Rama III – Yan Nawa area 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 Yan Nawa district and Bang KhoLaem district. The main roads are Rama III and Charoen Krung. Pre-owned house situation in this area Homeowners tended to "sale" most was 73.9% of market, later was " rent out " 17.4% of market and the remaining was "both sell and rent out" 8.7% of total market. Houses type Most were custom built homes 78.3% of market and housing estates were 21.7%. “Housing estate” in this area was house in the old housing project and newly built small-sized project in the heart. House's condition is according to age and maintenance. In the case of “Custom built home” tended to be good condition and renovated houses which could be empty house or partly furnished. Houses in this area could transform to be home office. Pre-owned house price levels Started at the price about 4.2 MB to over 70 MB. It was divided into 4 levels as follow.
  • The price level of lower than 10 MB (21.1%) could found in Yan Nawa district (Bang PhongPhang sub-district)
  • The price level of 11 – 20 MB (42.1%) could found in whole area
  • The price level of 21- 50 MB (31.6%) could found in Yan Nawa district (Chong Nonsi sub-district), and houses placed on large land in Bang KhoLaem district.
  • The price level of over 50 MB (5.2%) will be the house placed on the large land in the area.
If you are looking for pre-owned house In the Rama III – Yan Nawa area, Terra Research said, you can find generally in Yan Nawa and Bang KhorLaem district only which is the house its price lower than 10 MB to over 70 MB. The size of land and house has the relation to price and capacity as follow.
  • Rama III – Yan Nawa area, the median sell price was 10-27 MB, median rent was 45,000-140,000 Baht/month, the median land size was 50-110 Sq.wa and median usage space was 220-450 Sqm.
  • Yan Nawa district, the median sell price was 13– 30 MB, the median land size was 60-150 Sq.wa and median usage space was 300– 450 Sqm.
  • Bang KhoLaem district, , the median sell price was 10– 18 MB, the median land size was 50– 100 Sq.wa and median usage space was 200– 550 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.