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Bangkok is the most visited city in the world and a favorite spot for many overseas property buyers. Personally, Bangkok is one of my favorite cities in Asia.
Even if the Thai economy is growing slowly, people still get attracted to this international melting pot for a number of reasons. With significantly lower property prices than places like Singapore, Hong Kong, and Shanghai, Bangkok will continue to be the number one choice.
Often, investors prefer to buy either new or off-plan properties, but we also see a demand for established property.
In this article, you’ll find interesting new condos for sale in Bangkok, in places like Sukhumvit Road, Sathorn, the Riverside, and more.
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Latest Update: 2020-01-08
- The Base Phetchaburi (was added)
- Walden Asoke
- Siamese Exclusive Sukhumvit 31
- The Sky Sukhumvit
- Ideo Mobi Sukhumvit 66
- Banyan Tree Residences
- Four Seasons Private Residences
1. The Base Phetchaburi (was added)
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Address: New Phetchaburi Rd, Huai Khwang, Bangkok 10310, Thailand
The Base Phetchaburi is a high-end condominium project built by the renowned developer Sansiri. The building will be 36 floors and have 1-2 bedroom units, ranging from 27 to 61 square meters.
Sansiri is famous for its brand The Base with projects built in various parts of Bangkok, including On Nut. The Base Phetchaburi is located only 400 meters away from Thonglor and comes with plenty of amenities, such as a clubhouse, a swimming pool, a community garden, and more.
There are several schools located in the vicinity and you have access to shops and a 7-eleven store.
Project Overview
- Project: The Base Phetchaburi
- Developer: Sansiri
- Completion date: 2022
- Prices: From around THB 4,220,200 (USD 140,000)
- Estimated yield: Not available
- Type: Condominium
- Number of units: 496 (36 floors)
- Amenities: Swimming pool, community garden, clubhouse, security, BBQ, and more
Unit Types and Sizes
- 1-Bedroom: 27 – 40 square meters
- 2-Bedroom: 45 – 61 square meters
About the Developer
Founded in 1984, Sansiri is one of the biggest and most well-known developers in Thailand. The company has built more than 350 projects in different parts of Thailand and is famous for its high-quality units.
They mainly build projects in the medium to the premium segment and in some projects, you must pay up to THB 500,000 per square meter, which is kind of amazing.
Learn More About this Project
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2. Walden Asoke (was added)
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Address: 122-124 Soi Sukhumvit 23, Khwaeng Khlong Toei Nuea, Khet Watthana
Walden is an off-plan condominium project, set to be finished in 2020. It’s located in the sought-after destination of Asoke and right in the heart of Bangkok.
The project consists of only 8 floors and 83 units, giving you a more private and offering a luxurious feeling. The interior is modern and you’ll be able to enjoy a number of amenities, as can be seen below.
Project Overview
- Project: Walden Asoke
- Developer: Habitat Group Co.,Ltd.
- Completion date: Q3 2020
- Prices: From around THB 7 million (USD 220,000)
- Estimated yield: Not available
- Type: Condominium
- Number of units: 83 (8 floors)
- Amenities: BBQ area, sky pavilion, Jacuzzi, fitness garden, parking, playground, security, swimming pool, gym, elevator, wi-fi
Unit Types and Sizes
- 1-Bedroom: 31 – 37 square meters (38 units)
- 1-Bedroom Plus: 37 – 46 square meters (36 units)
- 1-Bedroom / Plus Duplex: 54 – 66 square meters (7 units)
- 2-Bedroom Duplex: 64 – 65 square meters (2 units)
About the Developer
Habitat Group started out as late as 2012 but has managed to launch a number of successful projects in Thailand, like The Ville Jomtien. They primarily focus on property in the upper-midscale and with luxury properties.
Learn More About this Project
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3. Siamese Exclusive Sukhumvit 31 (Phrom Phong)
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Address: Sukhumvit 31, Klongton Nua, Wattana, Bangkok 10120
Siamese Exclusive 31 was completed in 2017 and is a high-end condominium located approximately 1,2 km away from the Phrom Phong BTS station, and 850 m from Asoke. It’s right in the heart of Bangkok and offers a number of modern amenities.
The project combines greenery with luxury and private terraces, with 24/7 security and privacy.
Project Overview
- Project: Siamese Exclusive Sukhumvit 31 (External Link)
- Developer: Siamese Asset
- Completion date: 2018
- Prices: Starting from THB 9.9 million (USD USD 305,000)
- Estimated yield: 4%
- Type: Luxury Condominium
- Number of units: 192
- Amenities: Sky pool, gym, meeting rooms, parking, library, and more
Unit Types and Sizes
- 1-Bedroom: 45 square meters (External Link)
- 2-Bedroom: 69 square meters (External Link)
- 3-Bedroom: 115 square meters (External Link)
- Penthouse: 181 square meters (External Link)
About the Developer
Siamese Asset was established in 2010 and based in Thailand. The company has finished a handful of projects in Bangkok, some examples are Siamese Exclusive Queens, Siamese Exclusive, and Siamese Sukhumvit.
Learn More About this Project
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4. The Sky Sukhumvit (Udom Suk)
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Address: 4105 Sukhumvit Rd (Soi 103/4), Bang Na, Bangkok 10260
The Sky Sukhumvit is a luxury condominium, located 250 m away from the Udom Suk BTS station. There are a handful of international schools, hospitals, and commercial areas within a distance of 1 km.
Project Overview
- Project: The Sky Sukhumvit (External Link)
- Developer: Property Perfect
- Completion date: 2015
- Price: Starts from THB 2.6 million (USD 80,000)
- Estimated yield: 4-5%
- Type: Condominium
- Number of units: 898
- Amenities: Swimming pool, gym, sky garden, and more
Unit Types and Sizes
About the Developer
Property Perfect is listed on the stock exchange of Thailand, and started out in 1985. With more than three decades of experience, the company has managed to become one of the leading developers nationally.
Property Perfect has built and managed a number of projects, with properties priced at everything between THB 1 – 150 million. In addition to Bangkok, they build property in Hua Hin, Khao Yai, and more.
Learn More About this Project
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5. Ideo Mobi Sukhumvit 66 (Udom Suk)
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Address: 2740 Sukhumvit Rd, Khwaeng Bang Na, Khet Bang Na, Krung Thep Maha Nakhon 10260
Ideo Mobi Sukhumvit 66 is a high-end condominium located 50 m away from the Udom Suk BTS station. We see more activity going on in areas located further away, places like On Nut and Udom Suk get increasingly interesting.
Ideo Mobi Sukhumvit 66 offers a wide range of amenities and services and won the ‘Architecture Multiple Residence Award’ by Property Guru, 2017-2018.
Project Overview
- Project: Ideo Mobi Sukhumvit 66 (External Link)
- Developer: Ananda Development PCL
- Completion date: Q4 2018
- Price: Starting from THB 5.19 million (USD 160,200)
- Yield: 5%
- Type: Luxury condominium
- Number of units: 298
- Amenities: Sky lounge, swimming pool, gym, sauna, and more
Unit Types and Sizes
- 1-Bedroom: Around 35 square meters
- 2-Bedroom: Around 52 square meters
- 3-Bedroom: Around 80 square meters
Unit Overview
About the Developer
Ananda Development PCL is one of the biggest property developers in Thailand and has been involved in many projects over the years. The company was founded in 1999 and is currently headquartered in Bang Phli.
Other projects built by Ananda include Venio Series (condos), Elio Series (condos), AIRI Series (houses), Atoll Series (houses).
Learn More About this Project
To know more about this project, simply fill in this form and we’ll connect you with a leading agent in Bangkok.
6. Banyan Tree Residences (Riverside)
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Address: Soi Somdet Chao Phraya 17, Khwaeng Khlong San, Khet Khlong San, Krung Thep Maha Nakhon 10600
Banyan Tree Residences is a 45 storey luxury condominium located next to the river Chao Phraya. It’s built further away from the hustle and bustle that can be experienced in areas like Phrom Phong and Thong Lo.
The project is unique in the sense that there are only four units per floor, giving you more privacy, adding to the luxurious feeling.
The condo includes a number of modern amenities and services, for example, you can enjoy private dining with a private chef, an elegant rooftop restaurant, a riverside lounge, and more.
Project Overview
- Project: Banyan Tree Residences Riverside Bangkok
- Developer: Nirvana Daii PLC
- Completion date: Q4 2018
- Price: Starting from THB 22.9 million (USD 707,000)
- Estimated yield: 4-5%
- Type: Super luxury condominium
- Number of units: 133 riverfront units
- Amenities: Riverside lounge, pool, sauna, gym, spa, riverside jetty pool, and more
Unit Types and Sizes
- 1-Bedroom: 69 – 85 square meters
- 2-Bedroom: 158 – 179 square meters
- 3-Bedroom: 245 square meters
- 4-Bedroom: 419 – 421 square meters
- Penthouse Duplex: 838 square meters
Unit Overview
About the Developer
Nirvana Daii (NVD) is a developer based in Bangkok, it was established with the merger of Nirvana Group (founded in 2005) and the Daii Group. Nirvana Daii has completed a number of projects, including condos, townhouses, and home offices.
Learn More About this Project
To know more about this project, simply fill in this form and we’ll connect you with a leading agent in Bangkok.
7. Four Seasons Private Residences Bangkok (Riverside)
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Address: 64 Charoen Krung Rd, Wat Phraya Krai, Bang Kho Laem, Krung Thep Maha Nakhon 10120
Four Seasons Private Residences is a 5-star luxury compound, with a 350 meter long river frontage. The apartment building is wedged between two high-end hotels, giving you a more luxurious feeling.
This reduces the risk of having problems with new projects, that could otherwise block your view, or create noise from construction.
Four Seasons Private Residences is indeed a luxurious project and in the upper price range.
Project Overview
- Project: Four Seasons Private Residences (External Link)
- Developer: Country Group Development
- Handover date: Q4 2018
- Average price: THB 330,000 (USD 9880) per square meter
- Estimated yield: 4-5%
- Type: Super luxury condominium
- Number of units: 355
- Amenities: Golf green, Swiss village, beach club, tennis courts, restaurants, and more
Unit Types and Sizes
- 1-Bedroom: 105 – 137 square meters
- 2-Bedroom: 115 – 140 square meters
- 3-Bedroom: 191 – 215 square meters
- 3-Bedroom Duplex: 219 – 239 square meters
- 4-Bedroom: 396 – 399 square meters
- 4-Bedroom Duplex: 355 – 358 square meters
- 5-Bedroom Duplex: 492 – 499 square meters
About the Developer
Country Group Development (CGD) is an international real estate developer based in Thailand. The company is an investment arm of Country Group and also operates in IT.
In addition to Four Seasons Private Residences, they have developed a number of other projects, for example, Capella Bangkok, and Elements Srinakarin.
Learn More About this Project
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FAQ
Below you can find frequently asked questions from property buyers, including our replies.
Can foreigners buy property in Bangkok?
Yes, foreigners have no particular issues to get freehold ownership of strata-titled property (condominiums). This is a preferred property type in Bangkok, buying villas is not as common.
You can’t own land as a foreigner in Thailand but have the option to lease land for a maximum period of 30 years. Preferably, you should have the possibility to renew the lease for at least 30 years.
Do I need to live in Bangkok if I own a property there?
No, you don’t necessarily need to live in Bangkok if you own property there.
Many foreigners buy property in Bangkok for the sole purpose to rent out their properties.
What makes Bangkok a good place for property investments?
Bangkok is an international hub with a lot of foreigners. You can find everything from expats, tourists, digital nomads, and retirees, who have decided to settle down in Bangkok.
Even if countries like Vietnam and Cambodia get increasingly interesting, and grow faster economically, Bangkok will always be a preferred choice among many foreigners.
Some people claim that property prices are overvalued in Bangkok.
But maximizing rental yields, or capital appreciations, are not always the sole goals for buyers. As a matter of fact, prices are still low, and the yields high, compared to places like Singapore, Japan, Mainland China and Hong Kong SAR.
How many properties can I buy?
There’s no cap to the amount of properties that you can buy as a foreigner.
However, foreigners can maximum buy 49% of the units in condominium projects.
Can I rent out my property?
Yes, you generally have no issues to rent out your property in Bangkok. Just be careful if you plan to rent out on AirBNB.
According to the Hotel Act (2004), you can only rent out your apartment for a minimum period of 30 days at a time.
The condo management (board) often stipulate their own rules as well. Be sure to confirm what regulations that apply in your specific compound, before you buy.
Can I own land as a foreigner in Bangkok?
You cannot own land as a foreigner, this is a common practice in many other Southeast Asian countries.
Instead, you can lease land during a period of 30 years, sometimes with an option to renew the leasehold period.
Some foreigners take the help of a local nominee or buy land with the help of their spouse, even if these can be more risky options.
How high are the yields?
Thailand is fairly stagnated economically compared to neighboring countries like Vietnam, Cambodia, and the Philippines. The yields average at around 4% in Bangkok, which is okay, but still lower compared to many of its neighbors.
Still, places like Bangkok and Phuket offer a great quality of life and are more internationalized. Even if places like Ho Chi Minh City are catching up, Bangkok will be the preferred choice for many foreign buyers.
You’ll find a great number of international schools, high-end restaurants and plush bars that can’t be found elsewhere.
Can I get a long term visa if I buy property in Thailand?
Another great benefit of buying property in Bangkok is that you can apply for a long term investment visa referred to as the Thai Investment Visa. You need to renew the visa on a yearly basis, technically, you can stay in Thailand indefinitely.
The benefits are similar to permanent residents.
Simply put, you need to invest (or deposit) at least THB 10 million (around USD 305,000) into any of the following assets:
- Newly built condos (minimum THB 3 million)
- Government or state-enterprise bonds
- Deposit money into a Thai bank account
If you’re 50 years old or above you also have the option to apply for a retirement visa.
On top of that, Thailand offers a so-called Elite Card, in short words, you ‘buy’ your right to stay.
Other Thailand Property Guides
Want to learn more about taxes, visas and the buying process? Check out these articles:
