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Victory Monument (Phaya Thai) condo market

Victory Monument · Phaya Thai district, Bangkok · data from November 2026

Supply read: Tight supply (score +3 on a −10 to +10 scale)

Median asking price
฿132,911
per m²
Median rent
฿23,000
per month
Gross yield
5.1%
same-size units
Listed for sale / rent
670 / 1,100
condos

New supply pipeline

2 condo projects

2 planned

  • โครงการ เซ็นเตอร์วัน เรสซิเดนซ์Planned · EIA approved Dec 2022
  • Accent AriPlanned

New supply: projects from Thailand's environmental approval (EIA) register. Buildings under 80 units or 23 m need no EIA, so this is a lower bound; unit counts are shown only where published.

Questions buyers and renters ask

How much does a condo cost in Victory Monument (Phaya Thai)?

The median asking price for a condo in Victory Monument (Phaya Thai) is ฿132,911 per square metre (asking prices, November 2026). Half of the listings ask between ฿107,625 and ฿168,728 per m². The median listing asks ฿6,300,000.

How much is condo rent in Victory Monument (Phaya Thai)?

The median asking rent for a condo in Victory Monument (Phaya Thai) is ฿23,000 per month (asking prices, November 2026). Half of the listings ask between ฿20,000 and ฿30,000 a month.

What rental yield can I expect in Victory Monument (Phaya Thai)?

The gross rental yield in Victory Monument (Phaya Thai) is about 5.1%, comparing asking rents with asking prices for units of the same size. Net yield after vacancy, fees and tax is lower.

Is Victory Monument (Phaya Thai) oversupplied?

About 670 condos are listed for sale and 1,100 for rent in Victory Monument (Phaya Thai), a sale-to-rent ratio of 0.60. That is close to the Bangkok average (0.68). Our overall read for the area: tight supply.

Are new condos being built in Victory Monument (Phaya Thai)?

Yes – 2 condo projects are in the pipeline in Victory Monument (Phaya Thai): 2 planned with EIA approval in the last five years, according to Thailand's environmental approval register. New supply competes with existing listings for buyers and tenants. Buildings under 80 units need no EIA, so the real number can be higher.

The numbers in full

Median asking price per m²฿132,911
Middle half of asking prices per m²฿107,625 – ฿168,728
Median listing price฿6,300,000
Median monthly rent฿23,000
Middle half of monthly rents฿20,000 – ฿30,000
Median rent per m²฿547
Gross rental yield (same-size units)5.1%
Condos listed for sale670
Condos listed for rent1,100
Sale-to-rent ratio0.60
Price sample (listings)59
Rent sample (listings)59

Asking figures from public listings, collected 2026-11-01. They are not achieved transaction prices. How we measure.

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