- Residential
Chom Phon is the area located next to Chan Kasem and the property developments in the area are much the same expect a bit more expensive. You can look at property developments in Chatuchak as well as property developments in Chan Kasem as you will note that they located close to each other but each caters to either a higher or lower clientele. The Chom Phon District is a slightly high value are as can be seen from the most recent developments.
Chom Phon District
Much like property in Chan Kasem the real estate in the Chom Phon area tends to be higher close to the BTS and MRT subway system. These are the BTS Phahon Yothin, BTS and MRT in Mo Chit as well as Ratchadaphisek which is slightly outside of the area and a well-known hotspot for nightlife such as nightclubs, restaurants and other entertainment.
Property prices in the Chom Phon district ranges from 4,000,000 THB to 9,000,000 THB and this is slightly above the areas close to it. Metris is a property development close to the LadProa MRT subway system and these have ranged from 4,000,000 THB for 30 Sqm which is 130,000 THB per Sqm which is on the low end but close to mass transit at Lad Proa station. Ladprao 18 is a large development with 2 bedroom units going for 8,000,000 THB for 49 Sqm which works out to about 160,000 THB per square meter.
With further extensions to the BTS and MRT in the are the property will more likely than not increase in value. You will need to speak to an investment advisor if you are looking for investment property of holiday home type property. Also, always take proper legal advice as there are limitations on property in Thailand when it comes to foreigners. Having a due diligence done on the property is usually a good idea if you are going to be spending a large amount of money. Always speak to a property lawyer in Thailand for more information and advice.
The Chom Phon district is very popular with middle class Thailand and there have been many developments in the area over the past 6 years. Wachirabenchatat Park which is a large public [ark in Bangkok is very close which is ideal for children. The Securities and Exchange Commission is also in the area and there are many malls in the district. If you are looking at a holiday home, then the real estate on offer in the Chom Phon has much to offer.
Like many expats you might want to rent a condo in Chom Phon in order to see if you like the area. See the article on viewing property and always check to see if the roads, medical and shopping facilities are to your liking. If you do not know an area in Bangkok, then it is always best to rent in the area before you buy. Consider all your options from rentals to purchasing property in Thailand and always take proper advice before you invest.
