[Area Guide] Bangok (Thailand)

Bangkok Basic Information

Bangkok is a capital of Thailand, located 30km upward from the outlet of the Chao Phraya River. In the 1780s, Rama I, who was the king of Chakri moved the new capital to Rattanakosin District. This administration has continued until now. Bangkok is praised as “Venice of the East” because canal network is developed throughout the city. In the 1960s, although Bangkok was urbanized and the population grew, over 800 of shrine still remain its magnificence in the city. The area of Bangkok is 1,569km2 which is 70 % size of Tokyo Prefecture, and the population of metropolitan Bangkok is 13 million including 8.2 millions of people in Bangkok.

Bangkok Overview

Bangkok is one of the most developed cities in the Southeast Asia. Bangkok was ranked at 3rd  developed city in the 2016 ranking that’s published by Institute for Urban Strategies. In Bangkok, the tertiary sector such as retail trade and service sector accounts for 80% of gross production. It is said that over 7000 Japanese companies developed their business activities in Bangkok in the need for the cheap labour force. Bangkok’s consuming market is expanding as their actual wage has been rising. Many foreign brand companies such as Mercedes・Benz and Isetan, are expanded their business to the centre of Bangkok, and they are being popular among local people and tourists.

Also, elevated railroad (BTS) and underground railway (MRT) are developed as a means of transportation, which has greatly improved the transportation utility.

Bangkok popular property investment

・Sukhumvit (Nana～Asoke)

High-rise office building and commercial facilities stand side by side around Asok BTS Station. Since many western and Arabian people live there, various foreign meals are available at restaurants. In the area between Nana station and Asoke station, there are many expensive residences and general hospital, Bumrungrad International Hospital, where other languages are available. Many souvenir shops are open for visitors during the day, and many people gather at a nightclub, disco, and bar in the night time. This area is recommended for those who prefer busy and entertaining area.

・Sukhumvit(Asoke～Ekkamai）

Condominiums and apartments are gathered in this area. The number of Japanese residents is the highest in this area since there are many Japanese supermarkets and restaurants. Especially the area between Phrom Phong station and Thong Lo station is popular among Japanese. This is because the area has shuttle bus to Japanese school and has the best location to commute to factories in the suburb. Also, because north part of Sukhumvit still has the small number of new properties, there might be a high demand for rent in the future. Moreover, the average rental fee in this area is relatively high.

・Sukhumvit(Ekkamai～On Nut)

Since the area around On Nut station does not have Japanese supermarkets and restaurants, there are not so many Japanese people. However, several high-rise condominiums have been constructed recently. There is a possibility that the demand for the residence will increase in the future because the area is only 2 to 3 stations from the city centre of Bangkok.

・Sukhumvit (On Nut)

This area has two major commercial facilities, and another shopping mall “THE BANGKOK MALL” is under construction. Because many condominiums are also during the construction around Udom Suk station and Bearing station, it is expected that the number of local residents will increase.

If you have any questions or would like to arrange a viewing, please feel free to contact us!

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