XVI The Sixteenth Condominium

The original unit mix is straightforward: studios from 27.2 sqm, one-bedroom units from 32.9 to 53.4 sqm, and two-bedroom layouts around 66.6 to 67.5 sqm. That gives the building a useful spread between compact city apartments and a limited number of larger homes without turning it into a family-oriented high-rise. The 2026 resale market is narrower than the historic mix. Recent public listings are concentrated around one-bedroom units of roughly 39–44 sqm, while studios and two-bedroom apartments appear less consistently. Buyers should therefore treat the published unit range as a description of the building, not as a promise of what can be purchased today.

As of 6 September 2026, the lowest sufficiently fresh sale listing we could verify was THB 3.8M for a 39 sqm one-bedroom apartment. PropertyHub had a 43 sqm one-bedroom refreshed in early September at THB 4.43M, with other 43–44 sqm apartments offered higher. A separate marketplace shows a studio at THB 2.49M, but the page only says it was updated more than 30 days ago, so we have not used that figure as the public starting anchor. That distinction matters in a resale building: the cheapest headline can reflect an occupied unit, Thai quota status, renovation needs, a motivated seller or simply an old listing. The decision should be based on the specific apartment and its paperwork, not a portal’s minimum-price filter.

The quota status of the low-priced listing is particularly relevant. The building is marketed as a freehold condominium, but the THB 3.8M unit we inspected is marked as Thai quota. Foreign freehold in Thailand is not a project-wide entitlement that attaches to every resale apartment. Foreigners may own units only within the statutory foreign quota, capped at 49% of the total unit area of the registered condominium. Before paying a reservation or deposit, a foreign buyer should have the condominium juristic person confirm the quota position for that exact unit. If an agent says a Thai-quota unit can be converted, the remaining foreign-quota capacity and transfer documentation should support that claim at the time of transfer.

The shared facilities are typical of an urban condominium from this period: swimming pool, gym, reception or lobby area, landscaped common space, parking, access control, CCTV and 24-hour security. Several project databases also list a shuttle service. In a completed building, these are not future amenities; they are physical assets that can be inspected. For a building of this age, the useful questions are operational: how well the pool and gym are maintained, whether lifts and waterproofing have been renewed when needed, what major works are planned, and whether the juristic person has adequate reserves. We did not find reliable current project-wide figures for parking allocation, sinking-fund balance or a single confirmed common-area fee schedule.

Location is the clearest structural reason to consider XVI The Sixteenth. It sits inside Khlong Toei’s Sukhumvit 16 / Rama IV street network, with Queen Sirikit National Convention Centre on the MRT Blue Line as the closest rail station. Public sources quote roughly 0.3 to 0.7 km depending on the map point and route used, so walking time should be checked from the actual entrance rather than copied from a portal. The broader advantage is connectivity: the building is close to the convention-centre business district, Rama IV and the Sukhumvit corridor without being directly on a major arterial road. That also means the final approach uses local sois, which is worth walking in daylight and in the evening before deciding whether the micro-location suits daily life.

The main research limitation is developer attribution. Home.co.th, FazWaz and several databases identify Alpine Asset Co., Ltd., while DDproperty, Lazudi and a number of Thai listing platforms attribute the project to AP (Thailand). We use Alpine Asset Co., Ltd. as the primary registry value because it appears in both a Thai project archive and a major project database, but we did not locate a surviving primary developer document or permit record that conclusively resolves the history. This does not create doubt about the physical identity of the condominium: the address, building scale, unit mix and project name align across the sources. For a resale buyer, the current unit title, the juristic person’s records, debt-free certificate, seller identity and transfer eligibility are more important transaction documents than a historic marketing attribution.