If we talk about “Ladkrabang”, many people might think of it as a suburban area, home to industrial estates and more of an industrial zone than a residential one. However, little do they know that Ladkrabang has been positioned as a location to accommodate expansion, with plenty of job opportunities, lifestyle options, and high demand. It’s not as quiet as one might think; new condos are selling out quickly. This article will take you on an in-depth exploration of Ladkrabang to understand what it’s really like and why it’s not a desolate area.

Ladkrabang: A Condo Location with Low Density, Selling Out Every Time

Ladkrabang has a relatively low supply of condos, with only 1-2 projects launched each year, and some years seeing no launches at all. The supply of condos grew steadily between 2010 and 2014 and again from 2017 to 2018, but since then, no new condos have entered the area. Due to the limited supply, condos in Ladkrabang sell out quickly, with some projects closing sales in just 1 to 4 months. The launch prices have also been steadily increasing; ten years ago, the launch price was around 30,000 - 40,000 THB per square meter, while in 2023, it has doubled to 72,000 THB per square meter.

Currently, there are 2 condo projects for sale in the Ladkrabang area, located towards the industrial estate. A new project, dcondo Air Ladkrabang, is set to launch for the first time in 5 years. This low-rise condo consists of 8 floors and 541 units from Sansiri, located on Ladkrabang Road, providing easy access to the city and just a 10-minute drive to Suvarnabhumi Airport. It’s also close to the Airport Rail Link at Ladkrabang.

Previously, Sansiri ventured into this area in 2010 with the launch of dcondo On Nut - Suvarnabhumi, which received an excellent response, selling out in just over a month. With a starting price of 1.75 million THB in a conveniently located area, this project is sure to receive a positive reception.

Exploring the Area Around dcondo Air Ladkrabang

Looking at the overall land use in Ladkrabang from the Bangkok master plan, most areas are low-density residential, reflecting its role as a location for expansion. However, there are designated commercial centers (marked in red) that serve as lifestyle and shopping hubs in three zones: the Hua Takhe Market area, the area opposite Soi Chalong Krung 31 (in front of the Ladkrabang Industrial Estate), and the corner of the Romklao intersection. These large plots of land are awaiting development, and it will be interesting to see what projects come in the future. Additionally, there are large job sources from industrial areas and warehouses (marked in purple), government institutions (marked in blue), and Suvarnabhumi Airport nearby.

Even though dcondo Air Ladkrabang is not located in the commercial zone, the actual land use shows that from Soi Ladkrabang 12 to Soi Ladkrabang 20, there is a concentration of shopping malls and lifestyle venues, making it another central lifestyle zone in Ladkrabang.

Ladkrabang Road and Transportation Networks

Ladkrabang is an expanding area with transportation advantages, connecting to major roads that allow for quick travel across the city, such as the Kanchanaphisek Road and the Bangkok-Chonburi Motorway. Additionally, secondary roads like Ladkrabang Road, Sukhumvit 77, and King Kaew Road connect to important locations such as Srinakarin, Pattanakarn, Bangna, On Nut, and the end of Sukhumvit. The Airport Rail Link also provides direct access to Asoke or Phaya Thai in one trip.

Lifestyle Amenities in the Surrounding Area

In addition to accessing lifestyle amenities within a 1 km radius, which is the lifestyle hub of the area, there are several locations such as Robinson Lifestyle, The Paseo, Makro Food Service, HomePro, and Lotus On Nut within a 10 km radius, or reachable within 20 minutes from dcondo Air Ladkrabang.

  • Within 3 km, travel time under 15 minutes: Hua Takhe Market, Suvarnabhumi Market, Lotus Ladkrabang
  • Within 5-10 km, travel time under 20 minutes: iPlace Lifestyle Center, V Market, Samakorn Place, The Paseo Town (Ramkhamhaeng), Marketplace Bangkapi, Thanya Park, Seacon Square, Paradise Park, Mega Bangna, and Central Village

Major Job Sources and Demand Not to Be Overlooked

The Ladkrabang area has more job sources than many people expect. The workforce from these sources includes residents both within and outside the area, totaling over 62,740 people from industries, educational institutions, the airport, and hospitals.

  • Ladkrabang Industrial Estate: The largest job source in the area, home to 166 factories with a circulating capital of over 364 billion THB, hosting several well-known companies such as Foodland, Unilever, Khaosong, Johnson & Johnson, and Mitsubishi, employing over 27,670 people.
  • King Mongkut's Institute of Technology Ladkrabang: A large educational institution with approximately 2,450 staff and a total of 27,747 students.
  • Hospitals: Ladkrabang has two medium and large hospitals, namely Sirindhorn Hospital and Ladkrabang Hospital, employing a total of 898 staff.
  • Suvarnabhumi International Airport: The airport provides jobs primarily for personnel who often live close to their workplace, especially staff from the Airports of Thailand working at Suvarnabhumi Airport, totaling 3,975 people.

Average Condo Returns of 5.8% Per Year

With continuous demand from job sources and educational institutions flowing into the area, contrasted with the limited supply of condos, condos in Ladkrabang are in high demand among renters. The rental rates for condos in the area are as follows: studio units (22 - 29 sq.m.) rent for 5,000 - 7,000 THB per month, 1-bedroom units (26 - 36 sq.m.) rent for approximately 6,000 - 11,000 THB per month, and 2-bedroom units (40 - 50 sq.m.) rent for 10,000 - 14,000 THB per month. Rental yields can range from 4.5% to 6.8% per year, which is quite a good return given the accessible condo prices and reasonable rental rates.

The resale prices for second-hand condos in this area average around 43,000 - 80,000 THB per square meter, with price growth (Cap Gain) estimated at around 4% - 6% per year.

Live Life to the Fullest with dcondo Air Ladkrabang

dcondo Air Ladkrabang is an 8-story low-rise condo with 2 buildings and a 1-story clubhouse, situated on approximately 5 rai of land with a total of 541 units. It offers 1 Bedroom and 1 Bedroom Plus options, as well as garden-access units. Room sizes start from 23.50 to 45.06 sq.m., with parking available for 30% of the units.

The dcondo Air Ladkrabang project is designed under the concept of “Stay Well-Rounded”, aiming to provide a safe zone for residents both physically and mentally through four main aspects:

1. Well Location Rounded: A location that makes life easier, surrounded by complete amenities, ensuring convenient travel close to Suvarnabhumi Airport and the Airport Rail Link at Ladkrabang.

2. Well Environment Rounded: A safe and well-designed environment that connects with nature, allowing residents to live amidst a serene riverside atmosphere.

3. Well Facilities Rounded: Comprehensive common areas including a welcoming lobby, co-working space, laundry facilities, a gym with equipment, a swimming pool, a first-floor garden with relaxation areas, 24-hour security, CCTV, and electric vehicle charging stations, ensuring peace of mind.

4. Well Space Rounded: Fully furnished units designed to reflect a well-rounded lifestyle, with various room types available, including garden-access units that bring residents closer to nature.

A Condo That Meets the Needs of the Local Community

dcondo Air Ladkrabang is a project that can meet the needs of both local and non-local residents, especially those working at Suvarnabhumi Airport and in the Ladkrabang area. The project is conveniently located just 10 minutes away from the airport, with easy access to Ladkrabang Road for commuting. It’s also near the Airport Rail Link station at Ladkrabang for quick access to the city center, and the project includes common areas and room functions that cater to relaxation.

The project also appeals to parents of students and teachers from King Mongkut's Institute of Technology Ladkrabang (KMITL) looking for convenient housing for their children, just a 10-15 minute drive to the university. The condo is affordable, making it a better option than renting dorms or apartments, providing both privacy and security, and serving as a future asset that can be rented out or sold later.

Additionally, it meets the needs of investors looking for condo investment opportunities. This project is highly appealing due to its location with diverse demand from industries, educational institutions, the airport, and hospitals, along with relatively low condo prices and good rental income potential.

dcondo Air Ladkrabang is a condo that balances your life in every aspect, surrounded by lifestyle amenities and convenient transportation options, close to both the Airport Rail Link and Suvarnabhumi Airport. Enjoy a simple life with a condo that allows you to live well every day, with prices starting at 1.75 million THB. For more information, register at http://siri.ly/QkAmWq8.