1. The Sukhumvit 71 Neighborhood is Booming
It’s no longer all about what’s happening near Suk 71. The neighborhood itself is thriving thanks to small independent restaurants, cafes, art galleries and some of the best, most-affordable fitness facilities in the city. Japanesethemed coffee shop Nikko Cafe, elegant rooftop lounge Cielo Sky Bar, Okinawan cuisine specialist Kinjo, indie-art darling GOJA and epic fitness facility Training Ground BKK are just a few of the reasons why this is a spot on the up.
2. Property Values are Going One Way: UP!
More cool stuff in the area means more people are willing to buy into this boom-time neighborhood. As prices rise, Ekkamai, Thonglor and the city center, more people are choosing to move out just that little bit further, driving prices around Phra Khanong up. Now is the perfect time to buy, while condos are still affordable yet steadily increasing. Act fast and we predict you’ll continue to see your asset move in the same direction for many years to come.
3. Bangkok’s Coolest Areas Are Just Around the Corner
Prices for new condominiums on Soi Thonglor are growing increasingly out of reach, while over on Ekkamai, you’ll be paying not far less. Meanwhile, Sukhumvit 71 still enjoys perfectly affordable prices per square meter while also offering the lifestyle that makes its neighbors so desirable. And if you’re not content with the variety of cafes, galleries, restaurants and bars in the neighborhood, then it takes just 15 minutes to reach Siam station by BTS.
4. Foreigners Live Here. And Pay Sweet Money for Rent
This is prime rental territory for foreign residents looking for comfortable, stylish, well-connected accommodation right by the BTS. And that’s reflected in what new condo owners can charge for monthly rents. In particular, the neighborhood has seen a steady increase in the number of Korean and Japanese residents in recent years, pushed out of their previous neighborhoods of choice, Phrom Phong and Thonglor, by the unaffordable prices. But the neighborhood isn’t slowing down anytime soon, with the opening of new attractions in the area ensuring that the rental market just gets stronger and stronger.
5. The Transport Links are Amazing
At the top of Sukhumvit 71 you have BTS Phra Khanong, which takes you to On Nut in one direction for shopping at a giant Tesco Lotus, and Ekkamai in the other direction, where you’ll find some of the best bars and restaurants anywhere in town. Public transport not your thing? No problem. Sukhumvit 71 itself is one of those perfectly positioned roads, connecting with Phetchaburi, Ramkamhaeng and Rama IV roads to take you to every part of the city, while the Sirat Expressway and Raminthra-At Narong Expressway are also right at hand.
Brought to you by Sansiri. Find out more about living on Sukhumvit 71 at thelinebkk.com