Creating a list of Bangkok’s most desirable and expensive neighborhoods is not difficult!

Traditionally the heart of business, retail and leisure activities have primarily clustered in Central Bangkok. These areas are often referred to as the Central Business District (CBD) by the Capital’s property professionals.

What are the main neighborhoods in the Central Business District?

These areas are Bangkok’s top lifestyle and leisure destinations:

Sukhumvit

Nana
Asoke
Phrom Phong
Thonglor

Wireless- Lumpini

Ploenchit
Chidlom
Ratchadamri

Silom- Sathorn

Silom
Chong Nonsi

These neighborhoods offer world-class leisure, entertainment and luxury residential options that have made Bangkok famous as an international business and tourist destination!

Most Expensive Central Bangkok Locations by Land Transfers?

The desirability and appeal of Bangkok’s CBD locations has made it the center of intense development activity from both residential and commercial developers in recent years. This has inevitably caused developable land prices to skyrocket!

According to a 2017 report by the Agency of Real Estate Affairs the 5 most expensive locations by land transactions in 2016 were as follows:

This report may be a little outdated at the time of publishing, as new record smashing land deals are continuing to reinforce this trend. Some notable deals include the British Embassy site on Wireless Road sold to the Central Group for a jaw dropping Bt 18.7 Billion and the Australian Embassy site on Sathorn Road sold for Bt 4.6 Billion to Supalai Plc.

Increasingly expensive land prices, will continue to reinforce the rarity of commercial and residential real estate in these areas adding to their appeal and desirability. A simple rule of basic economics, scarcity inevitably results in rising prices and increasingly expensive neighborhoods!

Where are Bangkok’s Most Expensive and Exclusive Neighborhoods?

Fresh’s editorial understands that there are qualitative factors that make residential neighborhoods ultra-exclusive; people generally don’t just choose to live in an area, because of expensive land prices!

A truly desirable and appealing area is expensive because it manages to blend an amazing lifestyle with a combination of a central location, convenience and luxury residences. These unique qualities are found in abundance in only a few exclusive and expensive neighborhoods of Bangkok.

Here is a handpicked selection of Bangkok’s top luxury neighborhoods:

1. Thonglor

The Thonglor allure is understandable, it has cemented its brand as Bangkok’s socialite hangout spot, it hosts some of the Capital’s top dining and nightlife venues. With some comparing the area to London’s Soho or even LA’s Beverly Hills; Thonglor’s side roads are populated by a charming selection of eclectic restaurants, coffee shops, bars, clubs and community malls.

Property prices have skyrocketed in the area with Plus Property recently stating that average prices of new launches have hit an all-time high of Bt 325,000 per square meters. Thonglor offers a selection of ultra-luxury residences such as Tela Thonglor by Gaysorn Property, The Bangkok Thonglor by Land and Houses and Khun by Yoo by Sansiri.

2. Phrom Phong

A luxury residential enclave in the heart of Central Bangkok, Phrom Phong offers one of the most relaxing and pleasant residential environments in the Capital. The neighborhood derives its charm from its intertwining “Sois” that harbor an exciting collection of independent restaurants, coffee shops, café, and bars. Giving the area a unique and pleasant community vibe that offers surprising respite from the hustle and bustle of daily life.

It is already home to two luxury malls notably Emporium and EmQuartier developed by The Mall Group. Interestingly, the commercial developer is ambitiously planning to transform the neighborhood into the Capital’s premier luxury shopping district, with the development of Emsphere a third luxury mall currently underway.

3. Silom

Silom is an established part of Bangkok’s old Central Business District, giving it a prestigious and affluent living environment. The neighborhood’s leafy side roads are home to a multitude of shops, restaurants, clubs and bars offering a pleasant lifestyle to its cosmopolitan residents.

Silom is an important business and commercial hub with several A-Grade Office towers such as the Thaniya Building, United Center and Liberty Square to name a few. It is also host to several luxury condo projects, the most notable being Saladaeng One by SC Asset.

This combination of convenience, proximity to business hubs and luxury lifestyle has caused local real estate prices of Silom to skyrocket!

4. Chong Nonsi

Chong Nonsi is Bangkok’s financial center and Sathorn Road hosts the headquarters of several banks, insurance companies and investment firms. With many comparing the neighborhood to the local equivalent of London’s “City” or even New York’s Manhattan.

The area is famous for its iconic skyline, especially with the presence of the pixelated MahaNakhon, currently Thailand’s tallest tower. Residents can choose from a wide selection of ultra-luxury residences such as The Met, The Infinity and The Sukhothai Residences.

Chong Nonsi offers a cosmopolitan lifestyle with a vibrant selection of classy and trendy leisure venues.

5. Chidlom

Chidlom is a top luxury lifestyle address in the heart of Central Bangkok. The neighborhood offers a glamorous and trendy lifestyle experience.

Chidlom’s Langsuan Road is packed with world-class restaurants and trendy hangout spots. The area also offers its affluent residents a selection of luxury leisure destinations such as Central Chidlom and Velaa Sindhorn Village. A highly appealing benefit of living in the area is its close travel proximity to Siam’s famous Ratchaprasong shopping hub!

Chidlom features a diverse selection of luxury residences such as Q Langsuan and SC Asset’s super-luxury 28 Chidlom where condos are selling at the average price of Bt 350,000 per square meters.

6. Ratchadamri

Ratchadamri is a prestigious and exclusive address. It is famous for its lush green environment, as it hosts two expansive greenspaces notably Lumpini Park and The Royal Bangkok Sports Club.

Racthadamri is an established area and it is home to Bangkok’s first race course The Royal Bangkok Sports Club; this private sports club also features a golf course and private clubhouse that is frequented by Thailand’s elite. The neighborhood’s reputation as an established high-society hangout spot is a huge part of its appeal.

It also offers a convenient lifestyle as it is located in close proximity to Siam and its famous retail and leisure attractions. Developable freehold land is incredibly rare in this neighborhood, meaning that residences in this part of Bangkok have been on an upward trend in recent years. Luxury residences in Ratchadamri include 185 Rajadamri and The Residences at The St. Regis Bangkok.

7. Ploenchit/ Wireless Road

Ploenchit and more specifically Wireless Road is without a doubt, Bangkok’s super-luxury destination. It hosts the embassies of several countries notably the United States, Switzerland, Japan, etc. There are also several A-grade office towers such as Park Ventures Ecoplex and All Seasons Place thus giving the area a luxury cachet like no other!

Interestingly, the area is still undergoing massive transformation with the construction of the “One Bangkok” mega project underway on Wireless Road and the acquisition of the British Embassy site that will reportedly be redeveloped into a luxury mixed use project by the Central Group.

As a result, Ploenchit claims the incontestable title of being the Capital’s most exclusive neighborhood. This is reinforced by the fact that Bangkok’s most expensive residence 98 Wireless by Sansiri (Average sales price of Bt 550,000 per square meters) is located in this ultra-expensive neighborhood!

Video Presentation of Bangkok’s Most Expensive Neighborhoods

Readers interested to discover and experience these areas can also watch our video presentation!
In this video, Fresh Property takes viewers on a tour of Bangkok’s most exclusive neighborhoods.

Fresh Editorial has also compiled a list of Bangkok’s most expensive condo projects.
Here is the full list: The 5 Most Expensive Condos in Central Bangkok

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