Silom – Sukhumvit area (Silom-Sathon) is one of central business district (CBD) in the heart of Bangkok, the centre of activities both social and economic, offices, exportation, shopping malls and hotels, has the most perfect transportation of the country both railway public transportation such as BTS, MRT, BRT, express way and ports. This area includes Bang Rak district and Sathorn district. The main roads are Silom, Sathorn, NaradhiwasRajanagarindra. Pre-owned house situation in this area Homeowners tended to "sell" most was 47.1% of market, later was"rent out" 41.2% of market and the remaining was "both sell and rent out" 11.7% of total market. Houses type  Most were custom built homes 88.2% of market and housing estates were 11.8%. "Housing estate" in this area was house in the old housing project which be sold in high price due to area and condition of aging, usage and maintenance whereas "Custom built home" tended to be good condition houses which could be empty house or partly furnished. Houses in this area could transform to be home office.

Pre-owned house price levelsStarted at the price about 12 MB to over 100 MB. It was divided into 3 levels as follow.

  • The price level of 11 – 20 MB. (10% )  could found in Sathorn district (Yan Nawa sub-district)
  • The price level of 21 – 50 MB. (30%) could found inSathorn district (Yan Nawa sub-district, ThungWat Don sub-district)
  • The price level of over 50 MB( 60 %) could found in Bang Rak district (Silom sub-district) and Sathorn district (ThungMahaMek sub-district).

 If you are looking for pre-owned house In the Silom – Sathorn area, Terra Research said, you can find in Sathorn district where next to Silom. You will found that the more house near the heart, the higher its sell and rent price will be. For example, in Sathorn district, you will found the house that be sold in the price more than 50 MB in ThungMahaMek sub district and the price will be lower in the outer sub district include ThungWat don and Yan Nawa sub district. The size of land and house has the relation to price and usage as follow.

  • Silom – Sathorn area, the median sell price was 30 – 110 MB, median rent was 42,000 – 130,000 Baht/month, the median land size was 65 – 200 Sq.wa and median usage space was 200 – 580 Sqm.
  • Sathorn district, the median sell price was 23 – 110 MB, median rent was 40,000 – 70,000 Baht/month, the median land size was 60-200 Sq.wa and median usage space was 200 – 380 Sqm.

Anyway, The actual trading situation in the market may have the pre-owned real estate with size and price or leasing per month more or less than the average price shown in this report. So, it depends on factors and homeowners’ need.