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Bangkok is now a desirable living, investment choice

Bangkok has become more than just a tourist destination.
Bangkok has become more than just a tourist destination.PHOTO: NOBLE

There’s no denying that Bangkok has spectacular food and endless shopping opportunities. Its vibrant street life, lavish luxury hotels and the golden spires adorning its temples have made the city a popular tourist destination for decades.

But in recent years, Bangkok has become more than just a charming destination.

The megapolis has been experiencing a growth spurt, which has been helped by the Thai government's all-out push to upgrade the country through 2.2-trillion-baht (S$89 billion) of investments — with a focus on transportation infrastructure — to improve the nation’s competitiveness on the global stage.

At present, there are two existing airports — Suvarnabhumi International Airport, the world’s seventh largest airport, and Don Mueang International Airport. The Mass Rapid Transit Master Plan in Bangkok Metropolitan Region is expected to be completed by 2029. Its tracks will cover about 509km, and will make Bangkok one of the most desirable living and investment choices.

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These developments have driven Bangkok's real estate market to record prices. 

The city’s main central business district (CBD) Sukhumvit — which covers the key areas of Ploenchit, Asoke and Phrom Phong — and rapidly developing areas like Ratchada and Ari where commuters can easily access Sukhumvit via the BTS skytrain and MRT subway are now home to the regional headquarters of global brands and internationally-recognised restaurants and bars that are on par with London and Tokyo. And the city continues to attract the opening of many new six-star hotels and world-class malls. 

Land scarcity in these prime areas has resulted in an intense competition among developers, said Thailand’s market leader in real estate services CBRE. This has led to an increase in land prices, especially in the downtown area.

Noble Development is the first developer to have acquired prime locations in Bangkok’s most sought-after areas. Its condominium projects are in convenient, central locations connected to the mass transit lines and close to expressways. Each neighbourhood has its own distinctive characteristics and charm.

PLOENCHIT

This prestigious address at the beginning of Sukhumvit is surrounded by everything life has to offer ranging from luxury mall, Central Embassy, and prime office building, The Park Ventures Ecoplex, to five- and six-star hotels like The Okura Prestige Bangkok and Park Hyatt. In this area, Noble’s iconic skyscraper, Noble Ploenchit, sets a new standard.

ASOKE

Asoke is located at the intersection of BTS Asok, MRT Sukhumvit and the Airport Railway Link. This makes travelling to Bangkok's best offerings a breeze. Noble’s Asoke project is plugged right into this veritable hub of connectivity.

PHROM PHONG

Strategically located in the centre of Sukhumvit, Phrom Phong is home to some of the Bangkok’s best attractions and restaurants. It is also close to parks and leisure facilities, and the side alleys have boutique offerings to cater to the numerous Japanese and Western expat families in the area. Noble’s projects here are in the heart of Bangkok’s most multicultural neighbourhood and a world-class shopping destination. It is also a short distance from the EM District. 

RATCHADA

This is Bangkok’s new CBD, with gleaming corporate offices that have attracted a vibrant crowd of young executives. It is still affordable, but rapid growth in the area will see its prices catch up with other prime locations. Noble’s projects are nestled in the heart of this new CBD — it is at MRT Thailand Cultural Centre, within two stops of the Airport Railway Link (MRT Phetchaburi) and only three stops to MRT Sukhumvit, which is connected to the Sukhumvit CBD. It is near famous shopping malls like Terminal 21.

ARI

Ari is Bangkok’s hippest neighbourhood with tree-lined streets, buzzing creative enterprises and happening restaurants. It is near the city center. Noble is the most influential developer in the area, having significantly shaped Ari’s modern lifestyle. Ari will soon welcome another landmark by Noble — the tallest building in Phaholyothin Road.

Moving forward, Noble will continue to be at the centre of Bangkok’s growth, with the fast-growing mass transportation network connecting its condominiums’ residents to the best the city has to offer.

Noble’s projects represent some of the last chances to own freehold property in the city's skyline. Compared to property in Singapore and Hong Kong, property in Bangkok still has fantastic value, though prices in its most desirable areas are soaring. This makes it the right time to buy the right property with Noble.

Check out this video to explore the authentic charm of Bangkok and its prime living neighbourhoods.

Are you looking for Bangkok’s most iconic properties? Visit www.noblehome.com/skyscraper


Disclaimer

This is an overseas investment. As overseas investments carry additional financial, regulatory and legal risks, investors are advised to do the necessary checks and research on the investment beforehand.

Noble Development Public Company Limited (Registration No. 0107538000312), located at NOBLE Building, 1035 Ploenchit Rd., Lumpini, Pathumwan, Bangkok 10330. Registered and paid-up capital: THB 1,396 million. Noble Development Public Company Limited and subsidiary companies’ major business are residential property for sale business, including single detached houses, horizontal and vertical condominiums as well as housing construction and other property related business. Land title deed no.:  229, 705, 706, 3311, 4991, 2489, 2491, 2586, 6098 and part of land title deed no.5286 Bangkok Thailand.

Remark: Noble Development Public Company Limited reserves the right to change all information without prior notice.