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Thong Lor To Be Next Property Hotspot

Posted by admin on January 13, 2015

According to Real Estate agency Property Plus Consultancy, Thong Lor area is thought to be the next main hotspot for property buyers. In fact, demand has always been quite strong and keeps on rising. Moreover, supply remains limited and the area is renowned for offering a unique urban lifestyle with remarkable transport facilities.

On average, condominiums’ take-up rate reaches as much as 70 to 100% – which is higher than Bangkok average. Plus, prices have increased by 27% over the last past 5 years.

“Condominium prices in Thonglor are growing at a faster rate than in nearby side roads, and these projects in the prime central zone are generating more interest compared to projects located closer to the BTS Skytrain station. Prices here have risen as high as THB177,000 per sqm,” said Poomipak Julmanichoti, Managing Director of Plus Property.

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