When you hear the name ‘Ladprao-Wanghin’, many people immediately think of a neighborhood filled with delicious restaurants and a great place to live. However, you might be surprised to learn that there haven’t been many new condominium projects launched in this area. With the ongoing development of several electric train lines connecting the city, it’s a perfect time for the Atmoz Palacio Ladprao-Wanghin project to make its debut after several years, starting at an attractive price of just 1.79 million baht*. It also features exciting design elements and the most comprehensive amenities in the area. But before we dive into the project details, let’s take a moment to review what the ‘Ladprao-Wanghin’ area is like and why it’s worth living in.

Getting to Know Ladprao-Wanghin: What is This Area Like?

The Ladprao-Wanghin area is named after its main road, which is only 3.7 km long but is filled with various restaurants, shops, and residences. Originally, this road was known as Soi Chokchai 4 Soi 17 (Wat Ladprao), but due to its ability to connect with several major roads, the area has seen significant growth and has clear boundaries, leading to its renaming as ‘Ladprao-Wanghin Road’, named after Wat Ladprao and Wanghin Village in 2002.

The western side of the area borders the Ladprao Canal, while the eastern side consists of smaller sois, which has led to the main development of the Ladprao-Wanghin area along Ladprao-Wanghin Road. The land use is designated as low-density residential (yellow zone Y.4), accommodating growth from the Phahonyothin area (Senanikom), Ratchadapisek area, and Ladprao area, which are medium to high-density residential areas. This has allowed the Ladprao-Wanghin area to continuously grow over the past 20 years.

Comprehensive Transportation System: Cars and Electric Trains

Ladprao-Wanghin Road is the only main road in the area with four traffic lanes, connecting to major roads such as Prasert Manukij Road, Phahonyothin Road, Ratchadapisek Road, and Ladprao Road. It also connects to the Sangkha Songkhram Road, leading to the Ramintra Expressway. Additionally, the transportation network plan indicates that Soi Ratchada 36 is classified as Type B Road, which will be expanded to 16 meters in the future, further enhancing connectivity in the area.

In addition to the road network connecting various routes, the 2 km radius around the Ladprao-Wanghin area is surrounded by electric train lines, including both Main Lines and Feeder Lines, such as the Green Line (Senanikom Station), the Blue Line (Ladprao Station), the Yellow Line (Chokchai 4 Station), and the Brown Line (Lat Plakhao Station), which is currently under EIA consideration, and the Gray Line (Sangkha Songkhram Station), which is in preparation for submission to the Cabinet for approval to bid for private investment. This will connect Ladprao-Wanghin to all directions, both in the city center and suburbs, increasing the urban character of the Ladprao-Wanghin area and accommodating residents working in nearby zones due to the convenient transportation options.

Access to Job Opportunities at Affordable Prices

Ladprao-Wanghin is a central area that can accommodate residents from nearby job sources in both urban and suburban areas effectively. This includes neighboring zones such as:

  • Ramintra Expressway - Town in Town Area - An expanding area from Ladprao and Huai Khwang filled with large shopping malls and small to medium-sized home offices, especially for studio, production, and organizer businesses, where most people typically drive to work.
  • Phahonyothin-Kaset Area - An expanding area in northern Bangkok that has seen exciting growth with the arrival of the Green Line, featuring a variety of job sources including office buildings, government agencies, major public and private offices, educational institutions, and hospitals.
  • Ratchada-Rama 9 Area - A new business district (New CBD) with over 500,000 square meters of office supply and several new mixed-use developments, serving as a job source for both Thai and foreign professionals.

A Great Place to Live and Eat with Abundant Amenities

The Ladprao-Wanghin area is another urban residential area with diversity, offering affordable housing and abundant amenities. Although there are no large shopping centers within the area, residents can easily access nearby shopping centers such as Central East Ville, The Crystal, Union Mall, and Central Ladprao.

For grocery shopping, this area has both Lotus’s and Makro, along with numerous dining and drinking hangouts such as The JAS Wanghin and Plaza Lagoon. The area is also rich in famous restaurants like Sang Ped Phalo, Lertthip Wanghin, Cheng Sim Yi, Suki Teenoi, Damrong Moo Tod, Somyot Khao Tom, Yang Noy, Suki Jinda, Jok Sam Yan, and Thawichai Ped Phalo, ensuring that residents will never go hungry.

Rental Returns for Condos in “Ladprao-Wanghin”

TerraBKK has surveyed the rental market for apartments in the “Ladprao-Wanghin” area and found that the average monthly rent for apartments is between 6,000-9,000 baht. The most popular apartment sizes for rent are around 24-35 square meters, suitable for 1-2 residents. Most apartments are concentrated behind Chandrakasem Rajabhat University, as the majority of tenants in this area are students, educational staff, court officials, and employees working nearby.

Regarding rental returns for condos in the Ladprao-Wanghin area, the average rental price is around 310 baht per square meter per month. The most popular rental units are 1-bedroom apartments ranging from 24-40 square meters, with rental prices starting from 8,000 to 14,000 baht per month. Studio units of 22-24 square meters follow, with rents between 7,000-11,000 baht per month. The most commonly rented units are smaller, catering to 1-2 residents, which meets the needs of students and office workers, yielding a Rental Yield of up to 6% per year. In terms of resale prices in this location, they can be sold for 55,000 - 85,000 baht per square meter, generating a Capital Gain of around 3% - 4% per year.

Atmoz Palacio Ladprao-Wanghin: The Only New Condo in the Ladprao-Wanghin Area in Recent Years

The overall condominium market in the “Ladprao-Wanghin” area has not seen many developers entering the market. New condos are rare, as most developments are concentrated in Ratchada 32 or Phahonyothin Soi. However, a new project has recently launched: Atmoz Palacio Ladprao-Wanghin from AssetWise, which has recognized the market gap due to limited supply and high demand in the area, combined with the potential of the location that offers convenience and accessibility, close to three electric train lines, making it an ideal living area.

Atmoz Palacio Ladprao-Wanghin is a new condo located in the heart of the Ladprao-Wanghin area, a low-rise project with 8 floors and 4 buildings, offering 755 units and 4 retail shops. The units come in various sizes ranging from 24.00-34.90 square meters, fully furnished. The project boasts extensive amenities with over 33 activities and green spaces for residents to relax and refresh in a serene environment.

Affordable Condo Prices: Buying is Better than Renting

Atmoz Palacio Ladprao-Wanghin starts at 1.79 million baht*, with a price per square meter starting at 86,500 baht, making it easily accessible. The payment plan is manageable, making it suitable for those who want to own a condo. Instead of paying monthly rent for an apartment/condo, you can invest that money into purchasing a condo with a bank loan. Monthly payments would range from 8,600 - 13,000 baht, calculated with an interest rate of 3% - 6.75% over 30 years (interest rates vary by bank). In the long run, buying is more cost-effective than renting, as monthly rents typically range from 7,000 - 11,000 baht. By adding a little more money, you can own a condo. The advantage of owning a condo is the ability to rent it out or sell it later. Choosing to live in a condo meets lifestyle needs better than renting an apartment, offering more privacy and a more secure environment, along with comprehensive amenities with over 33 activities to cater to various interests.

Your Place is Your Palace: A Modern Classic Twist Condo with Hidden Luxury

Palacio in the project’s name is inspired by the concept and design of a Palace. While the exterior appears simple, every detail conceals the luxury of a palace. This concept is reflected in the architecture, decoration, and landscape design. From the outside, the grandeur of the project is evident, including a two-story partition area that separates the privacy of residents while maintaining a luxurious feel with a monochromatic color scheme to highlight the materials stylishly. The symmetry of shapes, including straight lines, curves, and angles, is harmoniously blended. The interior decoration creates contrast with vibrant colors, graffiti, and youthful fashion, redefining the concept of luxury in this project, showcasing a simple yet sophisticated style for modern individuals with a strong sense of self, unlike any other project in this area.

 

Modern Classic Twist: Minimalist Yet Elegant, High Fashion

The common areas of the project maintain the ‘full-on’ style typical of AssetWise, offering over 3,169.63 square meters of common space, which is hard to find in other projects in this area. The common areas feature up to 33 activities, including two swimming pools, decorated in a Classic With a Twist style that attracts attention with vibrant colors and modern furniture while retaining a classic elegance in the interior design. Just the initial atmosphere images released by the project should excite fashion and design lovers. Examples include:

  • The Emperor’s Lobby - primarily uses white tones, interspersed with patterns and colors that create contrast, including curved lines that add novelty and attract attention.
  • Fitness - an orange tone that creates an atmosphere of enthusiasm, fully equipped with exercise equipment, and offers a private jacuzzi.
  • Outdoor Jacuzzi - decorated in green tones, incorporating black and white patterns for differentiation, providing privacy, with a highlight being the ceiling designed to resemble water waves, enhancing a uniquely relaxing atmosphere.
  • Panoramic Co-Working Space - suitable for both solo and group use, decorated in cool and dark tones to create a working atmosphere while also incorporating colors and shapes in the decor for relaxation.
  • Play Room - features a space for watching movies and lounging, highlighted with red against black, adding warmth and fun.
  • Kids Club - decorated under the concept of an amusement park, using yellow to attract attention, with play equipment for children of all ages.
  • The Royal Hall - located next to the swimming pool, featuring a solemn blue tone reflecting the concept of Blue Blood or the aristocracy, but adding fun and rebellion with round balls on the ceiling, accommodating co-kitchen, BBQ, and pool parties.

It must be said that the Ladprao-Wanghin area has not seen many new projects for a long time, while infrastructure development around the area is progressing. The introduction of a new condominium project like Atmoz Palacio Ladprao-Wanghin, starting at only 86,500 baht per square meter or 1.79 million baht*, with extensive common areas and distinctive design, is not to be missed for anyone looking for an affordable condominium in this zone. You can now visit the sample room at the sales office. Book today and receive an iPhone 14 in yellow worth 32,900 baht immediately* when you show this post, along with an additional discount of 30,000 baht. Register at https://bit.ly/41pd05Z