“House” is one of five requisites which are important for living unavoidably. In the present, pre-owned house market is quite take part quite in social, as a one of choice for those who want a new house, to support the extension of families, migration due to work, or other reasons such as investment to increase income by renting out. So, Learning the circumstance of pre-owned houses, sales price rate, land area (sq.wa), and house size or usage area (sq.m) is useful for preparation before enter to pre-owned houses market truly. TerraBKK Research has collected the information of pre-owned detached house more than 1,200 units in Bangkok and perimeters by divide into 5 major zones as follow:
  • CBD Central Business District in the center of Bangkok (Silom – Sathorn, Sukhumvit – Watthana, Rama III – Yan Nawa)
  • Urban(Phayathai – Saphan Kwai, Tak Sin – Thon Buri, Rama IX – Ratchada, Chatuchak – Bang Sue)
  • East outer ring road (Prawet, Bang Na, Lat Phrao, Don Mueang, Sai Mai, Bang Khen)
  • West outer ring road (Taling Chan, Bang Khae, Ratchapruk, Chom Thong, Thug Khru, Bang Khun Thien)
  • Suburban provinces outer Bangkok (Rangsit, Nonthaburi, Samut Prakan, Pathum Thani)
Circumstance of pre-owned detached house Householder prefer to “Sell” most 83.5% of market by top 3 areas that have sale post most are East outer ring road (42.3%), West outer ring road (32.3%) and Urban (10%). The next is “Rent” 12.8 of market by top 3 areas are East outer ring road (42.4%), Urban (20.6%) and West outer ring road (17.6%). The remaining is “Both sell and rent” 3.7 of market by top 3 areas are East outer ring road (50%), West outer ring road (20.8%) and CBD (12.5%). Pre-owned detached house price levels in market tend to be based on house size and potential of location. In other word, pre-owned detached houses in areas that can improve for commercial, near the civilization, or be the business center, selling prices and rents will be more increasing based on usefulness of such area. We can classify selling prices in market into 5 levels as follow:
  • Price level less than 5 MB (33.3%) most found in suburban
  • Price level from 5 – 10 MB (36%) most found in outer ring road both east and west
  • Price level from 10 – 15 MB (12.2%) most found in urban
  • Price level from 15 – 20 MB (8.3%) most found in urban
  • Price level more than 20 MB (10.2%) most found in CBD
If you are looking for pre-owned detached house beneath your defined budget but don’t have desired area in your mind or don’t know where you can find such house. TerraBKK Research is going to show information to provide an overview of pre-owned detached house in Bangkok and Perimeters, including median selling price, rents, land area and usage area as basic information for consideration to decide. It’s divided into 5 areas as follow:
  • CBD has median selling price in a range of 15 – 48 MB, median rents 45,000 – 120,000 Baht/month, median land area 65-170 sq.wa and median usage area 250 – 450 sq.m.
  • Urban has median selling price in a range of 8.5 – 18 MB, median rents 30,000 – 50,000 Baht/month, median land area 65-115 sq.wa and median usage area 200 – 400 sq.m.
  • East outer ring road has median selling price in a range of 4.6 – 10.5 MB, median rents 20,000 – 52,000 Baht/month, median land area 60-100 sq.wa and median usage area 165 – 275 sq.m.
  • West outer ring road has median selling price in a range of 4.3 – 10 MB, median rents 16,000 – 32,000 Baht/month, median land area 60-120 sq.wa and median usage area 165 – 265 sq.m.
  • Suburban has median selling price in a range of 2.9 – 4.6 MB, median rents 10,000 – 20,000 Baht/month, median land area 50-75 sq.wa and median usage area 135 – 200 sq.m.
The actual trading situation in the market may have the pre-owned real estate with size and price or leasing per month more or less than the average price shown in this report that based on factors or requirement to sell of such post owner.