There’s no denying that Bangkok has spectacular food and endless shopping opportunities. Its vibrant street life, lavish luxury hotels and the golden spires adorning its temples have made the city a popular tourist destination for decades. Yet, some locations obviously stand head and shoulders above the rest in terms of their attractiveness as real estate investment locations. Sukhumvit area or (CBD) will give property market investors a better value for money.
Perks of investing in Bangkok/CBD
The city’s main central business district (CBD) Sukhumvit — which covers the key areas of Ploenchit, Asoke and Phrom Phong — and rapidly developing areas like Ratchada and Ari where commuters can easily access Sukhumvit via the BTS Skytrain and MRT subway are now home to the regional headquarters of global brands and internationally-recognised restaurants and bars that are on par with London and Tokyo. And the city continues to attract the opening of many new six-star hotels and world-class malls.
This prestigious address at the beginning of Sukhumvit is surrounded by everything life has to offer from a luxury mall, Central Embassy, and prime office building, The Park Ventures Ecoplex, to five- and six-star hotels like The Okura Prestige Bangkok and Park Hyatt.
Strategically located in the center of Sukhumvit, Phrom Phong is home to some of the Bangkok’s best attractions and restaurants. It is also close to parks and leisure facilities, and the side alleys have boutique offerings to cater to the numerous Japanese and Western expat families in the area. Noble’s projects here are in the heart of Bangkok’s most multicultural neighborhood and a world-class shopping destination. It is also a short distance from the EM District.
At present, there are two existing airports — Suvarnabhumi International Airport (the world’s seventh largest airport) and Don Muang International Airport. The Mass Rapid Transit Master Plan in Bangkok Metropolitan Region is expected to be completed by 2029. Its tracks will cover about 509 km and will make Bangkok one of the most desirable living and investment choice.
Sukhumvit also features a high concentration of condos. Considering that condos are very popular in Thailand among foreigners looking to own or rent residential properties. This means that such investors stand to make substantial gains from their investments.
Sukhumvit also offers easy access to the airport and great international schools, which definitely attract a lot of people to this area of the city.
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