Bangkok, Thailand is a city known for its competitive real estate market, with many people looking to invest in luxury properties. The city is also a popular tourist destination and attracts both wealthy Thais and foreigners.
Bangkok is a popular city for both Thai citizens and foreigners to live and work in. Many foreigners and ex-pats choose to own their own independent condominium units in Bangkok, while some choose to rent houses until they are sure of making a purchase. The city offers a modern lifestyle with ease of commuting and a variety of ways to relax.
Thailand is home to around 30 billionaires, many of whom have palatial homes in Bangkok. Property rates in Bangkok have increased by around 9% in the last 2 years due to the construction of newer BTS Skytrain lines, improved urban renewal projects, and better-developed neighbourhoods.
Here are the most popular areas in Bangkok for the rich are:
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Phrom Phong
Phrom Phong is a district in Bangkok that is well-known for its convenience and luxury. It is located in the heart of the city and is considered to be one of the most desirable areas for both expats and locals. The area is home to some of the city's best shopping and dining options, making it an ideal location for those who want to be centrally located and have plenty of shopping options at their disposal.
One of the reasons this area is such a great location is its convenient location. The district is easily accessible thanks to its impeccable transport links, which makes it easy for residents to get around the city. It is also home to the Emporium and EmQuartier, two luxury malls that offer world-class restaurants, designer boutiques, and high-end shops. The commercial developer is also planning to transform the neighbourhood into the Capital’s premier luxury shopping district, with the development of Emsphere a third luxury mall currently underway.
Another great feature of Phrom Phong is the abundance of luscious parks in the area. The district is home to the popular Benjasiri Park and Lumpini Park, which are lush parks, perfect for enjoying Thailand's incredible climate. This makes it an ideal destination for those who appreciate the importance of a good balance of city and nature.
Notably, there is a large number of Japanese and Korean expats that choose to live here. With many Japanese restaurants, stores, and residents, Phrom Phong is ideal for those who want a taste of Japan while living in Bangkok. This area is very diverse, celebrating its multicultural population makes it a great place to live for those who want to be part of a cosmopolitan community.
Ekkamai
Ekkamai is one of the best places in the city for expats and Thais alike. Known for its hipster vibe and plethora of dining and leisure options, there's so much to see, do, and indulge in here. The unique blend of trendy and traditional not only makes the area interesting to live in, but gives you plenty of housing options as well.
Thanks to it being very well connected to the wider city, is makes it a convenient area for those who work or want to explore other parts of Bangkok. The neighbourhood also offers plenty of shopping and dining options, with a wide variety of restaurants, bars, and cafes catering to all tastes and budgets.
One of the main reasons why Ekkamai is a great location is because of its convenient location and excellent transport links. This makes it a great option for those who work or have business in other areas of Bangkok.
Another reason why Ekkamai is a great home is because of its unique blend of trendy and traditional. The neighbourhood offers a mix of old and new, with traditional Thai shops and markets located alongside modern cafes and restaurants. This gives the area a unique charm and makes it an interesting place to live.
For those looking for a lavish lifestyle, Ekkamai has plenty of high-end condos and apartment buildings to choose from. These homes come with all the modern amenities such as gyms, swimming pools, and 24-hour security.
Thong Lo
Thong Lo is a highly sought-after neighbourhood in Bangkok, known for its trendy vibe and upscale dining and leisure options. As a stomping ground for members of high society and affluent travellers and expats, Thong Lo is easily one of the city's trendiest spots.
One of the biggest draws of Thong Lo is its prime location in the Sukhumvit area. The area is home to a plethora of upscale restaurants, swanky bars, designer boutique and high-end shopping malls, making it a great place for those with expensive taste and a modern outlook.
The area's central location also makes it convenient for those who work in the central business district, as well as for those who enjoy the nightlife.
The area's reputation as an established high-society hangout spot is a testament to its luxury and exclusivity. The neighborhood is also home to many luxury condos and houses, making it an ideal place for those looking for luxury living in Bangkok.
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