\nPerks of being near convenient transportation routes<\/p>\n
New research from Plus Property Company revealed that the Sanam Pao-Aree-Saphan Khwai areas are among the most popular in Bangkok with affluent individuals of all types looking to live in this upcoming location. However, developers have struggled to find land with only a limited number of new projects being launched in this part of Bangkok.
Perks of being near convenient transportation routes New research from Plus Property Company revealed that...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-34688","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-91u","jetpack-related-posts":[{"id":28791,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bangkok-real-estate-is-on-the-right-track-with-new-rapid-transit-line\/","url_meta":{"origin":34688,"position":0},"title":"Bangkok real estate is on the right track with new rapid transit line","date":"October 6, 2016","format":false,"excerpt":"\r Thousands of units to emerge along future Orange Line Dusk over Rama IX bridge in Bangkok. 24Novembers \/ Shutterstock.com A new growth area is shaping up in Bangkok as the Thai government prepares to receive bidders for a new rapid transit line next year. Bid materials are due this\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":44446,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bangkok-real-estate-what-you-need-to-know-for-2017\/","url_meta":{"origin":34688,"position":1},"title":"Bangkok real estate: what you need to know for 2017","date":"February 17, 2017","format":false,"excerpt":"\r The city is witnessing rising land prices in prime areas and strong urban demand All that glitters is not gold in the City of Angels\u2026 Image: Travel mania\/Shutterstock By Marciano Birjmohun It\u2019s evident that Bangkok real estate has been dominated by luxury developments in the past three years \u2013\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":132600,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bangkok-condo-developers-forge-ahead-with-launches\/","url_meta":{"origin":34688,"position":2},"title":"Bangkok condo developers forge ahead with launches","date":"March 19, 2019","format":false,"excerpt":"\r Bangkok condo developers are moving forward with launches in key locations this year despite expectations of a slump in the market, according to Colliers Thailand via Bangkok Post. 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\nIt was noted that resale prices have increased by 50-60 percent during the past 5-6 years in the area due to high residential density. Real estate prices are likely to increase even more once the Bang Sue interchange station becomes operational.
\n\u201cThe Sanam Pao-Aree-Saphan Khwai areas continue to receive continual demand. A survey conducted in the first half of the year found that there was a supply of 2,184 condominium units, of which up to 91 percent have been sold, with an average of 12 units being sold per month,\u201d Anukul Ratpitaksanti, Deputy Managing Director, Plus Property Company Limited said. \u201cIt was found that there are only nine high-rise condominium units available from three projects near BTS routes, and they are being sold at an average price of THB160,000 baht per square meter.\u201d
\nMore: Bangkok real estate is on the right track with new rapid transit line
\nThe reason condominiums in the Sanam Pao-Aree-Saphan Khwai areas are in such high demand is simple: they offer all the features most people want. The location is near convenient transportation routes and is also situated close to the BTS and MRT.
\n\u201cIn the second half of the year, there will be only 1,371 condominium units from two new projects entering the market, with average opening prices at THB160,000-170,000 per square meter,\u201d Anukul explained. \u201cThe high prices are due to limited availability of large plots of land near BTS stations and the extremely high prices for those available. This has contributed to demand expanding for condominiums located on secondary roads or a small distance in side streets, although the condominiums can still be considered to be near BTS stations.\u201d
\nThis article originally appeared on DDproperty.com on 16 November 2016
\nRead next: Bangkok real estate: what you need to know about the market right now
\n
\nSource : property-report.com
\nRead more…These cool Bangkok neighborhoods are home to hot markets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"