Projects · The Residences 38
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The Residences 38 is a freehold branded condominium on Soi Sukhumvit 38 near Thonglor BTS, developed by Ananda Development in a joint venture with Rabbit Holdings, a 36-floor tower of 56 residences completed in 2024, set above the La Clef Bangkok serviced residence operated by The Ascott Limited.
The essentials.
What does a residence at The Residences 38 cost?
Asking prices observed July 2026 · See every current listing
Indicative resale and rental observations gathered from the market. Embark advises on the buyer side. Exact floor, price, and availability are confirmed in person.
On the market at The Residences 38
The residences currently on the market, gathered in one register. Embark advises on the buyer side.
One-bedroom residences1 on the market57 sq.mFrom฿21.21MView 1
Two-bedroom residences12 on the market92–126 sq.mFrom฿35.97MView 12
Three-bedroom residences2 on the market184 sq.mFrom฿73.85MView 2
Four-bedroom residences5 on the market221–455 sq.mFrom฿105MView 5
Five-bedroom residences4 on the market427–455 sq.mFrom฿238MView 4
R38-S04฿21.21MR38-S20฿35.97MR38-S24฿38MR38-S10฿40.12MR38-S14฿42.32MR38-S21฿73.85MR38-S06฿73.9MR38-S22฿105MR38-S07฿115.68MR38-S18฿115.7MR38-S08฿116.91MView 5
R38-S12฿238MR38-S17฿239.9MR38-S16฿240MR38-S09฿244.31MIndicative resale observations gathered from the market. Embark advises on the buyer side. Exact floor, price, and availability are confirmed in person.
One-bedroom residences1 on the market64 sq.mFrom฿100K/ monthView 1
Two-bedroom residences2 on the market85–95 sq.mFrom฿185K/ monthView 2
R38-R04฿100K/ monthR38-R02฿185K/ monthR38-R03฿210K/ monthIndicative asking rents gathered from the market. Embark advises on the buyer side. Terms and availability are confirmed in person.
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The building.
The Residences 38 stands on Soi Sukhumvit 38, under a five-minute walk from Thonglor BTS, developed by Ananda Development in a joint venture with Rabbit Holdings, an affiliate of BTS Group. The 36-floor tower holds only 56 condominium residences, completed in 2024, occupying the upper floors above the La Clef Bangkok serviced residence operated by The Ascott Limited under its Crest Collection. So few homes in a building of this height makes for a markedly low-density address.
The building is freehold, which confers outright ownership that passes to heirs rather than a lease that has to be renewed.
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Foreign buyers can hold freehold units within the foreign quota, which Thai law sets at 49 percent of a building's total saleable floor area, and Embark confirms a unit's quota status at inquiry.
With the building recently completed, this is a resale and rental market.
Read onClose
Embark advises on resale and rental at The Residences 38 as part of our coverage of the Sukhumvit corridor, sourcing available residences and confirming a unit's foreign-quota status. Current pricing is shared privately, on request.
The neighbourhood.
The densest international residential corridor in Bangkok, read station by station.
- The stationsFour BTS stations define the corridor and its sub-markets: Asok, Phrom Phong, Thonglor and Ekkamai.
- The greenTwo parks sit inside the corridor, which is unusual on this side of the city and shows in what the park-facing buildings ask.
- Who lives hereIt is where Bangkok's international residents concentrate, and the rental market is correspondingly the deepest in the city.
Sukhumvit corridorRead the neighbourhood guide 
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Branded residencesOnly 78 residences: inside SLS Residences Bangkok Sukhumvit 24
Branded residencesInterContinental Residences Bangkok Asoke: 88 freehold corner homes
CorridorsOnly 11 homes: Sansiri's Sukhumvit 51 tower in Thonglor
Market intelligenceShould you buy in Bangkok to rent it out? An honest yield read
Others on the same corridor
Considering The Residences 38? We will tell you honestly how it compares.
We respond within 4 hours in working hours. Viewings by appointment.
Common questions.
Is The Residences 38 freehold or leasehold?
It is freehold. Foreign buyers can hold freehold units within the foreign quota, which Thai law sets at 49 percent of a building's total saleable floor area, and Embark confirms a unit's quota status at inquiry.
Who is the developer?
The Residences 38 was developed by Ananda Development in a joint venture with Rabbit Holdings, an affiliate of BTS Group. The La Clef Bangkok serviced residence on the lower floors is operated by The Ascott Limited under its Crest Collection. The Ascott brand describes the building's hospitality component and is not an Embark partnership.
When was it completed, and how big is it?
The building was completed in 2024. It is a single 36-floor tower with 56 condominium residences on its upper floors, above the La Clef Bangkok serviced residence below.
How does Embark help with a purchase here?
Embark advises on resale and rental at The Residences 38 as part of our coverage of the Sukhumvit corridor. We source available residences, confirm a unit's foreign-quota status, and share current pricing privately, on request.