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The Parkland Phetkasem

The Parkland Phetkasem is a completed condominium on Bangkok’s western side, positioned on Phetkasem Road around Lak Song MRT. That completed status is the starting point for any sensible assessment.

BangkokBased on developer material

Cover image of GOOD DAY More Bangmod, Bangkok

From 2,190,000 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
1139 Phetkasem Road, Bang Khae, Bang Khae District, Bangkok 10160, Thailand · Bangkok
Stage
Completed
Price
From ฿2,190,000guide price, final by unit
Transparency
10 facts confirmed · 7 to verify
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Developer context

Who is behind this project

Developer
Narai PropertyPrivate companyOpen developer profile →
Track record
Narai's corporate timeline spans several property cycles and product types rather than one recent condominium series.Company data; check the specific project independently.
Projects with us
6
Transparency
Public records and project documents are used for checking
Developer transparency index: From public data

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

Established rail access

Lak Song is an operating Blue Line station, not a future transport promise. That gives both an owner-occupier and a tenant a clear way to move around Bangkok without depending on a car. The same location also brings road exposure, so the practical question is not simply 'near MRT' but which side of the building the apartment faces and how it sounds at the hours that matter.

A visible resale market

The building has an active pool of sale and rental listings on major platforms. Buyers can compare actual condition, furnishing and floor positions rather than relying on a launch brochure. The downside is variation: two nominally similar units may have had a decade of very different ownership, maintenance and renovation histories.

Known building scale

With 895 units across 28 floors, this is a substantial urban condominium rather than a boutique block. The scale supports meaningful shared facilities and a broad resale market, but it also makes lift performance, parking demand and management quality important. Those are observable issues in a completed project and should be checked during a normal busy period.

Pricing needs context

A low asking price in the THB 2M range can be attractive, but it is only a starting point. Unit direction, floor, renovation quality, title status and seller urgency can move value materially. A foreign buyer should also confirm that the chosen unit can actually be transferred within the building’s foreign quota before treating a listing labelled freehold as transaction-ready.

About the project

The Parkland Phetkasem is a completed condominium on Bangkok’s western side, positioned on Phetkasem Road around Lak Song MRT. That completed status is the starting point for any sensible assessment. A buyer is not underwriting a construction schedule or a promised future neighbourhood; the building, common areas, transport links and resale market already exist and can be inspected. Major project databases consistently converge on the core scale of the development: 28 floors and 895 units. The 1139 Phetkasem Road address is repeated across DDproperty, BaanFinder and other established property sources, while Narai Property’s own corporate history lists The Parkland Phetkasem among its completed condominium developments. The identity check matters because search results also surface The Parkland Phetkasem 56 and The Parkland Phetkasem–Thapra. Those are separate developments with different locations, unit counts and development periods; their specifications should not be mixed into this project.

For day-to-day use, the strongest practical feature is access to Lak Song MRT on the Blue Line. Source distances vary because portals pin different parts of the site or station entrances, but they consistently place the project in the immediate Lak Song/Phetkasem catchment. That can work well for an owner who wants rail access rather than relying on a car for every trip. The trade-off is equally clear: this is a high-rise on a major urban corridor, not a low-density residential lane. Traffic, road exposure and the direction of the unit can therefore matter more than a generic project description suggests. Two apartments with the same floor area may feel very different if one faces a busy road at a lower level while another sits higher with a more open aspect. A viewing should include the corridor, lift wait times, parking areas and noise at the times the buyer would actually be at home.

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The original unit mix is relatively straightforward. Project databases and archived launch-era material generally describe compact one-bedroom homes around 30–35 sqm and two-bedroom homes around 50–60 sqm. Secondary-market listings, however, include units outside those neat bands; recent two-bedroom listings have appeared around 60–73 sqm. That does not necessarily mean the project data is wrong. Over a decade of ownership, units can be combined, altered, marketed under different bedroom labels or simply recorded differently by agents. The safer approach is to treat the original ranges as a guide and then verify the title-deed area and actual plan of the specific apartment. In the smaller units, layout efficiency matters as much as nominal size: storage, bedroom separation, balcony placement and the amount of usable wall space can determine whether a 30–35 sqm unit feels practical for a single resident or couple.

Pricing is now a secondary-market question. DDproperty showed active September 2026 resale listings from roughly THB 2.19M, with several 30–35 sqm homes around the mid-THB 2M range. Two-bedroom asking prices were materially higher, including an active 60 sqm example around THB 5.5M. These are asking prices, not a valuation for every unit in the building. Floor, outlook, renovation condition, furniture, seller urgency and the legal status of the particular unit all affect the number a buyer should be willing to pay. Foreign buyers also need to separate a unit advertised as 'freehold' from actual foreign-quota availability. Thai condominium law permits foreign freehold only within the statutory quota, and the condominium juristic person should confirm that the selected unit can be transferred into foreign ownership before money is committed beyond a protected reservation arrangement.

For a foreign buyer, the transfer mechanics deserve more attention than the word 'freehold' in an advertisement. Thailand’s government guidance states that aggregate foreign ownership in a registered condominium is capped at 49% of the total unit area, and the condominium juristic person provides confirmation of the foreign proportion for the ownership transfer. In practical terms, two otherwise similar apartments in the same project may not present the same route to foreign ownership at a particular moment. An agent’s listing label is therefore not enough on its own. Before committing material funds, the buyer should have the selected unit’s transferability and current foreign-quota position confirmed for that transaction. A resale transfer also involves the condominium’s debt-free documentation, which is a separate issue from the project’s general reputation or amenities. This matters in an active secondary market because every seller has a different ownership history, balance position and transaction timeline.

The most useful way to shop within The Parkland Phetkasem is to compare genuinely similar units rather than anchoring on the cheapest headline price. Start with the same bedroom count and a narrow size band, then compare floor, exposure, outlook, renovation standard, furniture and any changes to the original plan. Only then does the asking-price spread become meaningful. The building has been operating for many years, so the inspection should extend beyond the apartment door: lift lobbies, pool areas, gym equipment, parking circulation and the visible condition of shared finishes all tell a buyer something about day-to-day management. An older completed building is not automatically a weaker purchase than a new launch. Its advantage is that management quality can be observed rather than assumed. The trade-off is that future maintenance, refurbishment and special assessments deserve more attention than they would in a brand-new handover.

Facilities reported across the project sources include a swimming pool, gym, landscaped areas, parking, 24-hour security and CCTV, with some sources also listing a sauna, children’s pool and on-site retail. Older project material places the pool on the sixth floor and a garden at ground level. Because this is an established building, the condition and management of those facilities matter more than the original amenity list. Buyers should see the common areas in person, check how well equipment is maintained and understand any house rules that affect rentals, pets, parking or use of shared areas. Running-cost information also needs a current check. FazWaz presently shows a common-area fee of THB 45 per sqm per month and a THB 450 per sqm sinking fund, while archived launch-era information showed lower figures. For a resale purchase, the latest statement from the condominium juristic person should take priority over historical marketing data.

One final identity point is worth keeping in view when screening listings. The Parkland name appears on several Phetkasem-area projects, and portal search results routinely place them side by side. The Parkland Phetkasem 56 is a different, much larger development in Phasi Charoen, while The Parkland Phetkasem–Thapra sits in another part of the corridor. A resale buyer should therefore match the listing to the 1139 Phetkasem Road address and the seller’s title documents rather than relying on a similar project name or a set of portal photographs. The spelling also varies between Phetkasem and Petchkasem in English-language sources; that transliteration difference is normal and does not by itself indicate a separate development.

Ownership format

A foreign buyer may hold condominium freehold if foreign quota remains available in the building: foreign ownership may not exceed 49% of the total unit area. The condominium juristic person should confirm quota availability for the selected unit before transfer registration.

Unit types & sizes

1 bedroom
About 30–35 sqm
Typically 1 bathroom

The project’s core compact format. Current resale stock includes homes around 30–35 sqm from roughly THB 2.19M, but condition and layouts vary. The title-deed area, bedroom separation and storage should be checked on the specific unit rather than assumed from the listing label.

From about THB 2.19M in active DDproperty listings
2 bedrooms
Original project range about 50–60 sqm; larger resale units also appear
Listings show 1–2 bathrooms

The more family-oriented format. Project sources indicate an original range around 50–60 sqm, while current resale listings also show units up to roughly 73 sqm. That may reflect a different plan or later alterations, so the actual title area and configuration should be verified unit by unit.

Current DDproperty stock includes an example around THB 5.5M for 60 sqm

Layout ranges come from project databases and archived launch-era material. Secondary-market units may fall outside those original bands or use different bedroom labels; the specific floor plan and title-deed area take priority for a transaction. 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

11 amenities

Leisure

  • swimming pool
  • landscaped common areas
  • children's pool reported by some sources

Fitness and wellness

  • gym
  • sauna reported by some sources

Convenience

  • parking
  • small on-site retail reported by some sources
  • lobby

Security

  • 24-hour security
  • CCTV
  • controlled access

How the tower is arranged

  1. Ground levelGarden and part of the common areas in archived project material
  2. 6th floorPool and leisure area in archived project material

Location

  • Address: 1139 Phetkasem Road, Bang Khae, Bangkok 10160.
  • The consistently confirmed transport anchor is Lak Song MRT on the Blue Line; portal distances vary slightly depending on map-pin and entrance placement.
  • The Mall Bang Khae and the wider Lak Song retail cluster sit in the same Phetkasem transport node.
  • The location is more relevant to buyers prioritising western Bangkok and Blue Line access than a central Sukhumvit or Silom address.

Address / landmark1139 Phetkasem Road, Bang Khae, Bang Khae District, Bangkok 10160, 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.

District context

About this district

The district guide explains everyday context. Check the specific unit, price and documents separately.

Price & purchase terms

  • Current price: From THB 2.19M in active DDproperty resale listings checked on 15 September 2026. This is a lower secondary-market asking-price anchor, not a developer price; availability, unit condition, foreign-quota eligibility and transaction terms need to be confirmed for the selected apartment.

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. Not a render.

Completion year to be confirmed, but the building is up — view it in person.

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

Transparency index

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

10documented key facts
7we clarify before bookingwe go through these together, not as stop factors

The project has 10 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
SubtypeCompleted high-rise residential condominium
ConstructionCompleted
Floors28
Units895
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Best for: Owner-occupiers who want a completed condominium with operating rail access and established everyday services.; Buyers working around the lower-to-mid THB 2M range who are comfortable comparing individual resale units by condition, floor and outlook.; Investors who prefer an existing rental market and a clear transport anchor over off-plan promises; returns still need to be calculated from the actual purchase price, achievable rent and current building costs.; Buyers who value being able to inspect the building, facilities and management environment before committing.; Foreign buyers when the selected unit is eligible for transfer within the building’s foreign-ownership quota.; may not suit: Buyers specifically seeking a newly completed building, current-generation common-area design and a fresh developer warranty period.; Anyone wanting a quiet low-rise residential setting away from major roads and transport flows.; Buyers who want to act on the lowest advertised price without checking condition, juristic-person balances, foreign quota and building management..

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 legal entity in the SPA and the payee’s bank details
  • the title format and what is registered against the unit
  • 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.

  • Completed status is consistent, but the exact completion year conflicts: Narai Property’s corporate history places the project in 2012–2014, DDproperty and PropertyScout use 2015, while FazWaz states December 2016. The available evidence does not establish one disputed date as definitive.
  • Sources count the physical structure differently: some describe one building with two towers, while others list two blocks/buildings. The 28-floor height and 895-unit total are consistent.
  • Current building charges need a fresh juristic-person statement: FazWaz shows THB 45/sqm/month and a THB 450/sqm sinking fund, while launch-era archived material lists lower figures.

FAQ

What does a unit in The Parkland Phetkasem cost?

1 bedroom — from about THB 2.19M in active DDproperty listings; 2 bedrooms — current DDproperty stock includes an example around THB 5.5M for 60 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.

Sources and documents

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

  1. Developer's official site checked 15.09.2026
  2. Government / official registry checked 15.09.2026

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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.