Silom · Resale · Pace Development
Ritz-Carlton Residences MahaNakhon
Resale · branded ultra-luxury · MahaNakhon
Iconic 77-storey sky residence with branded Ritz-Carlton service standards. Foreign-quota resales surface periodically. Tenant pool: senior global executives and family offices.
Photo via ritzcarlton.com
Khorna Score · proprietary
vs portfolio · solid
How we score this unit · the breakdown.
Six components, weighted to reflect what actually drives foreign-investor outcomes in Bangkok property. Yield + appreciation are 50% of the score. The rest is the data that distinguishes a good unit from a great one. Read the methodology →
Cash yield after fees and taxes
Expected capital gains p.a.
Monthly searches in Thailand
F&B, gyms, malls within 800m
Resale exit speed + BTS access
Track record + balance sheet
Cash flow · what you actually keep
Gross rent today, after fees, after tax.
Gross rent
150,000 THB
per month, before any fees
Annualised
1,800,000 THB
After 10% mgmt fee
132,000 THB
per month after Maison Siam · 6 months free for new buys
Annualised
1,584,000 THB
Net to you · annual
1,370,844 THB
after mgmt + juristic (60,840 THB) + 10% tax
Per month
114,237 THB
Numbers are estimates based on our underwriting model. Actual rent depends on unit size, floor, view, and timing. Juristic fee uses 65 THB/sqm/month average. Tax assumes 10% effective for Thai-domiciled foreign rental income · treaty crediting against home-country tax may reduce this further. We model your specific situation in the shortlist.
Live market data
What the market actually says about this unit.
DDproperty asking
449k THB/sqm
Median across 19 live listings
+40% vs our underwriting (320k)
Within 800m walk
40 F&B venues
- · 20 gyms · 20 malls
- · 20 schools · 20 hospitals
- · 1 BTS/MRT station · 14 supermarkets
Google Places (May 2026)
Buyer search demand
20 /mo
Monthly searches for this project name in Thailand.
Ahrefs (May 2026)
The numbers above are live · pulled from DDproperty listings, Google Places, and Ahrefs search-volume data, refreshed monthly. We do not invent comps or wave away weak signals.
Underwriting · Khorna model
The numbers, audited.
Net yield (Y1)
5.5%
after fees, taxes, voids
Appreciation
6.5%
p.a. (5y projection)
Occupancy
88%
DTV long-stay weighted
TCO foreign
17%
all-in over hold
Detail
- Rental estimate
- 150,000 THB · 2-bed furnished
- Management fee
- 12% of rent
- Price range
- 28M to 280M THB
- Price per sqm
- 320,000 THB
- BTS / MRT
- 100m to BTS Chong Nonsi
- Unit types
- 1 bed, 2 bed, 3 bed, Penthouse
- Completion year
- 2016
DTV suitability
Premium fit. Branded service appeals to wealthy long-stay tenants.
Tags
Returns by unit size
Smaller yields more. Bigger appreciates more.
1 bedDTV / digital-nomad sweet spot. Highest demand, fastest re-let.
2 bedFamily + LTR pensioner core. Balance of yield and capital growth.
3 bedFamily expat tenants on long postings. Lower yield, stronger capital growth.
PenthouseTrophy stock. Strongest capital growth, thinnest tenant pool, longest re-let.
Location · BTS proximity · walkability
Where it sits.
Brass rings · 5 min (400m) · 10 min (800m) · 15 min (1.2km) walk
Silom
Chong Nonsi
0m · 0 min walk
Silom
Saint Louis
695m · 9 min walk
Silom
Sala Daeng
775m · 10 min walk
Blue
Si Lom
845m · 11 min walk
Request the underwriting
Want the full Ritz-Carlton Residences MahaNakhon deck?
We send the model, comp set, and three follow-on candidates if this one is gone. No spam, no pressure.