Ekkamai: Hotspot of Urban Living

Ekkamai, a sought-after location for urban residents, attracts both Thais and foreigners looking to buy or rent housing, primarily condominiums. The condo market in Ekkamai is thriving, with many projects fully occupied within months of their launch. Its central location on Sukhumvit Road offers easy access to shopping centers, restaurants, entertainment venues, hospitals, educational institutions, and embassies.

Houses: Low-rise projects in Ekkamai are limited, with 5-20 units per project. These super luxury houses range from 40-45 million baht for single-detached homes to 16-41 million baht for townhomes. Median prices per square meter are approximately 79,348 baht for houses and 79,710 baht for townhomes.

Condos: Condominiums are the most prevalent and popular housing option in Ekkamai. They cater to the lifestyle preferences of the new generation, offering convenience, simplicity, and complete amenities. Condo prices start at 4-5 million baht, with an average price of 175,000 baht per square meter and a median price of 133,067 baht per square meter. Some projects have exceeded 250,000 baht per square meter, showing an increase of over 40% in the past 4-5 years. Studio and 1-bedroom units are particularly favored.

Rental Prices: Rental prices vary, with single houses starting at 50,000-60,000 baht per month and townhome rentals beginning at 40,000 baht per month. Condo rentals range from 568-893 baht per square meter, with a 30 square meter room costing 17,000-27,000 baht per month. Ekkamai attracts both foreign and Thai tenants, including executives and business people.

Investment Growth: Condominium properties in Ekkamai offer attractive returns, with a rental yield of around 6% per annum. Resale prices show steady growth, increasing by 4-8% per year. Compared to neighboring Thonglor, Ekkamai condos are 15-20% more affordable, making them an accessible choice for investors. The area has seen a shift in tenant preference over the past 4-5 years.