Hyde Park Residence 2 (ไฮด์ พาร์ค เรสซิเดนซ์ 2)

🏢 Project Overview

• Developer : Matrix Development.

• Segment : categorized in Value-for-Money / Affordable-to-Mid-Range segment of the Pattaya property market.

• Total Area Size : approximately 1 Rai, 1 Ngan, and 20 Square Wah. (2,080 square meters).

• Structure : Single 8-floor building featuring 109 residential units served by 2 high-speed passenger lifts.

• Completion : completed July 2010

• Tenure : Freehold

• Pets are not allowed

• Location : Thappraya 4 alley, Nong Prue, Bang Lamung (just off the primary Baht Bus route).

• Maintenance & Fees: Common area fee is 45 THB per sqm, per month, with a one-time sinking fund fee of 500 THB per sqm.

• Unit Layouts

  • Studios : Ranging from 32 to 35 sqm, utilizing optimized open-plan living.

  • 1-Bedroom Units : Ranging from 56 to 67 sqm, separating the main living lounge from the bedroom.

  • 2-Bedroom Units : Ranging from 80 up to 103 sqm, ideal for small families or long-term holiday makers looking for space.

🏊 Project Amenities

• Rooftop Facilities : A panoramic rooftop swimming pool and a built-in jacuzzi tub accompanied by a sun deck.

• Health & Wellness : A fully equipped rooftop fitness gymnasium alongside male and female saunas and changing facilities.

• Ground Infrastructure : Private ground-floor lobby and reception area, 3 commercial retail shop spaces, and covered car parking.

• Security Framework : 24-hour manned guards, key-card entry systems, and continuous CCTV surveillance.

💹 Market Statistics

• Key Pricing Indicators

  • Average Sale Price : ฿50,884 to ฿59,784 per square meter.

  • Median Unit Listing Price : ฿3,142,567. Prices generally start at ฿1.35 million for smaller units and reach up to ฿6.1 million for large, fully upgraded multi-bedroom configurations.

  • Regional Disparity : The building's average square meter rate stands roughly 27.3% to 33.6% lower than the median condo averages across both Bang Lamung and central Pattaya. This makes it a popular high-value alternative for space-conscious buyers.

• Key Rental Indicators

  • Monthly Price Range : ฿10,000 to ฿35,000 per month.

  • Average Price per Square Meter : ~฿350 to ฿410 per sqm (approximately $11/sqm).

  • Market Comparison : The property's rental rates sit roughly 20.5% to 22.7% lower than the wider Chonburi and Bang Lamung regional averages. This pricing discount positions it as a highly competitive alternative to premium high-rises nearby.

  • Gross Rental Yield : averaging between 6.5% and 7% annually.

📍 Nearby Distance

• Pattaya Beach & Walking Street : 1.5 km

• Pratumnak Beach : 2.2 km

• Jomtien Beach : 2.8 km

• 7-Eleven (Soi Thappraya 4) : 100 meters

• Foodmart Supermarket (Jomtien) : 1.2 km

• Central Pattaya Mall : 3.5 km

• Thappraya Road (Baht Bus Route) : 80 meters

• Pattaya Memorial Hospital : 2.6 km

• Jomtien Hospital : 3.8 km

• Bangkok Hospital Pattaya : 9.3 km