Greetings to the readers of TerraBKK once again! As we approach the end of the year, those looking for a home or condo should make their decisions quickly. Many projects are offering full-scale promotions to attract customers during this final stretch of the year, making it a great time for anyone wanting to own property at accessible prices, along with attractive promotions. Importantly, interest rates are stable.

For investors, many are eagerly waiting to purchase condos at the end of the year, as developers are rolling out various condo projects with investment-worthy promotions.

Today, we will discuss investment opportunities and recommend popular locations suitable for investment. Let's find out where these locations are!

In the past five years, it's clear that investors have increasingly diversified their investments into real estate, particularly in condos. This type of investment carries lower risk and offers consistent returns averaging around 7% per year, with some locations potentially yielding even higher returns.

In comparison, investing in townhouses with land yields an average return of about 5.22%, while single-family homes with land average around 3.03% per year. This shows that townhouses and single-family homes are not typically sought after by investors for speculation or rental purposes due to the complexities of location, pricing, decoration, and maintenance compared to condos, making condos a more appealing investment option.

When compared to investing in common stocks, which yield an average return of 5.35% per year, bonds at 1.82% per year, or gold investments that are highly volatile with a negative return of 2.53%, most investors acknowledge that these types of investments carry high volatility and are suitable for those who can accept significant risks.

(Data from Major Development: Latest update July 2018: Average inflation rate over the past 5 years = 0.91%)

In summary, investing in condos meets the needs of investors, but which locations in Bangkok are particularly interesting? Let's take a look.

1. Sukhumvit-Thonglor

This popular area is defined as a “high-end location” as it is surrounded by high-end condos, urban lifestyle hubs, famous malls, luxury hotels, upscale restaurants, community malls, and office buildings that truly cater to the lifestyle of modern urban dwellers. Transportation is also convenient with the BTS Green Line and MRT.

For the main tenant demographic in the Sukhumvit-Thonglor area, over 81% are foreigners, while 19% are Thai businesspeople and employees. The rental price for a one-bedroom condo in this area ranges from 20,000 to 25,000 baht per month, with a rental yield of around 5.1% and an average land growth rate of 7.85% per year over the past 5 years.

Recommended condos for investment in Sukhumvit-Thonglor

- M Thonglor 10

- Maestro 39 Sukhumvit 39

2. Silom-Sathorn

The CBD of Bangkok, Silom-Sathorn, is the area with the highest employment opportunities in the city, featuring shopping malls, restaurants, educational institutions, embassies, and high-end residential areas, including 4-5 star luxury hotels and luxury condos. This area is among the most developed and is a true economic center or the real CBD of Bangkok. Currently, luxury condos are being launched around the area, with average prices starting at 250,000 baht per square meter, and transportation is convenient with the BTS Dark Green Line and MRT Silom Station.

For the main tenant demographic in the Silom-Sathorn area, over 84% are foreigners, while 16% are Thai employees, students, and scholars. The rental price for a one-bedroom condo in this area ranges from 19,000 to 40,000 baht per month, with a rental yield of around 3.2% and an average land growth rate of 5.27% per year over the past 5 years.

Recommended condos for investment in Silom-Sathorn

- M Silom

- Maestro 01 Sathorn Yen Akat

3. Siam-Ratchathewi

This area has the potential to connect with all major zones in Bangkok and is home to large shopping centers in the city center, gathering leading shopping malls together. Additionally, it is surrounded by prestigious educational institutions, including Chulalongkorn University and various tutoring centers like the Wanasorn Building and Siam Building. One notable trend in this area is that parents buy or rent condos for their children to live close to educational institutions, minimizing travel time as they can reach their destinations via the BTS in under half an hour. Thus, the “Siam-Ratchathewi” area is one of the most attractive locations in Bangkok for investors, rivaling the “Sukhumvit” and “Silom-Sathorn” areas.

For the main tenant demographic in the Siam-Ratchathewi area, 50% are foreigners, while the other 50% are Thai students. The rental price for a one-bedroom condo in this area ranges from 16,000 to 20,000 baht per month, with a rental yield of around 4.6% and an average land growth rate of 8.74% per year over the past 5 years.

Recommended condos for investment in Siam-Ratchathewi

- Maestro 12 Ratchathewi

- Maestro 14 Siam-Ratchathewi

- Maestro 02 Ruamrudee

4. Chatuchak-Ladprao

Chatuchak is the new business center of Bangkok's future and is another interesting area for those considering investing or living in this neighborhood. The urban planning allows for high-rise buildings, and the potential of the area is expected to increase significantly after the Phahonyothin transportation hub is completed. The land price in this area is projected to exceed 1 million baht per square wah in the next four years after the transportation hub is completed. Currently, it is a lifestyle hub with various amenities such as Central Ladprao, Union Mall, Chatuchak Park, and numerous restaurants, and it is also surrounded by large office spaces like the Ministry of Energy, Energy Complex, BTS Headquarters, SCB Park, TMB Bank, and AIS Tower.

For the main tenant demographic in the Chatuchak-Ladprao area, 50% are foreigners, while the other 50% are Thai employees and students. The rental price for a one-bedroom condo in this area ranges from 12,000 to 22,000 baht per month, with a rental yield of around 4.4% and an average land growth rate of 6.99% per year over the past 5 years.

Recommended condos for investment in Chatuchak-Ladprao

- M Chatuchak

- M Ladprao

- Metris Ladprao

5. Ratchada Rama 9 and Fortune

This popular area for both Thai and Chinese investors, Ratchada Rama 9, is characterized by the presence of the “Chinese Embassy”, which serves as a significant magnet attracting Chinese residents. The area is filled with various amenities catering specifically to the Chinese community, including numerous Chinese restaurants. Consequently, Chinese entrepreneurs investing in Thailand often focus on the “Ratchada-Huai Khwang” area primarily, indicating that “Ratchada-Huai Khwang” has the potential to become a new business center (New CBD).

For the main tenant demographic in the Ratchada Rama 9 and Fortune area, over 50% are foreigners, while the other 50% are businesspeople and employees. The rental price for a one-bedroom condo in this area ranges from 11,000 to 18,000 baht per month, with a rental yield of around 4.5% and an average land growth rate of 5.87% per year over the past 5 years.

Recommended condos for investment in Ratchada Rama 9 and Fortune

- Maestro 03 Ratchada-Rama 9

- Maestro 19 Ratchada 19 - Vibhavadi

- Metris Rama 9 - Ramkhamhaeng

The five highlighted locations presented by TerraBKK today are among the top residential demand areas in Bangkok. Recently, there is good news from Major Development offering the “Early Bird” promotion featuring beautiful units at special prices from September 15-27, along with a hot event “September Hot” from September 27-30 at the Fashion Hall, Siam Paragon.

During the event, a collection of popular condos will be showcased, perfect for living or investment, with the hottest promotions of the year, offering discounts of up to 3 million baht. The event will also feature real estate experts sharing investment tips. This is an event not to be missed for anyone looking to own a home or seeking investment opportunities.

13 Projects Participating in the Promotion

Before heading to the event, let's take a look at how investing in condos with Major Development can yield valuable returns.

For the M Chatuchak project located near Phahonyothin 18, close to BTS Saphan Khwai, Chatuchak, and near the Phahonyothin expressway, it takes only 20 minutes to reach the heart of Sukhumvit, Silom, and Sathorn.

Currently, the purchase price for a one-bedroom unit is around 3.5 million baht, with rental prices ranging from 15,000 to 18,000 baht per month, resulting in a rental yield rate of 4.3%. In the fourth year, it can be sold for 4.5 million baht.

During the event, the promotional price for a 28.42 square meter unit is 4.23 million baht, with a discount of over 500,000 baht.

Another project is Maestro 03 Ratchada-Rama 9, located near MRT Rama 9 station. Currently, the purchase price for a one-bedroom unit is around 3.5 million baht, with rental prices ranging from 17,000 to 18,000 baht per month, resulting in a rental yield rate of 4.5%. In the third year, it can be sold for 4.5 million baht.

During the event, the promotional price for a 29 square meter unit is 3.69 million baht, with a discount of over 500,000 baht.

Finally, the project Metris Rama 9 - Ramkhamhaeng, located near the Ramkhamhaeng intersection cutting through Rama 9 road, currently has a purchase price for a one-bedroom unit of around 2.9 million baht, with rental prices ranging from 15,000 to 18,000 baht per month, resulting in a rental yield rate of 4%. In the first year, it can be sold for 3 million baht.

During the event, the promotional price for a 30.50 square meter unit is 2.89 million baht, with a discount of over 400,000 baht.

Additionally, there are many SPECIAL PROMOTIONS* available, as detailed below:

SPECIAL PROMOTIONS*

  1. 100,000 baht discount when registering through the website
  2. Additional 100,000 baht discount only during the event
  3. Free all transfer fees, worth up to 500,000 baht
  4. 0% installment for 10 months for booking and contract fees, only for credit cards from KBANK, KTC, and SCB
  5. Special interest rates from leading banks (conditions apply as per bank regulations)
  6. Residents of Major Development Public Company Limited receive an additional 50,000 baht discount
  7. Customers and employees of participating banks and companies receive an additional 30,000 baht discount
  8. FRIEND GETS FRIENDS' program offers 20,000 baht/unit when referring a friend to book a project from Major Development Public Company Limited

In conclusion, anyone interested in quality condos with full promotions and discounts from Major Development can follow the details and other promotions at the “September Hot” event, which showcases quality condominiums, beautiful units, and hot prices in the best locations of the year, along with special discounts and promotions totaling over 3 million baht.

The event will also feature investment tips from Major Development Public Company Limited.

This is an event you cannot miss! See you from September 27-30 at the Fashion Hall, Siam Paragon, or visit for more details at https://www.mde.co.th/