What do you need to know about Bangkok Noi?
Bangkok Noi is one of the fifty districts present in Bangkok and is located in the western part of the city. Located on the western bank of the Chao Phraya River the district was once a part of the Bangkok Noi district but later became a part of Bangkok after Bangkok Noi was merged with it. The neighbouring districts surrounding Bangkok Noi from the north in the clockwise direction are Bang Phlat, Phra Nakhon (across Chao Phraya River), Bangkok Yai, Phasi Charoen, and Taling Chan. Along with the native inhabitants, Bangkok Noi was earlier settled by foreigners, the Chinese merchants used to live here and after the fall of the Ayutthaya kingdom to the Burmese, the district was inhabited by the Portuguese. Originally the district was called Ratchakhrue because a Wat situated at a short distance, carried the same name. It was named as Bang Yi Ruea on 11th July 1916 and later, on 17th April 1939, the name was finally changed to Bangkok Noi and was merged with Bangkok in December 1971 which forms the current area of Bangkok. The total land area covered by Bangkok Noi is about 11.944 square kilometres while housing a population of 112,046 as per the records of the census conducted in 2017. The district is served by a railway station which was earlier known as Thon Buri and can easily be accessed by people living in Bangkok Noi district. The train goes through the Bangkok Noi station in the district.
Some essentials in Bangkok Noi
Bangkok Noi is one of the busiest districts in Bangkok and shockingly enough, houses some of the cheapest and most resourceful markets in the entire city. Some of the locations in the district to look out for are listed below for you to consider.
Siriraj Hospital is one of the most known places of healthcare in the country and is present in the district, along with the Siriraj Museum just beside the hospital as an excellent place to gain a breath of fresh air and rejuvenate your senses.
How is the lifestyle in Bangkok Noi?
The prices of commodities needed for sustaining life in this district is significantly higher than most urban districts in the country of Thailand. The least that you have to spend in order to maintain a standard lifestyle in the district is around 30,000 Baht if you choose to rent a studio condo in the outskirts if the district, if you are looking to live lavishly in the same location at a deluxe condo, you would have to spend around 70,000 Baht a month depending on your lifestyle and the type of property.
How is the Bangkok Noi real estate market?
If you are looking to rent a property, you can find condos, townhouses and single houses are the properties available to choose from. The rent for a one-bedroom studio condo for rent is around 11,000 Baht for rent if you choose to settle down closer to amenities like the Silpakorn University International College (SUIC). Condos for rent with multiple bedrooms can be found in the heart of the district, with the rent hiking to as much as 30,000 Baht. Townhouses are also available in the district with rent ranging from 15,000 to 120,000 Baht for rent again in the main area of the district. If you prefer to live in a detached house or single house on rent located near the amenities, it would cost you around 25,000 Baht for rent. The rent drops quite a bit if you move a little farther from the said locations, you can find a studio condo at a rent of 7,000 Baht for rent and single houses be found at a rent of about 15,000 Baht for rent.
What is the most popular type of property on sale in Bangkok Noi and why?
If you are looking to buy your piece of property in Bangkok Noi, the process is going to be a plain and simple task. Although most of the country is looking for villas to settle down, the condos in the district of Bangkok Noi are attracting much more attention. You can get a one bedroom condo for sale from a reputed developer at around 4,200,000 Baht for sale if you are looking to settle down in the heart of the district, the prices of townhouses for sale are somewhat similar and can be found at a price of around 2,200,000 to 5,870,000 Baht for sale at the same location. If you choose to settle down in a deluxe condo for sale, price shoots up a bit to around 12,000,000 Baht just on the sale price. Whereas a second-hand single house for sale is easier to find in the district and the prices in the main areas range from about 12,500,000 to 20,000,000 Baht for sale depending on the size and age 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 for sale available at a price of 1,790,000 Baht for sale. Finding three-bedroom condos for sale in the outskirts of the district can be a tough job but prices of properties here drop to as much as 5,000,000 Baht for sale, prices of townhouses have also been seen to drop to as much as 5,000,000 to 7,500,000 Baht for sale price.
Land is also very popular as downtown land price are way higher than this district. Check the land price before buying any land.
What are the main reasons for investing in Bangkok Noi properties?
The properties in the district have been seen appealing to almost anyone who is looking to settle down in Bangkok Noi, expats and foreign investors alike. The district is continuously improving its infrastructure with educational and healthcare growth and also promises high returns on investments in the real estate market. The locals are also very welcoming towards new residents and tourists.