NovPlum Condo Chaengwattana Station
Plum Condo Chaengwattana Station is an established Pruksa low-rise condominium in Lak Si, northern Bangkok. The property covered here is the first phase, although many resale portals shorten its name and omit the phase number.
Bangkok
From 1,350,000 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
- 303 Soi Chaeng Watthana 1, Talat Bang Khen, Lak Si, Bangkok 10210, Thailand · Bangkok
- Stage
- Completed · 2016
- Price
- From ฿1,350,000guide price, final by unit
- Transparency
- 10 facts confirmed · 7 to verify
Gallery
Photographs from the project’s materials.
Who is behind this project
- Developer
- Pruksa Real EstatePublic company · PSHOpen developer profile →
- Track record
- Pruksa has more than three decades of operating history, although its own current websites disagree on the exact founding day in April 1993: the Thai corporate page gives 20 April, while the English investor page gives 10 April.Company data; check the specific project independently.
- Projects with us
- 58
- Transparency
- Public reporting (PSH) — independently checkable
Brand ≠ the legal entity signing your contract. This project may use a separate project company or joint venture — verify the seller and developer for the selected unit.
Why this project is worth a look
Low entry budget
The first phase remains a relatively low-ticket way to buy into an established Bangkok condominium market. Compact units keep the total purchase price down compared with central districts. The cheapest listing, however, is only a starting point: renovation needs, outlook, road exposure and even phase mislabelling can quickly erase an apparent bargain.
A building you can inspect
This is a completed condominium, so buyers can assess the real common areas, noise, security operation, parking pressure and unit condition before committing. For a project of this age, that evidence is more useful than launch brochures. Management quality and maintenance history are now part of the asset, not a future promise.
Lak Si demand base
The location is tied to north-Bangkok employment and daily-life demand around Chaeng Watthana, Lak Si, the Government Complex and Don Mueang. That can suit owner-occupiers or tenants whose routine is already in this part of the city. It is a different rental story from Sukhumvit, where international tenants and central-city lifestyle are a larger part of the proposition.
Phase identity matters
The biggest research trap is phase confusion. Phase 2 and Phase 3 have their own buildings, unit counts and positions, while online portals sometimes group their listings under the same short project name. The building and title documentation should therefore be matched to the intended phase before comparing prices, amenities or transit access.
About the project
Plum Condo Chaengwattana Station is an established Pruksa low-rise condominium in Lak Si, northern Bangkok. The property covered here is the first phase, although many resale portals shorten its name and omit the phase number. Its defining baseline is three eight-storey buildings and 809 total units in the original project structure. That distinction matters because Phase 2 and Phase 3 are separate developments with different building counts, unit totals, completion dates and positions within the wider Plum cluster. A listing that simply says “Plum Condo Chaengwattana Station” should therefore be matched to the actual building before any price comparison is taken seriously.
The first phase was launched as an affordable urban scheme serving the Chaeng Watthana and Lak Si employment catchment rather than central Bangkok's premium condominium market. Contemporary project information describes 804 residential units plus five commercial units. Most apartments were compact one-bedroom layouts of 22.5 or 26 sq m, with a much smaller number of two-bedroom homes around 45 sq m. The practical implication is straightforward: this is a small-unit project suited to singles, couples and budget-conscious buyers more than households looking for generous family space.
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Because the condominium has been completed for years, due diligence is different from buying off-plan. The buyer can inspect the actual building, common areas, unit condition and management in operation instead of relying on a future specification. The trade-off is variation between individual resale units. Renovation quality, furniture, road exposure, internal views and maintenance history can materially change the value of two apartments with the same nominal floor area. At this stage of the project's life, building condition and unit-specific documents matter more than launch-era marketing.
PropertyHub showed resale asking prices from roughly THB 1.35M for a 23 sq m unit in listings updated in September 2026, while larger two-bedroom apartments were offered at materially higher prices. Those numbers are asking prices, not verified transaction values, and the cheapest advertisement should not be treated as a guaranteed purchase opportunity. A buyer considering rental income should model the exact unit using a realistic achieved rent, vacancy, agent fees, repairs, common expenses and furnishing costs rather than relying on a headline yield.
The project's appeal is mainly functional location. Chaeng Watthana gives access to Lak Si, the Government Complex area, Don Mueang and several major north-Bangkok road corridors. It is not the same proposition as a central Sukhumvit condominium built around an expatriate tenant pool. The word “Station” in the project name can also be misleading if read too literally today: the different phases sit in different positions and portal-reported station distances are inconsistent. Anyone whose purchase decision depends on rail access should walk the actual route from the specific building rather than assume that every phase has the same transit convenience.
For a foreign buyer, two separate questions need to be answered: whether condominium ownership is legally available in Thailand and whether the chosen unit can actually transfer into the foreign freehold quota. Portal labels do not establish quota availability. The condominium juristic person should confirm the foreign proportion for the relevant building before transfer, while the seller's title, outstanding common charges and transfer documentation should be checked at unit level. A listing described as “freehold” is useful information, but it is not a substitute for the building's quota confirmation.
A physical inspection should focus on the parts of an older mass-market condominium that most directly affect ownership cost. Compare several units of the same nominal size, check road and internal-drive noise, look at air-conditioners and built-in furniture, and walk the route from the apartment to parking, the entrance and shared facilities. In a 23–26 sq m home, a tired kitchen or poorly planned storage can matter more than a small difference in asking price. The depth of the resale market is useful here because it gives buyers a chance to compare real alternatives inside the same project instead of relying on a single seller's framing.
Ownership format
A foreign buyer can hold a condominium unit freehold if foreign quota is available at transfer, subject to Thailand's 49% foreign-ownership ceiling by condominium area. If the quota is full, the workable structure depends on the specific unit and contract; any leasehold alternative needs to be checked separately.
Unit types & sizes
The dominant original format in Phase 1, with 554 units stated in the 2016 project specification. Resale listings often round the registered or marketed area to about 23 sq m. It works best for a single resident or a couple, but storage, kitchen usability and furnishing quality matter disproportionately in a home this compact.
The original project mix listed 213 units at 26 sq m. The extra space is meaningful at this size, giving more flexibility for a work desk, storage and separation between living and sleeping zones. Resale advertisements sometimes show 26–26.5 sq m, so the title deed and unit plan should be checked before using price-per-square-metre comparisons.
A relatively scarce Phase 1 type: the launch specification listed 37 two-bedroom homes at 45 sq m. Current resale portals also show units around 45–46.6 sq m, although some may be combined or recorded differently, so the origin of a specific layout should be verified from its documents. It offers more practical separation for two occupants or a small family, but supply is much thinner than for one-bedroom units.
The original Phase 1 specification accounts for 804 residential units: 554 at 22.5 sq m, 213 at 26 sq m and 37 two-bedroom units at 45 sq m, plus five commercial units. Current portals sometimes round floor areas or mix in listings from neighbouring phases, so the exact unit area and building should be verified from the transaction 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.
Comparable projects in the same city
Each option includes a factual reason for the comparison. Price and availability are confirmed for the selected unit.
Lumpini Ville Chaengwattana 10
Same district; a different housing format
The Indeed Phahonyothin 48
Same district; a different housing format
Regent Home 18 Chaengwattana - Laksi
Same district; a different housing format
Lumpini Ville Chaengwatthana 10
Same district; a different housing format
Facilities
14 amenities
Sport and leisure
- swimming pools
- children's pool
- fitness room
- outdoor exercise area
- jogging track
Shared spaces
- landscaped garden
- children's playground
- library
- game room
Everyday convenience
- on-site shops
- commercial units within the development
Security
- 24-hour security
- key-card access
- CCTV
Location
- Phase 1 is at Soi Chaeng Watthana 1 in Talat Bang Khen, Lak Si, northern Bangkok.
- Chaeng Watthana connects into the wider Vibhavadi Rangsit and Phahonyothin road network, making the address more useful for north-Bangkok routines than for central-city walking.
- PropertyHub places the Chaeng Watthana Government Complex at roughly 2.4 km and Don Mueang Airport at roughly 6 km; actual travel distance varies by route and starting point.
- The phases sit differently in relation to rail stations, so transit convenience should be checked from the exact building rather than inferred from the shared project name.
Address / landmark303 Soi Chaeng Watthana 1, Talat Bang Khen, Lak Si, Bangkok 10210, 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.
About this district
- District guide
- Bang Khen and Lak Si: Campus Homes and Rail Routes →
The district guide explains everyday context. Check the specific unit, price and documents separately.
Near the project
Landmarks around the project, from open maps (OpenStreetMap):
Distances are straight-line from the project, not walking routes — the real route is longer. © OpenStreetMap contributors.
What this project means for me
Build your scenario from the published facts and your choices on this page. Not a rating or a return promise.
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Resolve questions before booking
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Data freshness and provenance
- Latest recorded source / material check
- Price
- Public-listing reference
- Open items in the discrepancies section
- 3
The date belongs to an editorial record, not every individual fact. It does not verify a reviewed contract, legal clearance, current price or unit availability.
Price basis · Discrepancies · Dossier sourcesDaily essentials at a glance
The closest mapped place in each available category.
711
Chulabhorn Hospital
Phranakhon Rajabhat University
Thung Song Hong Community Housing Park
OpenStreetMap · straight-line distances from the mapped project area, not walking routes.
When is it more comfortable to visit?
Temperature, rain, sun and wind month by month for the surrounding area.
NASA POWER · 2001–2025 · area-wide climate averages, not a daily forecast. Rain bars show mm/day. Sun line is solar energy, not a count of sunny days.
Airports and local transport
Compare nearby arrival points before choosing a route.
Distances are straight-line from the mapped project area, not driving distances or travel times. Airport positions are reference points; the transport stop is from OpenStreetMap.
Tourism in the wider destination
Bangkok · September 2026
Visitor flow month by month
Foreign visitors and hotel room occupancy in the province
What is actually nearby
Selected visitor-friendly places within 5 km
Thailand Ministry of Tourism and Sports · Ministry of Tourism and Sports · preliminary monthly province figures, not this property’s rental occupancy. Nearby counts are selected OpenStreetMap places, not measured foot traffic.
How housing prices have changed
Bangkok and vicinity · published price index, historical data
2015-01 — 2026-08 · Bank of Thailand · 2011=100. Regional housing index, not villa transaction prices or this project’s return.
Nearby projects on the map
Published sale-price references within 5 km, not rental listings or confirmed availability.
Compare the project with nearby alternatives
Approximate project locations and straight-line distances. Sale prices cannot be treated as comparable rent.
Price & purchase terms
- Current price: From THB 1.35M in a PropertyHub resale listing updated on 24 September 2026. This is a lower secondary-market asking-price anchor, not a guaranteed available-unit price; the specific unit, condition, ownership status and transaction terms need to be checked separately.
- Completed: 2016
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. For a resale unit, confirm the current price, availability and payment terms with its seller or authorised representative before payment.
Investment return calculator
The starting amount is the published project price. Adjust the sliders to compare scenarios.
Show the calculation by year
| Year | Gross rent | Running costs | Cumulative net rent | Property value | Total |
|---|
8% potential gross rent, 65% occupancy, 20% running costs and 3% price change are editable examples, not a forecast. Taxes, financing, transaction fees and resale terms are excluded. Occupancy and costs apply to rent, not to the property value.
What else can you compare it with?
Change rent, occupancy and costs above; public benchmarks are reference points.
The property bar is net rental cash flow divided by purchase price, before tax; it excludes price growth. US Treasury yield is in USD. Inflation shows purchasing-power erosion, not a separate investable return. Risk, taxes, liquidity and currency differ. US CPI source
Project stage — what we know
Completed in 2016. Not a render.
Visit in person and inspect the actual units; current resale or rental offers may exist.
- Planned
- Building
- Done
What we know
Verified details and questions to settle before reserving.
10 key facts confirmed; 7 more to verify before reserving.
This is not a project 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: An owner-occupier whose work or daily routine is in Lak Si, the Government Complex area, Don Mueang or nearby north-Bangkok districts.; A budget-conscious buyer who values a completed condominium and compact purchase price more than a new launch, large floor area or central address.; An investor willing to underwrite a specific unit against local long-term rental demand rather than assume tourist demand or a headline yield.; A buyer who prefers to inspect an operating building and compare several resale units before deciding.; may not suit: Buyers who specifically want a new building, current-generation systems, fresh common areas and a developer warranty period.; Anyone choosing primarily for a walkable central-Bangkok lifestyle or direct access to the Sukhumvit and Silom business districts.; Investors seeking a simple short-stay tourist strategy or a rental pool driven mainly by international tenants..
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 selected unit’s contractual handover date in the SPA — the published date is only a reference
Disputed and unknown information
This keeps the open points in one place. A missing or disputed fact is not treated as a conclusion.
- Completion timing is inconsistent across portals: PropertyHub, ENNXO and Thai project records point to 2016, while DDproperty and PropertyScout sometimes label the development as 2017. we use 2016 because it is the more consistently supported Phase 1 date.
- Current foreign-quota availability for the specific building and unit is not publicly confirmed. A foreign buyer should obtain the condominium juristic person's quota confirmation before transfer.
- PropertyHub and ENNXO publish a common-area fee of THB 40/sq m, but the condominium juristic person's current 2026 charge has not been independently confirmed; the latest invoice and fee rules should be requested before purchase.
FAQ
What does a unit cost in Plum Condo Chaengwattana Station?
1 bedroom, compact layout — resale asking anchor from THB 1.35M; 2 bedrooms — listings were seen around THB 2.8M and above. 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 was Plum Condo Chaengwattana Station completed?
The building was completed in 2016. The transfer timing for a selected resale unit is agreed with its seller.
Sources and documents
Reviewed: developer materials and public records. We publish no outbound links.
- Government / official registry — Document: public/issue-focus-detail/010_013 checked 07.10.2026
Read next
Related
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.