TL;DR: The Address Asoke is a well-managed high-rise condo near MRT Petchburi, offering studios from 13,000 THB/month and 1-bedrooms from 18,000 THB/month. With a saltwater pool, full gym, 24/7 security, and a 5-minute walk to MRT, it delivers strong value for expats and professionals working in Bangkok's CBD.
If you are considering renting in The Address Asoke condo, you are looking at one of the most practical mid-range options in central Bangkok. Located in the Makkasan-Ratchathewi district near the Petchburi MRT station, this AP Thailand-developed building has attracted thousands of tenants since its completion in 2012 — and for good reason. It combines solid construction quality, sensible floor plans, and a location that connects you to the Sukhumvit business corridor within minutes.
As a property investment consultant who has helped hundreds of foreign clients find homes in Bangkok over the past eight years, I have visited The Address Asoke dozens of times. In this guide, I will share everything you need to know — from actual rental prices and hidden costs to neighborhood tips and the step-by-step process for signing a lease as a foreigner.
Why The Address Asoke Is a Standout Choice for Bangkok Renters
Building Overview and Developer Background
The Address Asoke was developed by AP (Asian Property) Development Public Company Limited, one of Thailand's largest and most reputable developers. Completed in 2012, the building stands 38 floors tall with approximately 490 residential units. AP Thailand is known for its "smart design" philosophy, which in practical terms means you get better space efficiency and soundproofing compared to many buildings in the same price bracket.
What I appreciate about AP's approach is their attention to practical living. The units at The Address Asoke feature reasonable ceiling heights (approximately 2.6 meters), adequate natural light through well-positioned windows, and floor-to-ceiling glass in many corner units. The building was designed with young professionals and small families in mind, and that shows in the layout choices.
Key building specifications:
- Year completed: 2012
- Developer: AP Thailand
- Total floors: 38
- Total units: Approximately 490
- Unit types: Studio (26-30 sqm), 1-Bedroom (35-45 sqm), 2-Bedroom (55-70 sqm)
- Management: Professional building management with 24/7 on-site staff
Key Location Advantages Near Asoke and Petchburi
This is where The Address Asoke genuinely stands out. The building sits on Soi Petchburi 17 (also known as Soi Niam), which puts you within easy reach of three major transit lines:
| Transit Station | Line | Walking Distance |
|---|---|---|
| MRT Petchburi | Blue Line | ~5 minutes (400 meters) |
| MRT Sukhumvit / BTS Asok | Blue & Sukhumvit Lines | ~12 minutes (1 km) |
| Airport Rail Link Makkasan | ARL | ~10 minutes (800 meters) |
From MRT Petchburi, you are just one stop from the MRT Sukhumvit / BTS Asok interchange — the heart of Bangkok's business and entertainment district. Two stops take you to MRT Silom. The Airport Rail Link at Makkasan connects directly to Suvarnabhumi Airport in approximately 25 minutes.
For drivers, the building provides easy access to both Sukhumvit Road and Ratchadaphisek Road (the inner ring road), and the Sirat Expressway entrance is less than 10 minutes away by car.
In my experience advising clients, renting in The Address Asoke condo makes the most sense for people who work along the Sukhumvit corridor or in the Ratchada-Petchburi business area. The dual MRT/ARL access is a significant advantage that many competing buildings cannot match.
Rental Prices at The Address Asoke: What to Expect in 2025-2026
Studio Units: Size, Layout, and Monthly Rent
Studio units at The Address Asoke range from 26 to 30 square meters. These compact but well-designed spaces typically include:
- A combined living and sleeping area
- A kitchenette with built-in counter, sink, and space for a microwave
- A bathroom with shower (some units have bathtub options)
- A small balcony
Average studio rent: 13,000 – 17,000 THB per month
Studios on higher floors with city views tend to command the upper end of this range. Units facing the pool or garden side are generally quieter. Fully furnished studios (which include a bed, sofa, TV, refrigerator, microwave, and air conditioning) typically rent for 1,000-2,000 THB more than semi-furnished ones.
One-Bedroom Units: The Most Popular Choice
One-bedroom units are the most sought-after configuration in the building, and for good reason. At 35-45 square meters, they offer a separate bedroom, a living area that can accommodate a dining setup, and a more functional kitchen space.
Average 1-bedroom rent: 18,000 – 25,000 THB per month
Premium 1-bedroom units on high floors (25th floor and above) with panoramic views can reach 27,000 THB. Corner units with windows on two sides are especially popular and tend to get snapped up quickly.
From my observation, 1-bedroom units represent the best balance of space and cost at The Address Asoke. The 38-40 sqm configurations feel considerably more spacious than the studios, while the rent increase is proportionally modest.
Two-Bedroom Units: Space for Couples and Families
Two-bedroom units at The Address Asoke range from 55 to 70 square meters and are designed for couples who want extra space, small families, or tenants who need a home office.
Average 2-bedroom rent: 27,000 – 35,000 THB per month
These units come with two bathrooms in most configurations, a larger living area, and a kitchen that can accommodate a full-sized refrigerator and washing machine. Some 2-bedroom units also include a maid's quarter or additional storage space.
At 35,000 THB for a high-floor 2-bedroom with good views, you are paying roughly 500 THB per square meter per month — which is competitive for a building this close to the CBD.
Hidden Costs Every Renter Should Know About
This is the section most listing websites do not tell you about. When budgeting for renting in The Address Asoke condo, factor in these additional costs:
| Expense | Estimated Monthly Cost |
|---|---|
| Electricity (government rate) | 1,500 – 4,000 THB (usage-based) |
| Water | 100 – 300 THB (usage-based) |
| Internet (fiber) | 500 – 800 THB |
| Common area maintenance | Usually included in rent |
| Parking (if needed) | Often included, or 1,000-2,000 THB/month |
| Security deposit | 1-2 months' rent (refundable) |
| Advance rent | 1 month upfront |
Important note on electricity: The Address Asoke charges at the government rate (currently approximately 4.45 THB per unit), not the inflated commercial rate that some older buildings impose. This can save you 500-1,500 THB per month compared to buildings that charge 6-8 THB per unit.
Total move-in cost for a 1-bedroom unit at 20,000 THB/month: Expect to pay approximately 40,000-60,000 THB upfront (deposit + first month's rent), with no additional agent fees if you rent directly through our platform.
Amenities and Facilities: What You Get When Renting Here
Pool, Gym, and Recreational Facilities
The Address Asoke offers a solid amenity package that holds up well even compared to newer developments:
- Swimming pool: A good-sized saltwater pool on the recreation deck. It is not Olympic-sized, but adequate for laps and relaxation. The saltwater system is gentler on skin and swimwear compared to chlorine pools — a detail that matters if you swim daily.
- Fitness center: A fully equipped gym with cardio machines (treadmills, ellipticals, stationary bikes), weight training area, and free weights. The gym can get crowded during peak hours (6-8 PM on weekdays), so early morning or late evening workouts are more comfortable.
- Garden and relaxation area: A well-kept garden with seating areas on the same floor as the pool.
- Children's play area: Available for families with young children.
- Reading room / co-working space: A quiet area with tables and seating for remote work.
Security Features and Building Management
Security is comprehensive and well-managed:
- 24-hour security guards at all entrances
- Key card access for lobby, elevators, and amenity floors
- CCTV throughout common areas and parking
- Visitor registration system
- On-site building management office during business hours
In my assessment, the security at The Address Asoke is above average for its price range. The management team has been generally responsive to maintenance requests, and common areas are kept clean and well-maintained despite the building being over a decade old.
Parking and Pet Policy
- Parking: Each unit is typically allocated one parking spot, subject to availability. Additional spots may be available for rent at approximately 1,000-2,000 THB per month. The parking garage is secure and well-lit.
- Pets: The building's pet policy has varied over the years. As of the latest information, small pets (under 10 kg) may be allowed with management approval and an additional deposit. Always confirm the current pet policy with the building office before signing if you have a pet.
The Neighborhood: Living Near Asoke-Petchburi
One of the strongest arguments for renting in The Address Asoke condo is the neighborhood itself. This area sits at the intersection of two of Bangkok's most established commercial districts — Sukhumvit and Ratchadaphisek — giving you access to an enormous range of amenities.
Restaurants, Cafes, and Street Food Within Walking Distance
- Soi Niam (Petchburi 17): The building's own soi has several local Thai restaurants, noodle shops, and street food vendors. You can eat well for 50-80 THB per meal.
- Sukhumvit 21 (Asoke Montri Road): A 10-minute walk takes you to the famous Asoke food scene, including Japanese restaurants on Sukhumvit 21, Korean BBQ spots, and international dining.
- Terminal 21 food court: One of Bangkok's best food courts is a 12-minute walk away on the 5th floor of Terminal 21, offering dishes from 40-120 THB.
- Coffee culture: Several independent cafes and chain coffee shops (Starbucks, Amazon Coffee) are within a 5-10 minute walk.
Shopping: Terminal 21, EmQuartier, and Local Markets
| Shopping Venue | Distance | What You'll Find |
|---|---|---|
| Terminal 21 | 12 min walk | Fashion, dining, cinema, supermarket |
| EmQuartier | 15 min walk | Luxury brands, restaurants, gourmet market |
| Lotus's (Sukhumvit 50) | 5 min drive | Groceries, household items |
| Big C Rajdamri | 10 min drive | Supermarket, retail |
| Local markets on Petchburi Road | 5 min walk | Fresh produce, street food |
Nightlife and Entertainment Options
The Asoke area is one of Bangkok's nightlife hubs. From The Address Asoke, you can walk to:
- Soi Cowboy: Bangkok's famous neon-lit entertainment street (10-minute walk)
- Thonglor's bar scene: A short BTS ride away for craft cocktails and live music
- RCA (Royal City Avenue): A 10-minute taxi ride for clubs and live music venues
- Singha Complex: A newer mixed-use development with restaurants and bars, approximately 800 meters away
If nightlife is not your preference, the building's location on a quieter side street means you can retreat from the energy of Sukhumvit when you want peace and quiet.
Hospitals, Schools, and Essential Services
- Bumrungrad International Hospital: One of Southeast Asia's leading hospitals, approximately 2 km away (10-minute drive)
- Petchavee Hospital: Closer option at roughly 1 km
- Police General Hospital: Accessible via ARL to Phaya Thai station
- International schools: Bangkok Prep (Green Valley campus) and others are accessible by BTS
For daily essentials, 7-Eleven and FamilyMart convenience stores are within a 3-minute walk, and there are several laundromats, dry cleaners, and salons on the building's soi.
How The Address Asoke Compares to Nearby Condos
| Feature | The Address Asoke | Noble Around | ASpace Mobi | Ideo Q Chidlom |
|---|---|---|---|---|
| Location | Near MRT Petchburi | Near MRT Sukhumvit | Near MRT Petchburi | Near BTS Chidlom |
| 1BR Rent (THB/mo) | 18,000–25,000 Best Value | 22,000–30,000 | 15,000–20,000 | 28,000–38,000 |
| BTS/MRT Walk | 5 min to MRT Petchburi | 3 min to MRT Sukhumvit | 4 min to MRT Petchburi | 5 min to BTS Chidlom |
| Completed | 2012 | 2014 | 2016 | 2013 |
| Total Units | ~490 | ~280 | ~400 | ~780 |
| Swimming Pool | ✅ Saltwater | ✅ Standard | ✅ Standard | ✅ Saltwater |
| Fitness Center | ✅ Full gym | ✅ Full gym | ✅ Basic gym | ✅ Full gym |
| 24/7 Security | ✅ Strong | ✅ | ✅ | ✅ |
| Expats Friendly | ✅ Very | ✅ Very | ✅ Moderate | ✅ Very |
| Overall Value Score | 8.5/10 | 7.5/10 | 7.0/10 | 6.5/10 |
Comparison based on 2025 market data. Prices and availability may vary. Value score considers rent-to-location ratio, facilities, and building condition.
Let me provide additional context on these comparisons from my professional experience:
The Address Asoke vs. Noble Around: Noble Around is newer (completed 2014) and closer to MRT Sukhumvit, but rents are approximately 15-25% higher for similar-sized units. If your budget is tight, The Address Asoke offers better value per baht.
The Address Asoke vs. ASpace Mobi: ASpace Mobi is a solid budget option with slightly lower rents, but the building quality and soundproofing are noticeably inferior. The common areas also feel more cramped.
The Address Asoke vs. Ideo Q Chidlom: Ideo Q commands premium rents because of its proximity to BTS Chidlom and Central Embassy. However, for the price difference, I would argue that The Address Asoke's location near MRT Petchburi provides nearly the same connectivity at a much lower cost.
Explore Bangkok condos across different neighborhoods to compare options yourself.
Step-by-Step Guide to Renting at The Address Asoke as a Foreigner
Required Documents and Visa Considerations
To rent a unit at The Address Asoke as a foreign national, you typically need:
- Valid passport with at least 6 months remaining
- Valid visa (tourist, business, education, or work visa are all accepted)
- Work permit (if applicable — not always required but strengthens your application)
- Proof of income or employment letter (some landlords request this)
- Thai bank account details for monthly transfers (recommended but not mandatory)
What most people get wrong: You do not need a work permit to rent a condominium in Thailand. A tourist visa is legally sufficient. However, having a work permit or long-term non-immigrant visa makes landlords more comfortable and may help you negotiate better terms.
Understanding the Lease Agreement
Standard lease terms in Thailand, including at The Address Asoke:
- Lease duration: Typically 12 months (6-month leases are sometimes available at a premium of roughly 10-15%)
- Security deposit: 1-2 months' rent (refundable at lease end, subject to property condition)
- Advance payment: 1 month's rent upfront
- Rent payment: Due on the 1st of each month, usually via bank transfer
- Termination notice: Typically 30-60 days written notice required
- Subletting: Generally not permitted without landlord's written consent
Always read the lease carefully before signing. Key clauses to check include:
- Who pays for repairs and maintenance (landlord should cover structural and appliance issues)
- Under what conditions the deposit may be deducted
- Early termination penalties
- Rent increase terms (if signing a multi-year lease)
Moving In: What to Check Before Signing
Before you commit to renting in The Address Asoke condo, inspect the unit thoroughly:
- Water pressure: Run all taps and showers; check for leaks under sinks
- Air conditioning: Test all AC units on full power for at least 10 minutes
- Appliances: Verify refrigerator, microwave, and washing machine are working
- Locks and keys: Ensure all door locks, key cards, and mailbox keys are provided
- Furniture condition: Document any existing damage with photos and timestamp
- Noise levels: Visit during different times of day if possible, especially evening rush hour
- Mobile signal: Check reception on all mobile networks from inside the unit
- View and light: Higher floors (20th and above) generally have better ventilation and less street noise
Tips for Negotiating Better Rental Terms
Based on my experience helping clients secure favorable lease terms:
- Time your search: The best deals appear during low season (March-June and September-November) when demand drops
- Negotiate the deposit: Some landlords will accept a 1-month deposit instead of 2 months, especially for 12-month leases
- Ask for inclusions: Request that the landlord include internet, quarterly cleaning, or minor upgrades (new pillows, curtains)
- Offer multi-year commitment: If you plan to stay long-term, a 2-year lease can lock in a lower rate
- Use a reputable agent: A good agent can negotiate on your behalf at no cost to you (agents are paid by the landlord in Thailand)
Find available apartments for rent and compare with other Bangkok options on our platform.
Is The Address Asoke a Good Investment for Rental Yield?
While this article focuses on renting, many readers ask about the investment potential. Here is my professional assessment:
Current Rental Yields and Capital Appreciation
For a 1-bedroom unit purchased at approximately 3.5-4.5 million THB (typical resale price as of 2025) and rented at 20,000-22,000 THB per month:
- Gross rental yield: 5.3% – 6.0% annually
- Net yield (after management, maintenance, vacancy): Approximately 4.0% – 4.8%
These yields are above the Bangkok average of 3.5-4.5% for established mid-range condos, according to data from JLL Thailand. The building's location near MRT Petchburi and the upcoming infrastructure developments in the area support continued rental demand.
Long-Term Rental Demand Outlook
Several factors support the long-term rental demand for The Address Asoke:
- MRT network expansion: The ongoing expansion of Bangkok's MRT system increases connectivity from Petchburi station to more destinations
- Petchburi corridor development: New office buildings and mixed-use developments are transforming the Petchburi Road corridor into a secondary business hub
- Limited new supply in the immediate area: Strict zoning and limited land plots mean few competing buildings will be built within a 500-meter radius
- Established expat community: The area has a mature rental market with consistent demand from Japanese, Korean, and Western expats
For those considering renting in The Address Asoke condo from an investment perspective, the building represents a reliable income-generating asset with moderate capital appreciation potential. It is not a speculative play — it is a steady, defensive investment in one of Bangkok's most resilient rental submarkets.
Browse Bangkok property projects for additional investment opportunities across the city.
Final Verdict: Should You Rent at The Address Asoke?
After years of visiting this building and advising clients, here is my honest summary:
Rent at The Address Asoke if:
- You work in the Sukhumvit, Silom, or Petchburi business corridor
- You value MRT proximity and easy airport access
- Your budget is 15,000-30,000 THB per month for rent
- You want a well-managed building with solid amenities
- You are an expat who wants a foreigner-friendly community
Consider alternatives if:
- You need to be directly on the BTS Sukhumvit line (consider Sukhumvit properties instead)
- You want a brand-new building with the latest design trends
- You prioritize proximity to Lumphini Park or the Chidlom shopping district (consider Silom properties)
- You need a 3-bedroom or larger unit
Renting in The Address Asoke condo remains one of the smartest rental decisions in central Bangkok for 2025-2026. The combination of location, building quality, reasonable pricing, and professional management creates a compelling package for both short-term residents and long-term tenants.
Ready to find your next home? Browse property listings on our platform and discover available units at The Address Asoke and similar buildings across Bangkok.
Frequently Asked Questions
How much does it cost to rent a condo at The Address Asoke?
Studio units at The Address Asoke rent for 13,000-17,000 THB per month, 1-bedroom units range from 18,000-25,000 THB, and 2-bedroom units cost 27,000-35,000 THB. Prices vary based on floor level, view direction, furnishing quality, and whether the unit has been recently renovated. Budget an additional 2,000-5,000 THB monthly for utilities and internet.
How far is The Address Asoke from BTS and MRT stations?
The Address Asoke is approximately a 5-minute walk (400 meters) from MRT Petchburi station on the Blue Line. The MRT Sukhumvit / BTS Asok interchange is roughly 12 minutes on foot or one MRT stop away. The Airport Rail Link Makkasan station is about a 10-minute walk, providing direct airport access in approximately 25 minutes.
Can foreigners rent at The Address Asoke without a work permit?
Yes, foreigners can legally rent at The Address Asoke with just a valid passport and visa. A work permit is not required for renting property in Thailand. However, having a work permit or non-immigrant visa may help during the landlord's screening process and could give you slightly more negotiating power on lease terms.
What amenities does The Address Asoke offer?
The Address Asoke features a saltwater swimming pool, a fully equipped fitness center with cardio and weight equipment, a well-kept garden, children's play area, reading room and co-working space, 24/7 security with key card access and CCTV, and parking. The building management office handles maintenance requests during business hours.
Is The Address Asoke a pet-friendly building?
The Address Asoke has historically allowed small pets (under 10 kg) with prior management approval and an additional pet deposit. However, pet policies can change, and individual landlords may have their own restrictions. Always confirm the current pet policy with both the building management office and the unit's landlord before signing a lease agreement.
Data Visualizations
Nattida Chen
Property Investment Specialist