Trends in Bangkok's Real Estate Market

Sophon Pornchokchai, Chairman of the Thailand Real Estate Research and Valuation Center, shares key insights into property trends. If you’re considering investing in real estate, these are the top 10 areas to watch:

Hot Picks

1. Lat Krabang: Affordable units (1-2 million baht) – 73% monthly sales rate.

2. Bangkok Noi-Bangkok Yai: Mid-range condos (5-10 million baht) – 50% monthly sales rate.

3. Songprapa: Premium single houses (20+ million baht) – 43.9% monthly sales rate.

4. Bangkhan-Klongluang: Budget condos (2-3 million baht) – 42.9% monthly sales rate.

5. Bangkhan-Klongluang: Affordable units (1-2 million baht) – 32.5% monthly sales rate.

6. Watcharapol Kubon: Luxury single houses (20+ million baht) – 29.9% monthly sales rate.

7. Mahachai – Setthakij: Budget condos (1-2 million baht) – 25.8% monthly sales rate.

8. Navanakorn – Klong Rapeepat: Affordable units (1-2 million baht) – 25.1% monthly sales rate.

9. Rangsit Klong 1-6: Budget condos (1-2 million baht) – 22.6% monthly sales rate.

10. Lamlukka: Mid-range condos (2-3 million baht) – 21.8% monthly sales rate.

Areas to Avoid

1. Saimai: Shophouses (5-10 million baht) – 0.1% monthly sales rate.

2. Tiwanon-Nuanchawi: Townhouses (5-10 million baht) – 0.1% monthly sales rate.

3. Bangna-Trad km.10-30: Land (2-3 million baht) – 0.2% monthly sales rate.

4. Bearing Wat Dan: Townhouses (2-3 million baht) – 0.2% monthly sales rate.

5. Bangna-Trad km.30+: Land (3-5 million baht) – 0.2% monthly sales rate.

6. Bangna-Trad km.10-30: Single houses (2-3 million baht) – 0.3% monthly sales rate.

7. Phaholyothin-Wangnoi: Condos (<0.5 million baht) – 0.3% monthly sales rate.

8. Rattanathibet-Tha It: Condos (<0.5 million baht) – 0.3% monthly sales rate.

9. Bangna-Trad km.10-30: Land (1-2 million baht) – 0.3% monthly sales rate.

10. Bangna-Trad km.30+: Detached houses (5-10 million baht) – 0.4% monthly sales rate.

Remember, thorough market research is key before making any investments. Happy house hunting! #RealEstateTrends #PropertyInvestment #ThailandRealEstate

Cr.matichon

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