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Victory Monument (Ratchathewi) condo market

Victory Monument · Ratchathewi district, Bangkok · data from November 2026

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

Median asking price
฿133,102
per m²
Median rent
฿25,000
per month
Gross yield
5.1%
same-size units
Listed for sale / rent
1,500 / 3,200
condos

New supply pipeline

4 condo projects

4 planned

  • FYNNXPlanned · EIA approved May 2022
  • FYNNXPlanned · EIA approved May 2022
  • โครงการอาคารชุดพักอาศัยรวม 38 ชั้น ชั้นลอย 1 ชั้น และชั้นใต้ดิน 3 ชั้น ของบริษัท อินเทลลิเจ็นซ ดีเวลลอปเม้นท์ จำกัดPlanned · EIA approved Dec 2021
  • โครงการอาคารชุดพักอาศัยรวม 38 ชั้น ชั้นลอย 1 ชั้น และชั้นใต้ดิน 3 ชั้น ของบริษัท อินเทลลิเจ็นซ ดีเวลลอปเม้นท์ จำกัดPlanned · EIA approved Dec 2021

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 (Ratchathewi)?

The median asking price for a condo in Victory Monument (Ratchathewi) is ฿133,102 per square metre (asking prices, November 2026). Half of the listings ask between ฿115,572 and ฿167,406 per m². The median listing asks ฿5,994,999.

How much is condo rent in Victory Monument (Ratchathewi)?

The median asking rent for a condo in Victory Monument (Ratchathewi) is ฿25,000 per month (asking prices, November 2026). Half of the listings ask between ฿22,000 and ฿31,000 a month.

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

The gross rental yield in Victory Monument (Ratchathewi) 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 (Ratchathewi) oversupplied?

About 1,500 condos are listed for sale and 3,200 for rent in Victory Monument (Ratchathewi), a sale-to-rent ratio of 0.46. That is less supply for sale, relative to rental demand, than the Bangkok average (0.68). Our overall read for the area: tight supply.

Are new condos being built in Victory Monument (Ratchathewi)?

Yes – 4 condo projects are in the pipeline in Victory Monument (Ratchathewi): 4 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฿133,102
Middle half of asking prices per m²฿115,572 – ฿167,406
Median listing price฿5,994,999
Median monthly rent฿25,000
Middle half of monthly rents฿22,000 – ฿31,000
Median rent per m²฿605
Gross rental yield (same-size units)5.1%
Condos listed for sale1,500
Condos listed for rent3,200
Sale-to-rent ratio0.46
Price sample (listings)60
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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