“People from all parts of the country constantly visit this city, which is at once the seat of government, of religion, of foreign commerce, and in short, of nearly all public life in the Kingdom. Bangkok is more to Siam than Paris is to France.” (Anonymous 1865)
Top Five Up and Coming Areas of Bangkok, Thailand
B
angkok; known as both the Big
transforming the city ever since, literally
Mango and City of Angels ought
creating growth wherever they travel.
to have a new nickname. The City of
Today, with major plans for extending
Growth, Expansion or Development
all existing lines as well as adding
should be added to its repertoire, as
several new ones, Bangkok will continue
Bangkok is certainly not the way it was
to grow outwards, into its adjacent
twenty, or even ten years ago.
suburban areas for the foreseeable
During the last decade, half of
future.
Thailand’s economic growth was
Century 21 Thailand, the national
due to advancements in Bangkok
branch of the world renowned real estate
alone. The capital city is the national
franchise corporation has provided
center of commerce, industrialization,
insight on the top five most up and
development and foreign trade. It is the
coming areas of Thailand’s capital city.
heart of Thailand’s distribution network
From both a residential and investing
and contains the largest consumer
standpoint, these five areas will
market. All of these are reasons why
provide property buyers with the most
Bangkok offers some of the world’s
promising opportunities for eventually
best investment opportunities at this
catching a major capital gain.
time, although some areas of the city are naturally more promising than others. The 1999 introduction of the BTS Skytrain and then the 2004 opening of the MRT subway system have both been 8
Thailand Property
Living in Luxury on the Chao Phraya River
Sathorn – Taksin – Thonburi – Wutthakat Some
of
the
most
beautiful
metropolitan settings in Thailand are surrounding Bangkok’s Southern riverfront, an area hot with luxury developments. Just south of where the river meets the Skytrain is already home to some of Bangkok’s most expensive condos and hotels, and is expected to continually attract more of the like. For example, right along the river off Charoen Nakorn Road will be the new Icon Siam, which will become somewhat of a micro suburb consisting of two residential sky-scrapers, shopping complexes, multimedia entertainment centers and more. On the same road, Asiatique 2 will be a continuation of the massively popular market, opening up in 2016. Transaction Prices in 2014 in THB: 120,000 – 350,000 Sq Wah