On-market resale residence. The asking price is indicative, quoted by the seller as of June 2026, and subject to availability. Floor placement and full details are confirmed in person.
The Residences 38
About this residence
The residence
This 4-bedroom residence of 223 square metres at The Residences 38, on Sukhumvit Soi 38, opposite Thonglor in central Bangkok, is offered on the resale market at ฿116,910,000 (฿524,260 per square metre), an indicative asking price gathered from the market in July 2026. Embark Estate advises buyers on this residence.
- Configuration
- 4 bedrooms
- Size
- 223 sq.m
- Asking price
- ฿116,910,000
- Price per sq.m
- ฿524,260
- Tenure
- Freehold
- Status
- On the market, July 2026
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. 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.
See the full projectKey facts
The neighbourhood
The Lumphini park-axis runs from Wireless Road through Langsuan and Tonson to Ratchadamri, anchored by the city's largest central park and traced by an MRT-BTS interchange.
Lumphini park-axisCommon 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.
Inquire about this residence
A 4-bedroom residence of about 223 square metres at The Residences 38, on the market at ฿116,910,000 (฿524,260 per square metre). Reply to arrange a viewing, or to confirm floor placement and full details in person.
We respond within 4 hours in working hours. Viewings by appointment, in person or live on a video call from anywhere.
Branded residences and individual luxury units across the Lumphini park-axis, Sukhumvit corridor, and Riverside.
Principal-led. A small number of buyers at any given time. A short call first; viewings only after priorities are clear.
High-volume listings, sales pressure, and pushing a unit when another residence fits the buyer better.
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