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The Thamm Iconic Onnut-Motorway

The Thamm Iconic Onnut-Motorway is a completed two-storey townhouse estate in Lat Krabang, on the eastern side of Bangkok.

BangkokBased on developer material

Cover image of The Thamm Iconic Onnut-Motorway, Bangkok

From 2,390,000 THBPer broker listings. Current price list, layouts and availability — discussed one-to-one with a project specialist

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What it is
Townhouse
Where
987 Soi Lat Krabang 3 / Pracha Thon Road, Lat Krabang, Lat Krabang District, Bangkok 10520, Thailand · Bangkok
Stage
Completed · 2023
Price
From ฿2,390,000guide price, final by unit
Transparency
10 facts confirmed · 7 to verify
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Why this project is worth a look

Landed living in Lat Krabang

The appeal is a private two-storey home and plot rather than a high-rise address. It is strongest for households whose daily geography already includes Lat Krabang, Suvarnabhumi and the eastern Bangkok road network.

Two clear house formats

Metris and Bauhaus keep the original choice simple: roughly 107 or 118 sq m, one or two parking spaces and more flexible room capacity in the larger plan. Resale alterations can change that logic, so the actual house should be inspected against its documents.

Simple shared amenities

Security, access control, CCTV and a communal garden cover the essentials without creating a resort-style facility package. The trade-off is that buyers should judge the value mainly through the private home, plot and estate management rather than a clubhouse.

Resale value is house-specific

Current asking levels sit roughly in the THB 2.39M–2.69M range, but plot size, extensions, renovation and exact position can materially change one resale from another. The lowest portal price is a market anchor, not a universal project valuation.

Foreign land rights matter

A freehold resale listing does not solve the foreign-land-ownership issue. Foreign buyers need the land title, building rights and transaction structure checked before committing funds, with no reliance on nominee arrangements.

About the project

The Thamm Iconic Onnut-Motorway is a completed two-storey townhouse estate in Lat Krabang, on the eastern side of Bangkok. It sits on Pracha Thon Road within a residential pocket that connects out through Soi Lat Krabang 1 and Soi Lat Krabang 3. Its proposition is quite different from a central Bangkok condominium: buyers get a landed home, a modest plot and road access toward the motorway, Airport Rail Link Lat Krabang and Suvarnabhumi Airport. That makes the estate most relevant to households whose work, school or travel patterns are already centred on eastern Bangkok rather than buyers trying to minimise commute time to the traditional CBD.

The developer identity is unusually well supported for a small low-rise project. Initial Estate Co., Ltd. hosts the current official project page, while DDproperty, Home.co.th and BaanFinder independently name the same developer. FIABCI Thailand also lists The Thamm Iconic Onnut-Motorway under Initial Estate and records a 2022 FIABCI-Thai Prix d’Excellence award in the Residential (Low Rise) category. An award should not be treated as evidence that every resale home is in good condition, but the record is useful when confirming project identity and separating Iconic from the other The Thamm estates clustered nearby.

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That distinction matters because the immediate area contains several similarly named developments from the same brand family. The Thamm Onnut-Motorway, The Thamm 2, The Thamm Signature and the later The Thamm Begin are separate projects. Iconic is the 138-unit estate covered here, with its own Bauhaus and Metris house types and a reported project land area of 11 rai and 43 square wah. A resale in The Thamm 2 should not be used as a price or specification comparable simply because the names and location look almost identical.

The original product range was straightforward. Metris is the smaller two-storey townhouse at about 107 sq m with one parking space, while Bauhaus is about 118 sq m with two spaces. Both have a frontage of roughly 5.2 metres. Initial Estate's current page presents both as three-bedroom, two-bathroom homes and gives Bauhaus an additional multipurpose room. A detailed 2022 review described some of those spaces as two bedrooms plus flexible rooms, which likely reflects how the floorplan can be configured rather than a different physical house. On a resale, the actual room arrangement and any owner alterations matter more than the original sales label.

Shared facilities are intentionally limited. Initial Estate confirms 24-hour security, CCTV, a communal garden and controlled access, while Think of Living also documented an estate-management building by the entrance, a 12-metre main road and 9-metre secondary lanes. There is no confirmed resort-style clubhouse, common swimming pool or large fitness centre in the core project specification we reviewed. For some buyers that is a benefit because the estate is primarily about the private home rather than shared leisure facilities. For others, especially anyone comparing it with a condominium or a newer master-planned community, the common-area offer may feel sparse.

Transport works best with a car. Think of Living measured both Airport Rail Link Lat Krabang and the nearest motorway access at about 2.9 km, with Suvarnabhumi Airport at roughly 6.7 km. Initial Estate also positions the project around connections to On Nut, Lat Krabang, King Kaeo, Rom Klao, Kanchanaphisek and the motorway network. The useful nuance is that the estate itself is inside the local street network rather than beside the rail station. A resident can combine road travel with the Airport Rail Link, but this is not a development where most people will simply walk out of the gate and board a train.

Daily services are concentrated along Lat Krabang Road and the wider district. The project sources repeatedly identify The Paseo Mall, Robinson Lifestyle Lat Krabang, Makro, Sirindhorn Hospital and King Mongkut’s Institute of Technology Ladkrabang as key destinations. Distance figures vary between the developer page and third-party reviews, so they are better treated as area context rather than precision travel promises. The practical point is that the district has established retail, healthcare and education, but reaching them from the estate is normally easier by private transport.

The 2026 resale market tells a different story from the original launch pricing. DDproperty has shown asking prices around THB 2.39M to THB 2.69M for project listings, and a September 2026 listing offered a 107 sq m home at THB 2.69M after a reduction from THB 2.8M. In 2022, the original project review quoted launch-level pricing of about THB 2.79M for Metris and THB 3.05M for Bauhaus. The comparison is useful not as a performance calculation, but as evidence that an old developer price list is no longer a reliable way to value a specific resale. Plot size, renovation quality, extensions, furniture, exact position and seller motivation now have more influence.

Foreign ownership needs careful treatment because this is landed housing. DDproperty labels the resale tenure as freehold, which is a description of the property right being sold; it is not a promise that a foreign purchaser can register the underlying land directly in their own name. Thai government guidance confirms that direct foreign ownership of land is generally restricted, apart from narrow statutory exceptions with specific conditions. A foreign buyer therefore needs transaction-specific legal advice on the land title, the registered owner, rights to the building, any lease arrangement and all encumbrances before a deposit becomes non-refundable. Nominee ownership structures should not be treated as a workaround.

Construction is another resale-specific point worth checking. Think of Living describes the houses as using a Tunnel Form structural system, where walls and slabs are cast as an integrated structural shell. In practical terms, a buyer should not assume that major wall changes are simple just because the floorplan looks flexible. Structural alterations need to be checked against the original design and reviewed by a competent professional. The same project review notes that the rear service yard was piled to match the main house, which suggests the original design anticipated practical use of that zone. Even so, a particular resale may have acquired later extensions after handover. During inspection, it is sensible to compare the present layout with the documents, examine extension joints, look for water ingress and cracking, and assess the roof, electrical work and plumbing. On a completed townhouse, the quality of owner modifications can matter more to future costs than the way the original sales brochure labelled each room.

In practical terms, The Thamm Iconic works best as a relatively accessible landed-home option for people who genuinely want to live in eastern Bangkok. The development itself is easy to understand: a verified developer, 138 townhouses, two original house formats and straightforward common facilities. The due diligence sits at the individual-home level. A buyer should inspect additions and renovations, confirm the usable area and plot shown on title documents, check estate fees and arrears, and verify the legal ownership route. Buying 'the project' is not enough; the actual resale house determines whether the deal makes sense.

Ownership format

DDproperty describes the listed homes as freehold, but that does not mean a foreign buyer can freely register the underlying land in their own name. Direct foreign land ownership in Thailand is generally restricted, so the building and land rights must be checked separately against the title and transaction documents.

Home types & sizes

Metris — 3 bedrooms
107 sqm
2 bathrooms

A two-storey townhouse with an approximately 5.2-metre frontage and one parking space. The current official page lists three bedrooms; earlier material treated some space as flexible, so a resale home's actual configuration should be inspected.

Bauhaus — 3 bedrooms
118 sqm
2 bathrooms

The larger two-storey format, with an approximately 5.2-metre frontage, two parking spaces and an additional multipurpose room in the developer's current specification.

These cards describe the original developer house types. Resale listings may count bedrooms or usable area differently after furnishing, extensions or alterations; the physical home and its documents should control the purchase analysis. 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

Security

  • 24-hour security
  • CCTV
  • controlled vehicle and visitor access

Shared spaces

  • communal garden
  • estate-management space by the entrance

Location

  • The estate sits on Pracha Thon Road and connects to Lat Krabang Road through Soi Lat Krabang 1 and Soi Lat Krabang 3.
  • Airport Rail Link Lat Krabang is about 2.9 km away in the 2022 independent location review.
  • The nearest motorway access is also quoted at about 2.9 km in that review.
  • Suvarnabhumi Airport is approximately 6.7 km away in the Think of Living review; actual travel time is traffic-dependent.
  • The wider district includes The Paseo Mall, Robinson Lifestyle Lat Krabang, Makro, Sirindhorn Hospital and King Mongkut’s Institute of Technology Ladkrabang.

Address / landmark987 Soi Lat Krabang 3 / Pracha Thon Road, Lat Krabang, Lat Krabang District, Bangkok 10520, 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 2.39M on the DDproperty project inventory checked on 14 Sep 2026. This is a lower resale-market asking-price anchor, not a current developer price list; availability, condition, plot size and transaction terms need to be confirmed for the individual home.
  • Completed: 2023

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 2023. 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.

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

DeveloperInitial Estate Co., Ltd.
LocationBangkok
CategoryTownhouse
SubtypeTwo-storey gated townhouse community
ConstructionCompleted
Floors2
Units138
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Best for: Families seeking a private two-storey home in eastern Bangkok rather than condominium amenities.; Residents whose work or daily routine is tied to Lat Krabang, Suvarnabhumi or Bangkok's eastern employment corridors.; Car-owning households that value motorway access and can combine driving with the Airport Rail Link when useful.; Resale buyers prepared to assess the specific house, plot, alterations, condition and title documents.; may not suit: Buyers who require genuinely walkable rail access and everyday services without relying on a car.; Anyone prioritising a large clubhouse, common pool, gym and resort-style shared facilities.; Foreign buyers whose non-negotiable requirement is simple direct ownership of the underlying land in their own name..

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 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

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 differs across sources: DDproperty and the original construction schedule point to 2023, while PropertyHub and ZmyHome state 2022. The main record uses 2023 because it matches both the original schedule and DDproperty.
  • Resale advertisements vary in bedroom count and stated internal area. The original house plans are supported by the developer page, but the selected resale must be checked against the physical property and its documents.
  • DDproperty labels current listings as freehold, but that does not establish that the same land ownership can be registered to a foreign buyer. The selected transaction requires a separate title and building-rights review.

FAQ

What does a home in The Thamm Iconic Onnut-Motorway cost?

From 2,390,000 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 The Thamm Iconic Onnut-Motorway due for completion?

2023. 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 checked 14.09.2026
  2. Government / official registry checked 14.09.2026

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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.