NovLumpini Suite Ratchada - Rama III
Lumpini Suite Ratchada - Rama III is a small condominium by Bangkok standards, set in Chong Nonsi within Yan Nawa. The building has one block, nine floors and 53 units.
Bangkok
From 5,900,000 THBPer broker listings. Current price list, layouts and availability — discussed one-to-one with a project specialist
Quick — 10-second read
- What it is
- Condominium
- Where
- 949 Ratchadaphisek Road, Chong Nonsi, Yan Nawa, Bangkok 10120, Thailand · Bangkok
- Stage
- Completed · 2005
- Price
- From ฿5,900,000guide price, final by unit
- Transparency
- 10 facts confirmed · 7 to verify
Gallery
Photographs from the project’s materials.
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Why this project is worth a look
Low unit density
With 53 apartments in one nine-storey building, Lumpini Suite Ratchada - Rama III is far smaller than many newer Bangkok condominiums. Buyers who prefer a quieter residential scale may value that, but a small owner base also means major common-area costs are shared among fewer units, making the quality of juristic-person management especially important.
Genuinely large homes
The smallest documented original format is around 50–51 sqm, while larger resale units run to roughly 109–117 sqm. That can be attractive for families or residents who want usable living space rather than a compact investment layout. In a 2005 building, however, area should always be considered together with renovation quality, building systems and the exact registered plan.
Active resale evidence
There is current sale and rental inventory in 2026, so buyers can benchmark against live asking prices rather than an old launch figure. The lower sale anchor around THB 5.9M is meaningful as market context, but the spread between units is wide. Condition, floor, layout, quota status and legal documentation can justify substantial differences between two homes in the same building.
Rama III trade-off
Central Rama 3, the BRT corridor and road access toward Naradhiwas and Sathorn are practical advantages. The compromise is rail access: this is not a BTS- or MRT-adjacent building. It suits buyers comfortable with road transport, taxi, car or BRT more than someone whose daily routine depends on walking to heavy rail.
Age is due diligence
A building completed around 2005 should be judged on how it has been maintained, not simply on its age. Lift condition, waterproofing, façade works, plumbing, fire systems, parking and the financial position of the condominium juristic person can have a direct effect on ownership costs and comfort long after the apartment itself has been renovated.
About the project
Lumpini Suite Ratchada - Rama III is a small condominium by Bangkok standards, set in Chong Nonsi within Yan Nawa. The building has one block, nine floors and 53 units. That scale is one of the project's most relevant characteristics today. This is not a new high-density launch where buyers compare developer packages and staged payment plans; it is an established resale building where the quality of the individual apartment, the condominium's management and the paperwork around the specific unit matter more than the original sales brochure. Current property databases generally place completion in 2005, while L.P.N. Development's own current annual reporting still lists Lumpini Suite Ratchada - Rama III among the group's completed projects. The project identity is therefore clear, but every resale still needs unit-level checks: title, outstanding common charges, registered area, encumbrances and the foreign ownership quota position.
The building stands out for relatively generous apartment sizes and a low unit count. PropertyHub's project profile shows an original 1-bedroom type around 51 sqm and a 3-bedroom type around 117 sqm. The resale market is less tidy: active or recent listings include roughly 50 sqm one-bedrooms, about 116 sqm units marketed as two bedrooms, and three-bedroom homes ranging from the mid-80s to around 109–116 sqm. In an older condominium, that spread can reflect renovations, reconfigured rooms or inconsistent agent labelling. It should not be treated as a clean developer floor-plan matrix. A buyer should therefore work from the exact title deed, registered area and current plan of the unit being considered rather than assume that every listing follows an original standard layout.
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There is enough active resale and rental stock to establish current asking-price context. At the start of October 2026, PropertyHub showed a lower active sale at THB 5.9M for a roughly 50 sqm one-bedroom, with larger units listed above THB 6M and THB 9M. DDproperty also showed large freehold units around THB 6.19–6.2M and higher. On the rental side, September 2026 PropertyHub listings ranged from about THB 23,000 per month for a 50 sqm one-bedroom to around THB 38,000 for larger three-bedroom apartments. These are asking prices, not achieved transaction evidence, and they should not be converted mechanically into a promised yield. A renovated apartment and an untouched apartment of similar size can command very different prices in a building completed two decades ago.
The location sits in the Ratchadaphisek/Rama III and Naradhiwas corridor on the southern side of central Bangkok. Several independent property sources place the building around 949 Ratchadaphisek Road, while DDproperty references Soi Naradhiwat Rajanagarindra 30; both descriptions point to the same Chong Nonsi location. ThinkOfLiving publishes coordinates consistent with that address. Central Rama 3 is within roughly a kilometre, and DDproperty places Thanon Chan BRT at about 790 metres. This is not, however, a condominium on top of a BTS or MRT station. FazWaz places the nearest BTS and MRT several kilometres away. The location therefore makes more sense for residents who use Rama III, Naradhiwas and Sathorn by road, BRT, taxi or car than for buyers whose primary requirement is a short daily walk to heavy rail.
The verified common facilities are practical rather than resort-like: a swimming pool, gym, parking, lift, 24-hour security and CCTV are consistently reported across multiple project profiles. PropertyHub also lists keycard access and an on-site convenience shop. Facility databases do not agree on every item; for example, some platforms mention a sauna while PropertyHub does not mark it as an active project facility. That is a useful reminder of how to inspect an older building. The relevant question is not how many icons appear on an aggregator page, but whether the pool, gym, lifts, parking areas and common spaces are well maintained, what major works have been carried out, and whether the condominium juristic person has an adequate maintenance and sinking-fund position for the next cycle of repairs.
For a foreign buyer, ownership follows Thailand's condominium rules. A qualifying foreign purchaser may own a condominium unit freehold provided the building remains within the statutory foreign quota, which is capped at 49% of the total condominium unit area. Thailand's government information service notes that the condominium juristic person must issue a letter confirming the foreign ownership proportion for the transfer process. Listings in Lumpini Suite Ratchada - Rama III already show that quota status can differ from unit to unit, with some advertisements identified as foreign quota and others as Thai quota. The practical takeaway is straightforward: the word 'freehold' in an advertisement is not enough on its own. The selected unit's eligibility for foreign registration must be confirmed at the time of purchase.
Ownership format
Condominium ownership: a foreign buyer may hold a unit freehold if that specific unit can be transferred within the building's foreign quota, capped at 49% of the total condominium unit area. The quota position for the selected unit should be confirmed with the condominium juristic person before transfer.
Unit types & sizes
The project profile records an original size around 51 sqm, while current resale stock includes units around 50 sqm. That is generous by current Bangkok one-bedroom standards, although renovation quality and building services matter more than the small difference in quoted area.
Current resale advertising includes a large unit of roughly 116 sqm marketed as a two-bedroom. The project profile does not list a separate original two-bedroom type, so this should be treated as a unit-specific configuration rather than a standard building-wide plan.
This is the least uniform segment of the building. PropertyHub records an original 117 sqm three-bedroom type, while current market stock includes three-bedroom homes around 84–85, 109 and 116 sqm. The registered area and actual plan of the selected unit therefore deserve specific verification.
The project profile does not provide a complete original floor-plan schedule. Current resale stock includes configurations not shown in the brief project database, so the ranges above describe observed market units rather than a guaranteed original layout matrix. For a transaction, room count and registered area should be checked against the selected unit's documents. 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
8 amenities
Leisure and fitness
- swimming pool
- gym
Security
- 24-hour security
- CCTV
- keycard access
Everyday use
- lift
- parking
- on-site convenience shop
Location
- Chong Nonsi in Yan Nawa, on the southern side of central Bangkok between the Rama III/Ratchadaphisek and Naradhiwas corridors.
- Central Rama 3 is about 0.8 km away in PropertyHub's location data; treat this as an area reference rather than a guaranteed walking route.
- Thanon Chan BRT is about 790 metres away according to DDproperty.
- The nearest BTS and MRT stations are several kilometres away; this is not a rail-adjacent condominium.
- Several sources use 949 Ratchadaphisek Road, Chong Nonsi, Yan Nawa, Bangkok 10120, while DDproperty also references Soi Naradhiwat Rajanagarindra 30 for the same project location.
Address / landmark949 Ratchadaphisek Road, Chong Nonsi, Yan Nawa, Bangkok 10120, 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 5.9M in an active PropertyHub resale listing refreshed on 3 October 2026. This is a lower secondary-market asking-price anchor, not a developer price; the exact unit, availability, condition, foreign quota and transaction terms need to be confirmed separately.
- Completed: 2005
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.
Project stage — what we know
Completed in 2005. Not a render.
Visit in person and inspect the actual units; current resale or rental offers may exist.
- Planned
- Building
- Done
What is documented on this page
Facts published here and the points to confirm before booking.
The page documents 10 key facts; 7 items should be confirmed before booking; data checked 2026-10-05.
This is a record of published facts, not a quality rating.
At a glance
Is this project right for you?
Tick what describes you — we will show whether this may be a fit. Honest, without gloss.
Your selections are not saved anywhere. This is a decision aid, not an assessment.
Best for: Families or couples who value usable interior space more than having a newly completed building; even the smaller documented units are large by current Bangkok one-bedroom standards.; Buyers who prefer a 53-unit residential building rather than a high-density condominium with hundreds of neighbours and extensive shared facilities.; Residents whose daily geography is Rama III, Naradhiwas, Yan Nawa or Sathorn and who are comfortable using BRT, taxi or a car rather than relying on a short walk to BTS/MRT.; Resale investors who are prepared to select a unit on condition, legal status and real operating costs. Active rental stock provides useful market context, but the investment case has to be built around the specific apartment rather than a generic project yield.; may not suit: Buyers who specifically want a newly completed building, new building systems and a developer warranty period.; Anyone for whom a short daily walk to BTS or MRT is a non-negotiable requirement.; Investors looking for a fully standardised product with uniform layouts, consistent fit-out and minimal unit-by-unit due diligence..
What we confirm before booking
A short, project-specific list. We request these from the developer and go through them with you before any payment.
- which units are free, and on which floors
- the legal entity in the SPA and the payee’s bank details
- 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
Disputed and unknown information
This keeps the open points in one place. A missing or disputed fact is not treated as a conclusion.
- The original layout schedule is incomplete in public project data. The project profile shows a roughly 51 sqm one-bedroom and a 117 sqm three-bedroom, while resale stock also contains two-bedroom units and smaller three-bedroom configurations. Without unit documents, original layouts cannot be separated confidently from later alterations or inconsistent listing labels.
- The building's remaining foreign quota is not published publicly. Current listings include both foreign-quota and Thai-quota labels, so the ability to register a specific unit to a foreign buyer must be confirmed at the time of transfer.
- One directory attributes the project to Grand Unity Development, while L.P.N. Development's current annual report and the majority of major property sources identify it with L.P.N. Development. LPN is therefore used in the main record, with the conflicting directory attribution retained here.
FAQ
What does a unit cost in Lumpini Suite Ratchada - Rama III?
1 bedroom — from THB 5.9M in an active listing; 2 bedrooms — about THB 9.06M in an active listing; 3 bedrooms — from THB 6.19M for a current listing around 109 sqm. 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 Lumpini Suite Ratchada - Rama III due for completion?
2005. 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.
- Developer's official site — Document: stocks/corporate_media/o0x0/4w/8d/muwb4w8dn3v/TH-ANNUAL-LPN-2024-09072025 checked 04.10.2026
- Government / official registry — Document: public/guide-book-detail/010_013 checked 04.10.2026
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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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