When it comes to attractive locations for luxury homes, "Bangkok Kritha" is one of the first places that comes to mind. Recently, "Bangkok Kritha" has become one of the fastest-growing residential areas in Bangkok, with developments in commerce, education, and convenient transportation routes, including proximity to the Orange and Yellow subway lines and the Airport Rail Link, making it close to Suvarnabhumi Airport. It serves as a hub for high-quality residential projects on the eastern side of Bangkok, with a community that fully supports high-end living.

Why is "Bangkok Kritha" a location with endless growth opportunities every year?

The development plan for Bangkok has been in place for over 20 years. The "New Bangkok Kritha Road" has been a significant turning point for land development in the "Bangkok Kritha" area, allowing for rapid growth and accommodating urban expansion, creating a "community in a big city" similar to major urban growth worldwide or important districts in Japan, such as Asakusa, Shibuya, Ginza, and Shinjuku, which are major shopping and tourist areas, as well as key business districts in Tokyo. This development is spreading out into the outer areas of the city center, maintaining convenient access with proximity to subway stations and easily connected roads.

"Bangkok Kritha" is a location developed alongside the growth of Srinakarin-Romklao Road or the New Bangkok Kritha Road. In 2019, the 6-8 lane road began at the Srinakarin-Ramkhamhaeng 24 intersection, connecting Bangkok Kritha Road with Chao Khun Thahan Road and extending to Ramkhamhaeng Road, providing quick access to the New CBD.

This road connects with several major roads, such as Rama 9 Road and Ramkhamhaeng Road, making it a new target location for leading Thai real estate developers who have actively developed residential projects in the area over the past 5-6 years, particularly luxury homes that are continuously launched along the New Bangkok Kritha Road. The land in "Bangkok Kritha" is located in a "yellow zone" or low-density residential area, which controls building heights and limits the types of businesses that can operate, resulting in less crowded and orderly residential projects surrounded by a peaceful and lush environment, making it a prime location for living.

Currently, "Bangkok Kritha" has become a hot diamond location in eastern Bangkok, attracting wealthy individuals interested in owning luxury homes in this area to create an image that matches their social status.

New Landmark Location: In the past 10 years, land prices in "Bangkok Kritha" have skyrocketed by 150%.

Since 2017, land development in "Bangkok Kritha" has continued to grow, with land prices rising alongside new project developments from 2019 to 2021. We saw homes priced below 10 million baht, but since 2022, almost every new project in "Bangkok Kritha" has been launched at prices not lower than 10 million baht, with some projects starting from 20 million baht to over 100 million baht, reflecting the ongoing demand for luxury homes in this area. Some projects, even if launched recently, have been able to sell out 100% quickly.

The development of the "Bangkok Kritha" area is supported by various factors, including its strategic location connecting multiple major roads, essential infrastructure like the Yellow and Orange subway lines that enhance travel convenience, easy access to Suvarnabhumi Airport, and the availability of amenities that support lifestyle needs. Additionally, the continuous development of luxury residential projects by major real estate developers reinforces the potential of the Bangkok Kritha area, making it unsurprising that land prices in this area continue to rise every year.

In the past 10 years, the "Bangkok Kritha" area has seen continuous increases in land sale prices, growing by 150% or an average of 13% per year. Since 2012, the average land sale price was 58,000 baht per square wah, and now the asking price ranges from 160,000 to 220,000 baht per square wah, which is 2-3 times higher than the assessed value.

Meanwhile, the launch prices of homes in the "Bangkok Kritha" area have increased every year since 2015, averaging 29% per year, reflecting the growth potential of this area, which is set to become another high-potential location that can increase the value of homes in this zone, making it a golden location that can be passed down as an inheritance to future generations. This meets the needs of high-end customers with strong purchasing power, especially in an era where inflation is rising rapidly, making it an opportune time to invest in real estate for both living and long-term investment, as real estate is an asset that can appreciate in value and outpace inflation in the future.

(Source: terrabkk research)

In addition to purchasing for personal residence, in recent years, "Bangkok Kritha" has become one of the most watched locations for real estate investment, especially in luxury homes, from investors who see the opportunity to invest for worthwhile returns. They view investing in luxury homes not just as buying a residence but acquiring a high-value asset that meets needs and reflects the social status of the owner perfectly. Furthermore, luxury homes can also generate long-term returns.

Especially in the "Bangkok Kritha" area, which is a hub for luxury homes ranging from Luxury to Ultra Luxury, attracting quality tenants continuously, allowing for high rental prices, providing stable income for investors. Importantly, luxury homes tend to appreciate in value over time due to high market demand and other factors, such as surrounding area development, enabling homeowners to profit from selling luxury homes at high prices in the future.

In the past, the demand for premium housing from foreign tenants interested in homes in the "Bangkok Kritha" area has been significant, including foreign businesspeople operating in Thailand and expatriate executives in multinational companies who receive housing benefits. This group represents high purchasing power, seeking luxury homes for residence to create an image of credibility and success, which is highly valued by foreign businesspeople.

Besides beautiful home designs, this group of tenants often looks for homes with high living standards, spacious living areas for comfort, and space for hosting guests or organizing events. At the same time, homes must be equipped with various amenities, such as swimming pools, fitness centers, and home offices, making life convenient and catering to the lifestyle of businesspeople who desire comfort and privacy, along with strict security systems that ensure residents feel safe and private.

Investing in Luxury Homes in "Bangkok Kritha" Creates an Average Rental Yield of 7-9% per Year*

The demand in the luxury rental market in the "Bangkok Kritha" area is considered higher than in other zones due to land value, increasing demand, and continuously growing investment returns, resulting in opportunities for profits from price differences higher than in other areas, especially homes in the upper market priced over 30 million baht, which can generate an average rental yield of 7-9% per year*. Rental prices range from 150,000 to 650,000 baht per month, depending on land size, usable area, decoration, amenities within the home, and common areas. Homes that are well-decorated, including beautiful and distinctive project areas and house designs, will attract more rental demand.

(Source: terrabkk research)

"Bangkok Kritha" is considered a New Landmark Location where major real estate developers continuously launch luxury homes. If calculated, the total project value may exceed 100 billion baht. The growth of the community area has made "Bangkok Kritha" increasingly popular among high purchasing power customers, including foreign nationals, especially as it develops into a zone that includes educational institutions with several international schools, such as Brighton College Bangkok, Wellington College International School Bangkok, Shrewsbury International School Bangkok, and Mandarin International School, catering to those in this area who seek quality communities for their children without needing to travel to the city center.

Currently, the "Bangkok Kritha" area is well-equipped with amenities, including the Bangkok Kritha Market Place, featuring leading stores such as Tops, Starbucks, Wine Connection, Sousaku, Thongsamith, Greyhound Cafe, and Ergotrend, making it a truly luxurious residential area. In the past 2-3 years, new communities have continuously emerged, such as the largest PTT Station, which includes several restaurant brands within Little Walk Bangkok Kritha, and Nirvana PORCH, which features various international restaurants like Villa Market, Sukishi, RENJI IZAKAYA, Limkia Hotpot Mala, Taco Bell, and A Ramen.

In terms of healthcare, the "Bangkok Kritha" area is home to leading medical facilities that meet all health needs, with hospitals staffed by professionals and equipped with modern medical technology, such as Samitivej Hospital (Srinakarin), Vejthani Hospital, and Vibhavadi Hospital.

All the amenities in this zone primarily cater to upper-level customers, supporting a premium lifestyle effectively.

Moreover, Suvarnabhumi Airport, which has been operational since 2006, is another crucial factor attracting residents to the "Bangkok Kritha" area, catering to various customer groups, including businesspeople who travel frequently. The area surrounding Suvarnabhumi Airport has seen significant development, particularly in infrastructure projects supporting travel, including roads and the Airport Rail Link connecting the airport to downtown Bangkok. Residents in the "Bangkok Kritha" area can reach Suvarnabhumi Airport in just 20-25 minutes via Kanchanaphisek Road and the motorway, greatly enhancing travel convenience for both domestic and international journeys.

"Bangkok Kritha": A Luxury Home Location Passed Down Through Generations

Future infrastructure development will be another factor supporting the high growth of land in this area, especially the high-speed rail project connecting three airports, which will facilitate travel from Bangkok to the Eastern Economic Corridor (EEC), enhancing important business connectivity in Thailand. Additionally, two subway lines are set to enhance the attractiveness of the "Bangkok Kritha" area: the Yellow Line from Ladprao to Samrong and the Orange Line from Bang Khun Non to Min Buri (Suwinthawong), expected to be completed by 2029. Once these three projects are fully operational, the land value in "Bangkok Kritha" will increase even further.

Another appealing aspect of the "Bangkok Kritha" area is its premium golf courses and several public parks that connect the luxury lifestyle, including the Romklao Community Forest Park, a large green space of over 30 rai designed as a community forest park suitable for exercise, relaxation, and outdoor activities, as well as the Bangkok Kritha Golf Course, which has a rich history of over 50 years on more than 700 rai, maintaining a classic charm and offering commercial spaces catering to golf enthusiasts, enhancing the image of the "Bangkok Kritha" area and attracting high-purchasing power residents and investors, allowing them to experience a truly premium quality of life.

If you are considering investing in luxury homes, mark "Bangkok Kritha" as a golden investment location that should not be overlooked.

After discussing the positive factors that contribute to the growth and value increase of real estate in the "Bangkok Kritha" area, it becomes clearer that beyond purchasing for residence, "Bangkok Kritha" is another golden location that investors should not overlook for luxury home investment this year.

1. High-Potential Location - Rapid Infrastructure Development

"Bangkok Kritha" is a location with continuous and systematic infrastructure development, featuring wide roads connecting multiple major routes, close to the Si Rat Expressway, enhancing convenience. Public transportation systems facilitate easy travel in and out of the city, such as the Airport Rail Link, along with upcoming projects like the Orange Line, which will play a significant role in transportation, resulting in continuous increases in land and home prices in this area.

2. Comprehensive Amenities

Not only is travel convenient, but "Bangkok Kritha" is also surrounded by amenities that cater to various lifestyles, including shopping malls, international schools, hospitals, golf courses, and famous restaurants, making living in this area comfortable and providing a large community that fully supports upper-level residents.

3. Pleasant Living Environment

Another interesting aspect is that "Bangkok Kritha" is known for its tranquil environment and privacy, making it an ideal residential area for large families and modern families, with green spaces, parks, and golf courses that enhance the experience of living in a nature-surrounded area, adding freshness and a pleasant atmosphere.

4. Spacious Luxury Homes Suitable for Large Families

"Bangkok Kritha" is a location that includes luxury home projects ranging from Luxury to Ultra Luxury, offering spacious living areas that reflect the success of residents and cater to urban lifestyles effectively, making it desirable, especially for expatriates seeking such rental homes that are hard to find in the city.

5. Flourishing Investment Opportunities Creating Future Capital Gains

In terms of returns, the potential of the "Bangkok Kritha" area makes it a location with investment opportunities, an interesting choice for those looking for luxury home investment opportunities, especially for rental purposes. Currently, there is limited supply of luxury homes for rent compared to the ongoing demand, particularly from high-purchasing power foreign business clients. Therefore, investing in luxury homes requires consideration of land size, design, amenities, and project location to meet the needs of this customer group, ensuring good long-term returns. Simultaneously, whether for personal residence or rental, luxury homes in the "Bangkok Kritha" area are likely to appreciate in value as the area develops, positively impacting buying and selling prices, leading to increased capital gains.

CINQ ROYAL KRUNGTHEP KREETHA: The Pinnacle of Pride Reflecting Life's Success

A super-luxury mansion ready for occupancy from Asset Five Group Public Company Limited (A5), located in the heart of "Bangkok Kritha," has experienced significant growth in the area, with the first phase of homes sold out and receiving booking rights for the next phase, selling over 70% since the first day of sales. It is one of the projects that has performed well in rentals and has a high investment yield according to market research data, with rental statistics reaching the highest rate of 1 million baht per month*, translating to an investment yield of approximately 10%*. Not only does it represent an asset that can be passed down through generations, but it also serves as wealth that can be further developed.

Covering nearly 29 rai with high privacy due to only 46 units on land sizes ranging from 117.5 to 222.3 square wah, with usable areas from 705 to 1,015 square meters, along with exclusive facilities designed like a private club for residents, featuring uniquely designed homes that are timeless beyond just being a "house."

At CINQ ROYAL Krungthep Kreetha, you have the opportunity to own one of the last 3 units available.

For more information:

https://cinq-royal.com

Or call: 098 818 9941