Getting to Know Silom-Sathorn Before Buying Second-Hand Properties
Getting to Know Silom-Sathorn Before Buying Second-Hand Properties
Understanding Silom-Sathorn before purchasing second-hand properties. The historical background of “Cross Road” transforming into “Silom Road” is due to the prominence of the Silom waterwheel brought by foreigners to the Cross Road. The name “Sathorn” evolved into Sathorn, which signifies generosity and care. Over time, Silom - Sathorn has become a vital economic hub of Bangkok.
Silom-Sathorn: Where Work and Living Spaces Converge
What businesses can be found in the Silom-Sathorn area? Starting from the intersection of Silom Road and Rama 4, you will encounter the legendary Thai 5-star hotel Dusit Thani Hotel, which is currently undergoing renovations to transform into a mixed-use development valued at over 36 billion baht in 2022. A bit further, you will find the national giant CP All Public Company Limited, known for its 7-Eleven convenience stores that everyone recognizes. In terms of finance and banking, the Bangkok Bank Headquarters has been located here since 1982.
Meanwhile, Sathorn Road is distinguished as the location of various embassies from countries such as Germany, Singapore, Vatican City, Maldives, Slovakia, Malaysia, Oman, etc. Some of these have already adapted to land development, such as the Australian embassy land, which spans 7 rai, 3 ngan, and 82 square wah, valued at over 4.6 billion baht, won by Supalai in the auction back in 2017.
Additionally, Silom - Sathorn is home to numerous office buildings and supports a wide range of businesses. It is clear that the workforce in this area seeks housing close to their workplaces, whether it be new projects or second-hand properties. However, it must be acknowledged that market prices may be beyond the reach of many due to limited land availability, leaving little room for ownership of second-hand properties such as single-family homes or townhouses. But for second-hand properties in high-rise living, such as second-hand condos, it has become a beacon of hope for those with financial means, catering to both rental and purchase needs.
Looking to Buy or Rent Second-Hand Condos in Silom-Sathorn
Delicious Food in Silom-Sathorn
If you are looking for a cool air-conditioned station in the Silom-Sathorn area, you must visit Central Silom Complex, which has been operating since 1992 on a 7-rai plot. However, if you prefer to stroll through markets, there are many spots to explore in this area. These markets typically cater to office workers and professionals as well, such as the pink and green tents of Saladaeng Market Soi 1, Patpong Market, which offers a variety of food in the morning and transforms into a famous tourist destination in the evening, and Silom Soi 10 Market, which is not far from the Talad Lalay property market (the alley next to Bangkok Bank Headquarters) where you can surely find something to indulge in.
For the next time, if there are any changes in the Silom-Sathorn area, the TerraBKK team will definitely keep you updated. Anyone looking for second-hand properties in the form of second-hand condos in this area can search right now using the map above.
