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6 Prime Areas of Condominiums in Bangkok that is worth investing

In addition to interesting investments such as funds, stocks and gold, investing in real estate such as condominiums is also worth investing as well. To invest in a condominium to have tenants to rent requires a suitable location, near the electric trains stations and convenient in travel. This time, ACU PAY has summarized golden locations that are worth investing for you!

1.Asok - Thinglor - Ekkamai

People choose to have their condos in this area because of its location in the center of the city. It is easy to travel and connect to many important downtown transportation systems. People can easily go to other parts of the city by BTS and MRT.

 

These areas are also known for their luxurious atmosphere, both commercial and residential. They offer a wide range of entertainment options such as department stores, bars, restaurants, coffee shops, and high-end condominiums to meet the needs of most new generations of Thai and foreigners.

 

The condos in these areas have a starting price of nearly 300,000 baht/square meter and the Gross Rental Yield has been adjusted accordingly, which is currently 4-5% in 2023. 

 

What are these areas close to?

  • Public transportation: BTS Asok/Thonglor/Ekkamai, and MRT Sukumvhit
  • Hospitals: Sukumvit Hospital and Camillian Hospital
  • Department Stores: Terminal21, Emporium, Emquartier, Donki Mall, Gateway Ekkamai, etc.
  • Educational institutions: Sainampeung School, Australian International School Bangkok, Srinakharinwirot University, etc.
  • Parks: Benchakitti Park, Benchasiri Park, and Lumpini Park

2. Ratchada - Huai Khwang

Another prime area that investors would like to invest in. It is a golden location that can be connected with other parts of Bangkok by public transport such as the MRT subway. It is convenient to travel around the city, and it is also a popular area for Chinese people to buy condos to rent them out.

This neighborhood is full of cultural mixes. It can be called the second Chinatown after the Yaowarat area because there are many shops, and restaurants like Mala Hotpot opened by Chinese people. In addition, the area has department stores, office buildings, entertainment venues and religious cultural attractions.

The Gross Rental Yield of these areas rises every year to approximately 4-4.5 %, attracting both locals and tourists and creating a lively atmosphere.

What are these areas close to?

  • Public transportation: MRT Thailand Cultural Centre/ Huai Khwang/ Sutthisan/ Ratchada
  • Hospitals: Golden Year Hospital, Sutthisan Hospital, and Paolo Memorial Phaholyothin Hospital
  • Department Stores: THE STREET RATCHADA
  • Educational institutions: Triamudomsuksapattanakarn Ratchada School, Chandrakasem Rajabhat School, and Chandrakasem Rajabhat University. 
  • Parks: Huai Khwang Health Park, Rat Bamphen Park, and Turtle Park.

3. Rama 9 - Phetchaburi

If it comes to the CBD location of Chinese businessmen, they will not be able to escape from Rama 9 – New Petchburi. Another location in downtown which is connected with public transportation to go to other areas conveniently by the MRT subway, and ExpressWay.

The area is bustling with foreigners, especially Chinese residents, because it has a wide range of facilities including shopping malls, office buildings, restaurants and entertainment venues. 

What are these areas close to?

  • Public transportation: MRT Phetburi/ Rama 9
  • Hospitals: Bangkok Hospital, Piyavate Hospital and Praram 9 Hospital
  • Department Stores: Central Rama 9, and The Esplanade Ratchadapisek
  • Educational institutions: Regent’s International School, St. Mark’s International School, and Mission International School.
  • Parks: Phan Phirom Park, and Somdet Saranrat Manirom Park (Pink Park)

4. Lat Phrao - Ratchayothin

This can be called another CBD area which is surrounded by department stores, office buildings, and universities and also serves as a junction for both the MRT blue line and BTS green line and yellow line.

 

The area is bustling with famous night markets such as Jodd Fair, which have recently moved into this area, and this area is also close to the Jatuchak market, restaurants, and entertainment venues. In 2023, the Gross Rental Yield increased by 4.7%.

 

What are these areas close to?

  • Public transportation: BTS Ha Yaek Lat Phrao, MRT Phahonyothin
  • Hospitals: Paolo Chokchai 4 Hospital, Paolo Memorial Phaholyothin Hospital
  • Department Stores: Central Lat Phrao, Major Cineplex Ratchayothin, and Union Mall
  • Markets: Chatuchak Market, and JODD FAIRS DanNeramit
  • Educational institutions: Saint John’s School, and Kasetsart University
  • Parks: Vachirabenjatas Park (Rot Fai Park), and Queen Sirikit Park

5. Bangna - Srinagarin

The Bangna – Srinakarin area is rapidly growing in commercial and residential areas, attracting multinational companies, industrial estates, and big retail groups like Central, CP, and the Mall to compete to get more market share in the Srinakarin area.

 

Travel is more convenient because public transportation such as the BTS Yellow Line and expressways can connect to other parts of Bangkok, but it is still peaceful, unlike the chaotic situation in the city center. Gross Rental Yield in this area has risen to 3.5 – 3.9%.

 

What are these areas close to?

  • Public transportation: BTS Bangna/ Bearing/ Ramkhamhaeng
  • Hospitals: Bangna5 General Hospital, and Bangkok Metro Bangna Hospital
  • Department Stores: The Mall Ramkhamhaeng and Mega Bangna
  • Educational institutions: Bangkok Patana School, and Ramkhamhaeng University
  • Parks: Flower Park  Ramkhamhaeng 2, and  Ramkhamhaeng Housing Public Park

6. Udomsuk - Onnuch - Phra Khanong

Located near the CBD, Udomsuk-Onnuch-Phra Khanong is a less crowded and affordable place to live. The area is suitable for occupations in the city. The BTS green line connects with yellow, blue, and gray lines and can be accessed in many areas of Bangkok.

A variety of convenience facilities including department stores, restaurants, schools, hospitals, and working spaces enhance the quality of life for people living in the area. It’s also another interesting location to choose.

 

What are these areas close to?

  • Public transportation: BTS Udomsuk/ Onnuch/ Phra Khanong
  • Hospitals: Samitivej Sukhumvit Hospital, Kluaynamthai Hospital, and Sukhumvit Hospital
  • Department Stores: HUB 77, One Udomsuk The Phyll, W District, Summer Hill, Gateway Ekamai and Cenjury the movie plaza
  • Educational institutions: Wells International School, Bangkok Patana School, and St. Andrews International School
  • Parks: Ploen Phra Khanong Public Park, and Trinnasakpayap Park.

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