฿10,000,000(฿100,000/m²)
3 Beds 2 Baths 100 m² Condo ROI 5%
Siam Condominium
29 Soi Rama 9 Soi 3, Huai Khwang, Bangkok 10310
17
Floors
1
Towers
1985
Established in
218
Units
About Siam Condominium Condo
Siam Condominium is a condominium project, located at 29 Soi Rama 9 Soi 3, Huai Khwang, Bangkok 10310. Construction of Siam Condominium was completed in 1985. The development comprises 1 building(s), with 17 floors and 218 units.
Our verdict on Siam Condominium
A 1985 building a short hop from Central Rama 9 and the MRT, with more space per baht than the newer towers around it and upkeep to match its age. Siam Condominium's large two- and three-bedroom units are advertised well below the Rama 9 towers around it, and that discount is what you are buying. Buy it for size and location at an old-building price; go in expecting old-building maintenance and a juristic office that recent reviewers are not happy with.
Who Siam Condominium suits
Suits a family or sharers who want 70–120 sqm in the Rama 9 business district without paying new-tower rent, and a buyer who values cross-ventilation and natural light over facilities. It does not suit a buyer who wants a full facilities deck — portals disagree on whether there is even a pool, so assume there is not until you have seen it — or anyone expecting a modern lobby and fast repairs.
Is Siam Condominium a good investment?
Advertised sale prices run from about ฿53,000 to ฿84,000 per sqm, against well above ฿100,000 for the modern towers around Central Rama 9. Rents for two- and three-bedrooms are advertised at roughly ฿29,000–40,000 a month, which is where the case sits: large units at a low entry price in a district with a steady office-worker rental market. Our own listings in the building currently ask ฿30,000–42,000.
Resale price/sqm: ฿53,000–฿84,000 (indicative — confirm current figures before you buy)
Building age & management at Siam Condominium
The building is about 40 years old, and one portal gives the common fee as about ฿20 per sqm a month — among the lowest we have recorded, which matches the reviews: upkeep is described as basic. Recent complaints focus on shared machines left broken and on the juristic office itself. Ask for the sinking-fund balance and the last AGM minutes, and check lifts, plumbing and the electrical riser before you commit, because a building of this age is where those costs land.
Reselling at Siam Condominium
There is real depth on the rental side — dozens of listings for two- and three-bedrooms — and a thinner set of sale listings at ฿3.9M–9.8M. Buyers of old Rama 9 stock are price-led, so expect to sell on price rather than on the building, and allow for a buyer's inspection turning up age-related work. Thailand publishes no transaction register, so every figure here is an asking price, not a recorded sale.
Living in Rama 9
Rama 9 is Bangkok's newer business district — the Central Rama 9 mall, the office towers around the Ratchada–Rama 9 junction and Fortune Town are all close by, with the Phra Ram 9 MRT station underneath. It is a working district rather than a nightlife one, and the building sits on a side soi off Rama 9 Road rather than on the main road.
Explore the Rama 9 neighbourhood guideCan a foreigner buy at Siam Condominium?
Yes — a foreigner can own a unit at Siam Condominium in their own name, provided the building stays within the 49% foreign-ownership quota set by Thailand's Condominium Act. Purchase funds must be remitted into Thailand in foreign currency and supported by a Foreign Exchange Transaction (FET) form at the Land Office.
Read the full property law & tax guideSiam Condominium vs Belle Grand Rama 9
Belle Grand Rama 9, a 2015 complex of nearly 2,000 units a few hundred metres away, is the modern alternative: full facilities and a new-build finish, at a much higher price per sqm and with far more neighbours. Choose Belle Grand for facilities and a younger building; choose Siam Condominium for more floor area per baht and a building of 218 units.
Compare with Belle Grand Rama 9What residents say about Siam Condominium
What residents praise: Reviewers years apart single out the same design feature: the building is arranged around a central courtyard, which brings natural light and cross-breezes into the units — one calls it rare in Bangkok today. The location is the other constant, with Central Rama 9 and the MRT both close enough to walk.
Common complaints: Recent reviews are critical of upkeep and management. Separate reviewers report shared water and laundry machines left out of order with no one taking responsibility, describe the building as needing better cleaning, and one rates both the building and its juristic office as very poor while conceding that the location is good. Google's score is 3.9 across about 60 ratings.
Siam Condominium Facilities & Amenities
Elevator
CCTV
Parking
Garden / BBQ
24-hours Security
Siam Condominium Building & Exterior
Siam Condominium Facilities & Amenities Photos
Siam Condominium Project Details
Walk to BTS/MRT9 min to MRT Phra Ram 9
TenureFreehold
To airport24.6 km to Suvarnabhumi Airport
About 730 m on the mapped street route to exit 1, although the station is only about 265 m away in a straight line. Reviewers call it a five-minute walk, which suggests a shortcut the street map does not show — time it yourself.
Available Units at Siam Condominium
1 unitsSiam Condominium Location & Neighbourhood
0.4 km to MRT Rama 9
What's Near Siam Condominium? Shops, Dining, Schools & Transit
Notable places within walking distance of Siam Condominium, grouped by how close they are.
Dining(3)
- Homwann≈2 m
- u0e40u0e21u0e35u0e48u0e22u0e07u0e41u0e0bu0e48u0e1a u0e0a.u0e01u0e38u0e49u0e07u0e40u0e1cu0e32 (u0e2au0e32u0e02u0e32u0e14u0e34u0e19u0e41u0e14u0e07)≈42 m
- HEALTHY FOOD LY≈44 m
Shops(3)
- CP Freshmart Head Office≈59 m
- u0e40u0e01u0e35u0e22u0e23u0e15u0e34 u0e01u0e31u0e0du0e08u0e19u0e28u0e34u0e23u0e34u0e01u0e38u0e25 u0e2bu0e49u0e2du0e07 4033≈72 m
- 7-Eleven≈94 m
Healthcare(3)
- u0e23u0e49u0e32u0e19u0e02u0e32u0e22u0e22u0e32 u0e18u0e31u0e0du0e1eu0e23 u0e40u0e20u0e2au0e31u0e0au0e01u0e23≈11 m
- WATSONS FORTUNE TOWN≈74 m
- u0e1au0e23u0e34u0e29u0e31u0e17 u0e1fu0e32u0e23u0e4cu0e21u0e48u0e32u0e2au0e41u0e04u0e27u0e23u0e4c u0e08u0e33u0e01u0e31u0e14≈92 m
Education(3)
- Daehan Korean School (u0e2au0e32u0e02u0e32 Central Rama9)≈166 m
- Math Talent by Dr. Ying Central Rama 9 (u0e40u0e0bu0e47u0e19u0e17u0e23u0e31u0e25u0e1eu0e23u0e30u0e23u0e32u0e21 9)≈179 m
- Worldwide Education Network Co., Ltd (WorldED)≈182 m
Transport(3)
- u0e1bu0e49u0e32u0e22u0e23u0e16u0e40u0e21u0e25u0e4c u0e41u0e02u0e27u0e07 u0e14u0e34u0e19u0e41u0e14u0e07≈86 m
- Fortune Town≈91 m
- u0e2au0e16u0e32u0e19u0e35u0e1eu0e23u0e30u0e23u0e32u0e21 9≈145 m
within 300 mwithin 500 mwithin 1 km
Straight-line distances from Google Places · updated 2026-06-29.
Frequently asked questions
How close is Siam Condominium to the BTS or MRT?
Siam Condominium is 0.4 km to MRT Rama 9. Its position on the Bangkok mass-transit network makes commuting across the city quick and protects the building's long-term rental demand and resale value.
Can foreigners buy a condo at Siam Condominium?
Yes. Siam Condominium is a freehold condominium, so a foreigner can own a unit outright in their own name, provided the building stays within the 49% foreign-ownership quota set by Thailand's Condominium Act. The purchase funds must be remitted into Thailand in foreign currency.
How many units and floors does Siam Condominium have?
Siam Condominium comprises 1 building(s) of up to 17 floors, with 218 units in total. That scale gives the building a deep, regularly-traded pool of units for both sale and rent.
When was Siam Condominium completed?
Siam Condominium was completed in 1985. A building's age is a useful signal when you assess build quality, the state of its common areas and how well it is likely to hold its value.
What facilities does Siam Condominium have?
Siam Condominium offers Elevator, CCTV, Parking, Garden / BBQ, 24-hours Security among its shared facilities. These amenities support both comfortable owner-occupation and stronger rental appeal.
How much does a condo at Siam Condominium cost per square metre?
Resale units at Siam Condominium trade at roughly ฿53,000–฿84,000 per square metre. That band reflects recent asking prices across unit types and floors; the exact figure depends on level, view and fit-out, so confirm current listings before you commit.
