments are supported by resale history, but this is not an official project unit schedule. Layout, bathroom count and condition vary by individual unit.

No authoritative original floor-plan catalogue was found. The cards above are reconstructed from verified current and historical listings; they show observed formats, not a complete official unit matrix. Prices are the lowest the brokerage boards publish, not the developer’s price list — the price and availability of a specific unit are something we go through with you personally.

Facilities

5 amenities

Leisure

  • communal swimming pool

Fitness

  • communal gym

Access and security

  • car parking
  • 24-hour security
  • CCTV

Location

  • Confirmed address: 345, Soi Ratchadaphisek 36 Yaek 9-3, Chan Kasem, Chatuchak, Bangkok 10900.
  • Ratchayothin BTS is roughly 1.3–2.1 km away depending on source and route; the project is not directly station-front.
  • Chandrakasem Rajabhat University is in the same part of the district; ZmyHome places it at about 0.8 km from the project.
  • The building sits inside the Ratchadaphisek 36 residential lane network, also known locally as Soi Suea Yai.

Address / landmark345, Soi Ratchadaphisek 36 Yaek 9-3, Chan Kasem, Chatuchak, Bangkok 10900, Thailand

The map loads from OpenStreetMap on request.

The circle shows the project’s approximate location; we confirm the exact address and the plot boundaries when you get in touch. © OpenStreetMap contributors.

Price & purchase terms

  • Current price: From THB 1.18M in a 27 sqm resale listing refreshed on 18 Aug 2026 and checked during this research on 16 Sep 2026. This is a lower open-market asking-price anchor, not a developer price; unit availability, condition and deal terms need separate confirmation.
  • Completed: 1993

We show the lowest of the prices the brokerage boards publish: their figures for the same unit differ by a few per cent, and none of them is the developer’s price list. We ask the developer for the current price, availability and payment terms on the unit you are looking at, and go through them with you personally.

Completed

Project stage — what we know

Completed in 1993. Not a render.

Visit in person and see the real units; resale and rentals exist.

  1. Planned
  2. Building
  3. Done
Verified by NovAsia

Transparency index

Facts already published on this page and points we clarify together.

8documented key facts
7we clarify before bookingwe go through these together, not as stop factors

The project has 8 documented key facts; 7 items are clarified before booking.

We count facts already published on this page. The index does not assess the project’s quality.

At a glance

LocationBangkok
CategoryCondominium
ConstructionCompleted
Floors10
Units223
Honest fit

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Best for: A budget-conscious buyer considering established Bangkok resale stock rather than a new launch.; Someone comfortable inspecting building condition, juristic-person records and the selected unit's documents in detail.; A buyer who wants Chatuchak but does not require a condominium directly at a BTS entrance.; An investor willing to underwrite rent from real comparable units rather than an advertised project-wide yield.; may not suit: A buyer who specifically wants a new building with a current developer, new-build warranties and complete modern project documentation.; A foreign buyer assuming the cheapest unit is automatically available in foreign freehold: the THB 1.18M listing is marked Thai Quota.; Someone who needs a station entrance within a few minutes' walk; the building sits deeper inside the neighbourhood..

What we confirm before booking

A short, specific to the project list. We request these from the developer and go through them with you before any payment.

  • the title format and what is registered against the unit
  • the contractual handover date in the SPA — the page shows the date from the project’s materials
  • the contractual area of the chosen unit, and which basis it is measured on
  • which amenities are fixed in the SPA annexes

Disputed and unknown information

This keeps the open points in one place. A missing or disputed fact is not treated as a conclusion.

  • The developer is not established: major current portals leave the field blank or show N/A, and no reliable official or archived developer source was found.
  • Project scale and completion date conflict slightly: FazWaz-linked sources show 223 units and Dec 1993, while DDproperty and ZmyHome show 220 units and ZmyHome shows 1994.
  • Current foreign-quota availability is not published online. It needs confirmation from the condominium juristic person for the specific transfer; the THB 1.18M listing found is marked Thai Quota.

FAQ

What does a unit in Baan Ratchayothin cost?

From 1,180,000 THB — per broker listings. Prices are the lowest the brokerage boards publish, not the developer’s price list — the price and availability of a specific unit are something we go through with you personally.

When is Baan Ratchayothin due for completion?

1993. The contractual handover date is fixed in the SPA.

Sources and documents

Official developer and public records used for this page. We publish no outbound links.

  1. Government / official registry — Official foreign condominium ownership ceiling of 49% by aggregate unit area checked 16.09.2026

Read next

Related

Mark Erometskiy — Thailand property expert

Mark Erometskiy

Thailand property expert (Pattaya, Phuket and Bangkok), co-founder of Bomi Home. Will help with the unit, ownership, stage and terms before you decide.

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Informational, not a public offer or personal investment, legal or tax advice. Price, availability, payment terms and guaranteed-return/buyback conditions are confirmed per unit with the developer and their contract.