Work Place Phetkasem 81-2

The estate itself is relatively focused. SC Asset’s current project page and a 2026 Home.co.th profile both state 106 units on 11 rai 2 ngan 34.1 sq wah. The live developer page highlights a main park, CCTV, access control and security. Launch-era reviews add details such as a fire alarm system, perimeter fencing and common parking. What the project does not appear to be is an amenity-heavy residential compound. Its proposition is the building format: a large multi-level property that can absorb both private and working functions. Buyers comparing it with a newer townhouse estate should therefore separate the value of internal usable area from the value of shared facilities. Someone who wants a pool, clubhouse and a long list of lifestyle amenities may find a more conventional residential project easier to justify.

SC Asset’s 2018 annual report places Workplace Petchkasem 81-2 among projects launched that year and identifies V. Land Property Co., Ltd. as the operating company. V. Land is shown in SC Asset’s corporate disclosures as a subsidiary. A later SC Asset filing with information as of the end of 2023 still lists the project within the group’s low-rise portfolio. The exact completion year is less clean: PropertyHub says 2018, Tooktee says 2019, while another database gives 2020. For a 2026 buyer, that disagreement matters less than the physical inspection of the actual property. This is a completed, established scheme with resale stock, so condition, maintenance, alterations, frontage, plot size and the legal status of the selected unit are now more decision-relevant than a single marketing completion date.

Asking prices show the split between developer positioning and the resale market. In October 2026, PropertyHub displayed a resale unit at THB 4.1M for 175 sqm, with other refreshed listings around THB 4.9–4.99M. SC Asset’s own live page still presents a THB 5.29–8M range, while Home.co.th showed a THB 5.59M starting figure in August 2026. Those figures should not be averaged into a synthetic project price: they refer to different inventory, conditions and channels. The useful approach is unit-by-unit comparison. For a 175 sqm resale, check the land plot, renovation quality, position in the row, frontage exposure, parking, commercial suitability and any alterations. For the larger 223 sqm format, the extra width and floor area may matter more to an operating business than a headline price per square metre.

Foreign ownership requires a separate layer of caution because these are landed properties, not condominium units. None of the project sources reviewed provides a project-specific foreign ownership route or the title details for an individual resale. A foreign buyer should not assume that the condominium foreign-freehold quota applies here. The land title, registered owner, encumbrances, building ownership and any proposed lease or other structure need to be reviewed for the exact property before money is committed. The project can still be relevant to an international buyer with a lawful structure and a clear use case, but the legal path is not something the marketing name resolves. Nominee arrangements should not be treated as a shortcut.

Resale due diligence also needs to go beyond the original brochure because a live-work building can evolve more dramatically than a conventional home. One owner may preserve the lower floors as office or retail-facing space; another may convert them into bedrooms, storage, a studio or back-office rooms. A viewing should therefore test how the building works today: what alterations have been made, whether access between business and private areas is sensible, where staff and visitors actually park, whether deliveries can be handled without blocking neighbours, and whether the electrical and mechanical setup suits the intended operation. Open sources did not provide a reliable current common-fee figure, so that cost should come from the seller’s latest statements rather than an old portal entry or an estimate based on another estate. The same applies to alterations and arrears. Before a deposit, a buyer should see the title documents, recent estate charges, management rules and evidence for any structural or use-related changes. In a home-office project, those details can determine whether the property is genuinely fit for purpose.