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ᴛʜᴇ ᴍᴏꜱᴛ ᴘᴏᴘᴜʟᴀʀ ᴀʀᴇᴀꜱ ɪɴ ʙᴀɴɢᴋᴏᴋ ꜰᴏʀ ꜰᴏʀᴇɪɢɴ ᴘʀᴏᴘᴇʀᴛʏ ʙᴜʏᴇʀꜱ

by | May 11, 2025 | Condo Tips, Knowledge

ᴛʜᴇ ᴍᴏꜱᴛ ᴘᴏᴘᴜʟᴀʀ ᴀʀᴇᴀꜱ ɪɴ ʙᴀɴɢᴋᴏᴋ ꜰᴏʀ ꜰᴏʀᴇɪɢɴ ᴘʀᴏᴘᴇʀᴛʏ ʙᴜʏᴇʀꜱ

1. Sukhumvit

  • Why Popular?
    • Central location with easy access to BTS Skytrain (Asok, Phrom Phong, Thong Lor, Ekkamai stations).
    • High-end condos, shopping malls (EmQuartier, Terminal 21), and international schools.
    • Strong expat community with many restaurants, nightlife, and coworking spaces.
  • Price Range:
    • Condos: THB 100,000–300,000 per sqm (luxury units can exceed THB 500,000 per sqm).
    • Rental yields: 4–6% (higher in prime areas like Thong Lor).
Sukhumvit

2. Silom/Sathorn

  • Why Popular?
    • Bangkok’s financial district, popular among expat professionals.
    • Close to Lumpini Park, luxury hotels, and corporate offices.
    • Good mix of mid-range to high-end condos.
  • Price Range:
    • Condos: THB 120,000–250,000 per sqm.
    • Rental demand: High from corporate tenants.
Silom/Sathorn

3. Riverside (Chao Phraya)

  • Why Popular?
    • Luxury waterfront living with iconic developments like ICONSIAM and Four Seasons Private Residences.
    • Preferred by wealthy foreigners (Chinese, Russians, Europeans).
    • Scenic views and high-end amenities.
  • Price Range:
    • Ultra-luxury condos: THB 300,000–600,000 per sqm.
    • Rental yields: 3–5% (lower due to premium pricing).

4. Ari (Phahonyothin)

  • Why Popular?
    • Upscale residential area with a trendy café and dining scene.
    • Popular among young expats and digital nomads.
    • Lower density than Sukhumvit but good BTS access.
  • Price Range:
    • Condos: THB 80,000–180,000 per sqm.

5. Bang Na

  • Why Popular?
    • Near international schools (ISB, Harrow, Bangkok Patana).
    • More affordable than central Bangkok.
    • Popular with families and long-term expats.
  • Price Range:
    • Condos: THB 60,000–120,000 per sqm.

Key Facts About Foreign Property Buying in Bangkok:

✅ Foreigners can only own condos (up to 49% of a building’s units can be foreign-owned).
✅ No land ownership – foreigners cannot buy landed property (houses/villas) outright.
✅ Leasehold vs. Freehold – Most foreigners buy freehold condos (permanent ownership). Leasehold (30+30 years) is also common.
✅ Top Foreign Buyers: Chinese, Russians, Americans, Europeans (French, British, German).
✅ Popular Payment Methods: Cash or bank transfers (mortgages for foreigners are rare).
✅ Taxes & Fees:

  • Transfer fee: 2%
  • Stamp duty: 0.5%
  • Business tax (if sold within 5 years): 3.3%

Trends (2024–2025):

  • Chinese buyers dominate the market (40%+ of foreign purchases).
  • Russians are increasing due to geopolitical factors.
  • Luxury market remains strong (THB 50M+ units).
  • Rental demand rising in central areas (post-pandemic recovery).