
Phra Khanong · New build · Magnolia Quality Development Corporation
New build · 6 foreign units · Cloud 11 corridor
Price from
4.8M
Net yield
6.5%
Appreciation
8.4%
p.a.
Khorna Score
A+
83/100
Verdict
MODEST EDGE
Transit
350m
BTS Phra Khanong
MQDC's tech-forward mixed-use tower in the Phra Khanong / Cloud 11 catalyst corridor. Completed 2023 with mature ops. Six foreign-quota units remaining at handover pricing.
Khorna Verdict reasoning · refreshed monthly
Khorna Score A+ (83/100). DDproperty asking is 11.428571428571429% above our access price · typical developer-direct or off-market advantage. Real but not exceptional.
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
Studio purchase price · ฿5,600,000 THB
Gross rent
฿41,417
per month, before any fees
Annualised
฿497,004
After Maison Siam (20%)
฿33,134
all-in mgmt · leasing + ops + tax filing · 6 months free on new builds
Annualised
฿397,603
Net to you · annual
฿335,379
after mgmt + juristic (24,960 THB) + 10% tax
Per month
฿27,948
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
projected195k THB/sqm
Area-baseline projection · data refresh pending for this listing
+11.4% vs our underwriting (175k)
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
6.5%
after fees, taxes, voids
Appreciation
8.4%
p.a. · 5y projection
Occupancy
92%
DTV-weighted
TCO foreign
14.2%
all-in over hold
Detail
DTV / LTR fit
Strong. BTS-adjacent, creative-class corridor, mid-tier pricing for digital-nomad budget.
Amenities
Tags
Returns by unit size
Location · BTS / MRT proximity
BTS Sukhumvit
On Nut
580m · 7min walk
BTS Sukhumvit
Phra Khanong
1127m · 14min walk
BTS Sukhumvit
Bang Chak
1695m · 21min walk
BTS Sukhumvit
Ekkamai
1908m · 23min walk
Available inventory · Whizdom Avenue
Price range
4.8M to 12M THB
Foreign quota
6 units available
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.