
Thonglor · Resale · Grande Asset Hotels & Property (original)
Resale · in-place lease · Sukhumvit 13
Price from
9.8M THB
Net yield
5.6%
Appreciation
5.4%
p.a.
Khorna Score
A
76/100
Verdict
BUY NOW
Transit
240m
BTS Nana / 600m
Vetted 1-bed resale in Grande Asset's Hyde Sukhumvit 13 · between Asok and Nana with double-BTS walking access. Currently leased to a digital-nomad tenant at 42,000 THB until Q3 2026. Day-one yield. Owner moving abroad.
Khorna Verdict reasoning · refreshed monthly
Khorna Score A (76/100). DDproperty median asking is 62.23404255319149% above our access price · this is a rare situation (typically off-market, distressed, or pre-launch quota). We commit to negotiating within 5% of our seed price · or we adjust the verdict.
Khorna Score · proprietary 100-point ranking
Last refreshed · May 2026 · methodology
vs portfolio · top tier
Yield + appreciation are 50% of the score (weighted to what foreign investors actually underwrite). The remaining 50% is liquidity, demand, walkability, and developer quality · the data that distinguishes a good unit from a great one. Same methodology across the entire portfolio · A+ means the same thing in Mandarin Oriental Residences as in Tela Thonglor. Read the full methodology →
Cash yield after juristic, mgmt, tax
Source · Khorna underwriting · 10-year DCF
Expected % p.a. over 5-year hold
Source · Khorna underwriting · area-level baseline + project adjustments
Monthly TH searches for project name
F&B, gyms, malls, transit within walking distance
Source · Google Places API (NEW) · live data
Inventory type + BTS / MRT proximity
Source · Khorna ruleset · resale + BTS proximity bonus
Track record + balance sheet (SET 56-1)
Refresh cadence
Demand · monthly Ahrefs pull. Walkability · monthly Places refresh. Yield + appreciation · re-run quarterly. Quality · annual SET-filing review.
Same methodology, every unit
We don't tilt scores to favour units we want to sell. The formula is public · weights are public · raw data is auditable on /how-we-score.
Conflict policy
Higher-commission projects don't score higher. We surface conflicts in the underwriting deck if relevant. Score is not influenced by our payout.
Cash flow · what you actually keep
Unit type · changes the model
1 bed purchase price · ฿7,896,000 THB
Gross rent
฿48,528
per month, before any fees
Annualised
฿582,336
After Maison Siam (20%)
฿38,822
all-in mgmt · leasing + ops + tax filing · 6 months free on new builds
Annualised
฿465,869
Net to you · annual
฿389,798
after mgmt + juristic (32,760 THB) + 10% tax
Per month
฿32,483
FX rate: 1 THB = 0.0307 THB · refreshed 2026-04-30. Tax assumes 10% effective for Thai-domiciled foreign rental income · treaty crediting against home-country tax often reduces this further.
How Bangkok compares
TH · Bangkok prime
6%
net yield p.a.
Entry: ~$280K
SG · Singapore prime
2.5%
net yield p.a.
Entry: ~$1400K
HK · Hong Kong prime
2%
net yield p.a.
Entry: ~$2100K
JP · Tokyo prime
4%
net yield p.a.
Entry: ~$800K
UK · London prime
2.5%
net yield p.a.
Entry: ~$1500K
FR · Paris prime
2.5%
net yield p.a.
Entry: ~$900K
US · New York prime
3.5%
net yield p.a.
Entry: ~$1200K
AU · Sydney prime
3%
net yield p.a.
Entry: ~$950K
Bangkok prime delivers 2.4x the net yield of Singapore / Paris / London prime and at roughly a fifth of the entry price. The yield gap is structural · Bangkok is still being priced as a yesterday-Asia city, not the safe-haven capital it has become. See our analysis.
Live market data
Area asking median
projected305k THB/sqm
Area-baseline projection · data refresh pending for this listing
+62.2% vs our underwriting (188k)
Within 800m walk
Amenity data syncing.
Buyer search demand
Below indexable threshold · this is a quiet/exclusive listing.
Ahrefs (May 2026)
The numbers above are live · pulled from public listings, Google Places, and Ahrefs search-volume data, refreshed monthly. We do not invent comps or wave away weak signals.
Underwriting · the numbers
Net yield Y1
5.6%
after fees, taxes, voids
Appreciation
5.4%
p.a. · 5y projection
Occupancy
92%
DTV-weighted
TCO foreign
14.4%
all-in over hold
Detail
DTV / LTR fit
Strong DTV / digital-nomad fit. Sukhumvit 13 is a known nomad corridor.
Amenities
Tags
Returns by unit size
Location · BTS / MRT proximity
BTS Sukhumvit
Nana
192m · 3min walk
MRT Blue
Sukhumvit
776m · 10min walk
BTS Sukhumvit
Phloen Chit
795m · 10min walk
BTS Sukhumvit
Asok
861m · 11min walk
Available inventory · Hyde Sukhumvit 13 · 1-bed resale
Price range
9.8M THB
Foreign quota
Status updated weekly
Gated inside · request to unlock
Why we gate this · unit-level inventory changes weekly. We send you the version that's live this week, with our active recommendation on which unit fits your profile. No sales pressure, no copy-paste reply · Alexandre or Etienne respond directly within 24 hours.
Talk to us
We send the full underwriting deck, the current foreign-quota allocation, floor-by-floor unit availability, and our specific recommendation for your situation.