What do you need to know about Bang Khae?
Bang Khae is one of the fifty districts present in Bangkok and is located in the northeastern part of the city. The neighbouring districts surrounding Bang Khae from the north in the clockwise direction are Thawi Watthana, Taling Chan, Phasi Charoen, Bang Bon, and Nong Khaem District. The name of the district is inspired by a canal Khlong Bang Khae, which links the Than Chin River to Klong Bangkok Yai. The construction for the canal was first commenced in 1866 and was completed in 1972 while the name was given after the man who had overseen the project. Phasi Charoen Sakha 1 district was combined with the Lak Song sub-district, formerly part of Nong Khaem District, to form a new district, called Khet Bang Khae. The district as established as Amphoe Bang Khae in the year 1899 and later, during the middle of 1972, the Amphoe was upgraded to the status of Khet Bang Khae. There are seven sub-districts within the land area covered by Bang Khae which is 17.834 square kilometres and houses a population of about 126,824 as per the records of the census conducted in the year 2017. The district of Bang Khae is passed by the Bangkok MRT Blue Line and is the main mean of transport in the area.
Some essentials in Bang Khae
The district of Bang Khae is home to major tourist attractions as well as amenities for people staying there. The markets in the area are resourceful and offer cheap prices while hospitals and schools too are abundant in the district. The places that are sure to be useful to you if you are looking forward to settling down in Bang Khae are listed below.
Khlong Bangkok Yai – The name Pak Khlong Bang Khae when literally translated means "mouth of Bang Khae canal", as it is the convergence point of three canals Bang Khae, Chak Phra and Bangkok Yai. The canal Khlong Bangkok Yai is the spot if a floating market that has been there for many years and is one of the largest markets in all of Thailand.
Bang Khae market – This is a fairly large wet market in the district and is considered to be one of the largest markets in the entire country in the Thonburi and Bangkok side. Bang Khae Market is a market along the Khlong Phraya Ratcha Montri or simply Khlong Ratcha Montri. The area of the market has been identified as a traditional community.
How is the Bang Khae real estate market?
The real estate market in Bang Khae is flexible and suits the needs of both families and bachelors who are looking to settle down in the district. If you are looking to rent a property, you can find condos, townhouses and single houses right at your disposal. A studio condo for rent can be found with prices around 12,000 for rent Baht a month if you choose to settle down in the main street. Condos for rent with multiple bedrooms, as much as three, can be found in the heart of the city with the rent hiking to as much as 25,000 Baht for rent each month. Townhouses for rent are also available in the district with monthly prices ranging from 10,000 to 20,000 Baht for rent again in the eventful places of the district. If you prefer to live in a detached house or single house for rent located near amenities such as hospitals, it would cost you around 35,000 to 100,000 Baht each month for rent. The rent drops significantly if you move a little farther from the said locations, you can find a studio condo for rent at 8,000 to 17,000 Baht for rent and single houses and townhouses can be found at a rent of about 34,000 and 95,000 Baht for rent depends on the size, location, type and number of bedrooms.
What is the most popular type of property on sale in Bang Khae and why?
If you are looking to buy your piece of property in Bang Khae, the process is going to be incredibly easy! Although most of the country is looking for villas to settle down, the condos in the district of Bang Khae are attracting much more attention. You can get a one-bedroom condo for sale from a reputed developer at around 2,500,000 Baht for sale if you are looking to settle down in the heart of the district. Townhouses for sale are also available in the area and can be found at a price of around 3,200,000 Baht for sale at the same location. If you choose to settle down in a luxurious three-bedroom condo for sale, it would be a little harder to find and the price shoots up a bit to around 10,500,000 to 12,000,000 Baht just for the sale price. Whereas a second-hand single house for sale is more readily available in the district and the prices in the main area range from about 15,500,000 to 32,000,000 Baht depending on the size of the property. If you choose to move away from the prime locations in the district the prices can be seen to drop expressively with studio condos available at 840,000 Baht for sale. Finding three-bedroom condos for sale in the uneventful parts of the district can be a tedious job but the good part, the prices drop to as much as 2,000,000 Baht for sale. Prices of townhouses for sale have also been seen to drop to as much as 1,800,000 to 3,000,000 Baht for sale price. Single houses for sale can also be found at lower prices from the crowded places with the sale price ranging from 13,500,000 to 15,000,000 Baht.
What are the main reasons for investing in Bang Khae properties?
The district is continuously improving its infrastructure and also promises high returns on investments to the real market investors who venture out into this market. Another reason to invest in the properties of this district is that the educational facilities they offer such as Siam University are arguably the best in the country. The district also houses some of the best healthcare facilities and an example can be Kasemrad Hospital Bang Khae. The Covid 19 effect all Sale price and rent price but expected of all property prices to rise again after the Covid 9 will be over