Rama 9 · Off-plan · Sena Development
Off-plan · phase 1 pricing · pet-friendly
New-launch off-plan in the Rama 9 corridor at 2024 pricing. Sena Development's mid-market line · pet-friendly, walking distance to MRT and Central Rama 9. Phase-1 entry pricing on a corridor with structural appreciation drivers.
Khorna Verdict
FAIR PRICE
Solid B-tier project (58/100). Pricing roughly fair · acceptable if your priorities match this profile.
Confidence · medium · refreshed monthly from live DDproperty + Ahrefs data
Khorna Score · proprietary
vs portfolio · average
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
฿28,000
per month, before any fees
Annualised
฿336,000
After Maison Siam (20%)
฿22,400
all-in mgmt · leasing + ops + tax filing · 6 months free on new builds
Annualised
฿268,800
Net to you · annual
฿187,164
after mgmt + juristic (60,840 THB) + 10% tax
Per month
฿15,597
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.
Available inventory · The Niche Pride Rama 9
Price range
4.2M to 12M THB
Foreign quota
Phase-pricing live
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.
Live market data
DDproperty asking
Insufficient live listings · we operate from direct developer data.
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 DDproperty listings, Google Places, and Ahrefs search-volume data, refreshed monthly. We do not invent comps or wave away weak signals.
Underwriting · Khorna model
Net yield (Y1)
6%
after fees, taxes, voids
Appreciation
7.8%
p.a. (5y projection)
Occupancy
88%
DTV long-stay weighted
TCO foreign
14.8%
all-in over hold
Detail
DTV suitability
Good. Phase-1 pricing, modern amenities, pet-friendly · 30-50yo professional fit.
Tags
Returns by unit size
1 bedDTV / digital-nomad sweet spot. Highest demand, fastest re-let.
2 bedFamily + LTR pensioner core. Balance of yield and capital growth.
Location · BTS proximity · walkability
Brass rings · 5 min (400m) · 10 min (800m) · 15 min (1.2km) walk
Blue
Phra Ram 9
476m · 6 min walk
Blue
Phetchaburi
1054m · 13 min walk
ARL
Makkasan
1184m · 15 min walk
Blue
Sukhumvit
2340m · 29 min walk
Request the underwriting
We send the model, comp set, and three follow-on candidates if this one is gone. No spam, no pressure.