The Ricco Town Phahonyothin–Saimai
The Ricco Town Phahonyothin–Saimai is a completed neighbourhood of two-storey townhouses in northern Bangkok.
Bangkok

From 2,526,000 THBPer broker listings. Current price list, layouts and availability — discussed one-to-one with a project specialist
Quick — 10-second read
- What it is
- Townhouse
- Where
- Soi Sai Mai 35, Sai Mai Road, Khwaeng Sai Mai, Khet Sai Mai, Bangkok 10220, Thailand · Bangkok
- Stage
- Completed · 2017
- Price
- From ฿2,526,000guide price, final by unit
- Transparency
- 10 facts confirmed · 7 to verify
Gallery
Photographs from the project’s materials.
Why this project is worth a look
A house-sized layout
The original plan offers three bedrooms across two floors in about 116 sq m. That flexibility works for many families, but the owner takes responsibility for repairs that apartment buildings would usually share.
A defined estate scale
With 124 houses, the community is easy to understand as a low-rise neighbourhood. Estate management, road upkeep and the actual security service deserve more attention than the headline unit count.
Established rail access
The Green Line now reaches Khu Khot, unlike when early sales material was written. Daily convenience still depends on how a resident travels from the estate gate to the station.
No construction wait
The estate was completed in 2017, so buyers can inspect the real setting. They also need to investigate alterations, roofing, moisture problems and the chain of ownership of the individual resale house.
Land makes comparisons harder
Asking prices change with plot size and house condition even when the original layout is similar. The land document, permitted additions and transfer arrangements are often more revealing than a superficial price-per-bedroom comparison.
About the project
The Ricco Town Phahonyothin–Saimai is a completed neighbourhood of two-storey townhouses in northern Bangkok. Its proposition is quite different from buying a city-centre condominium: the home has its own entrance and an associated land plot, there are shared walls, and much of the maintenance responsibility falls on the household. The development contains 124 houses. The original product was a three-bedroom, two-bathroom design of roughly 116 square metres with two intended parking spaces. For buyers who need defined rooms rather than an open-plan apartment, that is a useful starting point. It is not, however, a promise that any particular resale property still matches the original plans.
Getting the identity right is essential here. The address for this scheme is Soi Sai Mai 35. The same developer subsequently marketed The Ricco Town Phahonyothin–Saimai 53, a separate development with 233 homes and different house types. Online project databases do not always separate the two correctly: PEQUENO and GRANDE, for example, are names associated with the Sai Mai 53 development, not evidence of a broader unit mix at Sai Mai 35. An advertisement that quotes four bedrooms, three bathrooms or a 133-square-metre GRANDE layout might be describing a different address entirely. Before comparing prices, confirm the soi number and estate entrance.
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The location sits off Sai Mai Road in Bangkok's Sai Mai district, not on the Phahonyothin main road despite the project's name. A detailed contemporary review places the estate entrance roughly 550 metres into Soi Sai Mai 35. That distinction affects everyday convenience. A position away from the main road may mean less direct exposure to passing traffic, but errands and connections still involve travelling along local streets. The access network includes Sai Mai and Lam Luk Ka roads. Journey times change with congestion, so a useful test drive is the one that matches the school run or the work commute, not a quiet weekend visit.
Poonpholsap Co., Ltd., trading as PPS Asset, is the developer behind the Ricco brand. Its current corporate website identifies the company and lists newer housing projects. For Sai Mai 35, Home.co.th labels the original developer sales as closed. That tells a buyer where to direct their attention in 2026: the stock to examine is individually owned resale property, rather than a standardized launch inventory with one set of payment terms. Brochure specifications still help identify the original design, but they do not establish what a seller can deliver today. Booking deposits, timelines and included fixtures must be agreed with the actual seller.
Completion is consistently recorded as 2017, with one detailed review identifying December of that year. The advantage is tangible: streets, neighbouring houses and an established pattern of estate use can all be observed. The trade-off is that the buyer inherits years of wear and possibly alterations. At inspection, the roof, drainage, plumbing, bathroom waterproofing and visible cracks deserve as much attention as finishes. An added room or enclosed carport can be a genuine benefit to the owner while still raising questions about permits, ventilation and the legal boundary. A recent renovation should be assessed for what was repaired, not merely for how new it looks.
The original house frontage was approximately 5.65 metres, with a starting plot size of 17.9 Thai square wah. Those measurements matter more than they first appear to. The frontage governs how the entrance, vehicles and front rooms share limited space; the plot plan governs what can actually be occupied or extended. Marketing materials allowed for two cars, but a real household may have fitted gates, planters or a storage room in what used to be an open forecourt. Bring the actual vehicles, or at least their dimensions, when checking a house. Never treat two advertised spaces as two guaranteed usable bays without measuring the site.
Three bedrooms across two storeys offer a straightforward family arrangement. One can serve as a children's room, another as a home office, and the third as the main bedroom. Two bathrooms are workable, though buyers with a larger household may find them a limitation during busy mornings. Stairs are another practical consideration that a listing often underplays. A family with an elderly parent, a mobility requirement or plans for a ground-floor bedroom should inspect the existing layout rather than assume that a downstairs living area can safely or legally become a bedroom. The original floor plan is the reference, not the last word.
The shared facilities are deliberately modest. Earlier project descriptions identify a landscaped common area, an estate management office, security and CCTV at the entrance. They do not reliably establish an on-site swimming pool, gym or shuttle service for Sai Mai 35. Some listing portals show extensive amenity menus that appear to be generic or confused with the larger Sai Mai 53 project. A buyer looking for amenities as part of the lifestyle should see them in operation, ask who maintains them and establish which are included in the current common-area fee. An amenity mentioned in a database is not a contractual entitlement.
Khu Khot station has been operating on the BTS Green Line since December 2020. That matters because older descriptions of this northern Bangkok area were written when the rail extension was still in the future. Public transport is now a real option, but the location should not be sold as an apartment-style, station-front address. Mapping portals give different distances from their project pins, and the walking experience depends on the actual route, crossing points and weather. Someone commuting daily should test a complete door-to-platform journey, including the first and last stretch through local roads.
The surrounding neighbourhood is established rather than dependent on future master-planning. Project reviews and location directories describe schools, everyday shopping and medical services in the broader Sai Mai area, including Big C outlets and local schools. These are useful elements of daily life, particularly for an owner-occupier. Their presence does not settle whether a specific school has places, whether a child can cross the road safely or whether a supermarket remains convenient without a car. The practical comparison is between the actual estate gate and the destinations that matter to a household, not between lists of place names in sales brochures.
Resale asking prices show why this is a house-by-house market. The lowest public reference found in October 2026 was THB 2.526 million for house 88/14, listed as asset 3A1805 by asset manager SAM through ZmyHome. That advert identifies a 19.8-square-wah plot, but whether the house can still be purchased, and on what terms, has not been confirmed. Another advert first posted in March 2026 quoted THB 2.59 million; other properties have been marketed for around THB 2.8 million or more. These are asking prices for different houses, not achieved sale prices or a measured project-wide price range. Land size, extensions, repair history and legal title can make two seemingly similar listings poor comparables.
There is an especially important distinction for international buyers: these are houses associated with land, not condominium units. A listing marked 'freehold' commonly describes the title being offered to a purchaser legally entitled to register Thai land. It does not create freehold eligibility for a foreign individual, and the condominium rule that permits foreign ownership within a 49% quota has no application to this townhouse estate. Thai land law has narrow, permission-based exceptions, but these are not the normal route for purchasing a townhouse. A long-term registered land lease and separate rights relating to the structure may be possible in some transactions, yet neither can be inferred from a resale advertisement. Nominee ownership arrangements should not be used as a workaround.
For an eligible land buyer, the due-diligence pack starts with the actual title document, the seller's identity and authority, any registered mortgage or other encumbrance, and the precise plot boundaries. Building documents matter too, particularly if a home has been extended at the front or rear. A comfortable enclosed kitchen, for example, may improve daily use while still affecting drainage or encroaching on a common area. The seller should explain the relationship between any title, building rights and existing modifications using documentary evidence, not only photographs or verbal assurances. The purchase agreement should make clear exactly what is included, when possession passes and who pays the transfer-related costs.
Recurring estate charges are another detail that cannot be reliably standardized from the public material. One portal quotes a rate of 62 baht per area unit but shows an inconsistent unit of measurement across its language versions. An owner listing reports a different monthly figure, and a separate portal gives an annual estimate dated 2024. Rather than choose whichever number looks cheapest, ask for the current management invoice applicable to the actual plot, a statement of arrears and the estate rules. Those documents tell buyers what they will pay and, at least partly, how consistently common roads, landscaping and security are being maintained.
The strongest case for Sai Mai 35 is therefore practical rather than speculative: an already-built three-bedroom home in a functioning northern Bangkok neighbourhood, with the trade-offs of townhouse living visible before purchase. It suits someone comfortable with local road travel, routine property upkeep and a document-led resale transaction. It is much less straightforward for a foreign buyer who needs personal ownership of the land or for someone seeking resort-style common facilities and hands-off short-stay management. Treat the advertised entry price as one piece of evidence. The decisive facts are the particular plot, the condition of the actual building, the affordability of its upkeep and the legal form the buyer can genuinely hold.
Ownership format
These townhouses involve a land plot as well as the building. Freehold title is relevant to purchasers legally eligible to own Thai land; a foreign individual generally cannot register the land in their own name, and the 49% condominium foreign quota does not apply. A registered long-term land lease and any separate building rights would require their own legal documentation; no such structure is verified for a specific property here.
Home types & sizes
The original two-storey layout, on a plot starting at 17.9 Thai square wah. The frontage was approximately 5.65 m and the original scheme allowed for two car spaces. Later owners may have altered the interior or extended the building.
Only one original layout is supported for Sai Mai 35; PEQUENO and GRANDE are plans associated with Sai Mai 53. Individual resale plots can differ from the standard minimum. The 116 sq m figure describes the original product, not a verified survey of every resale house, and the lowest advertised asking price is not a current developer price list. 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.

Pleno Phaholyothin - Saimai
Same district; a different housing format

Lio Elite Watcharapol - Saimai
Same district; a different housing format

Golden Town Phaholyothin-Saphanmai
Same district; a different housing format

Pruksa Ville 64 Sai Mai
Same district; a different housing format
Facilities
4 amenities
Shared grounds
- Communal landscaped area
- Estate management office
Security
- Security provision described in original project materials
- Entrance CCTV described in original project materials
Location
- Address: Soi Sai Mai 35, off Sai Mai Road, Sai Mai district, Bangkok 10220; this is not the distinct project on Soi Sai Mai 53.
- A detailed 2018 review described the entrance as approximately 550 metres along the soi; this is a published reference, not a new route calculation.
- BTS Khu Khot is operational on the Green Line following the December 2020 extension; actual door-to-platform access needs checking.
- Sai Mai and Lam Luk Ka roads connect the wider area, with peak-hour conditions affecting the usefulness of each route.
- Local schools, shopping and healthcare serve the wider neighbourhood, but exact routes and practical access vary by destination.
Address / landmarkSoi Sai Mai 35, Sai Mai Road, Khwaeng Sai Mai, Khet Sai Mai, Bangkok 10220, 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
- Sai Mai Homes: Townhouses, Watcharapol and BTS Access →
The district guide explains everyday context. Check the specific unit, price and documents separately.
Price & purchase terms
- Current price: From THB 2.526 million in an advertised asset-management resale at Sai Mai 35 (SAM asset 3A1805, listed on ZmyHome; checked 10 October 2026). This is the lowest public asking-price reference found, not a confirmed available house or a completed transaction price. Verify stock, sale conditions and title documents with a specialist.
- Completed: 2017
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.
Project stage — what we know
Completed in 2017. Not a render.
Visit in person and inspect the actual townhouses; 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: A family wanting three separate bedrooms, two storeys and its own entrance rather than a condominium corridor.; A purchaser legally eligible to hold Thai land and seeking a completed townhouse for personal occupation.; A Bangkok resident comfortable with Sai Mai and Lam Luk Ka road travel who does not need a station-front home.; A buyer prepared to assess a resale building as it exists today, including renovation quality and repair needs.; A household with vehicles willing to check the usable parking arrangement at the specific property and maintain its own building.; may not suit: A foreign individual expecting a routine personal freehold transfer of the land: condominium foreign-quota rights do not apply.; Anyone needing step-free daily living or a guaranteed fully compliant bedroom at ground level.; Buyers expecting a verified swimming pool, gym or full-service condominium amenity programme at Sai Mai 35.; Investors seeking a proven short-term rental operation or evidenced return projections; the public data do not establish either..
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.
- Current common-area charges are not established: sources variously quote 62 baht per area unit, around THB 1,000 monthly for one house, and a THB 14,400 annual estimate dated 2024; PropertyHub's Thai and English versions also disagree on the area unit.
- Some directories attach the PEQUENO and GRANDE plans and an extensive amenity list to Sai Mai 35. Those house plans are documented by the developer for the separate Sai Mai 53 development and are not treated as verified features here.
- The individual plot's land title, permissions for alterations, registered encumbrances and any lawful foreign-buyer tenure structure remain unverified. Listings alone do not establish these rights.
FAQ
What does a home in The Ricco Town Phahonyothin–Saimai cost?
From 2,526,000 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 was The Ricco Town Phahonyothin–Saimai completed?
The building was completed in 2017. 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: issue-focus-detail/010_007 checked 10.10.2026
- Government / official registry — Document: issue-focus-detail/010_011 checked 10.10.2026
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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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