Bang Phlat, Bangkok, Central - Thailand
What you need to know about Bang Phlat?
Bang Phlat is one of the fifty districts present in Bangkok and is situated on the south western part of the city. The neighbouring districts surrounding Bang Phlat from the north in the clockwise direction would be Bang Kruai District, Bang Sue, Dusit, Phra Nakhon, Bangkok Noi, and Taling Chan. The area of the district is a second level administrative division and it was first established as Rat Burana. Later, the area was declared as Bang Phlat district in the year 1998, then it fell under Thonburi district before the rearrangement of the boundaries took place and Thonburi and Bangkok were merged together. The name Bang Phlat when translated means ‘the plain in the larger area’ and it is thought that khru here, (because the word has many meanings) refers to the utensil that is woven and coated on the outside for water transport in the district, which symbolizes that the district was once famous for handicrafts. The total land area covered by the district is about 30.741 square kilometres and it houses a population of around 121,833 as per the records of the census conducted in 2017.
Few essentials in Bang Phlat
The district is home to some of the best educational institutes while at the same time features a famous park for relaxation and retirement from the city rush. The things to look out for during your stay in Thong Khru are listed below for you to consider.
Bang Phlat Market
This is a market place in the district which is one of the most happening places to visit in the night and has a plethora of cheap and visually enticing food stalls and a number of shops selling a variety of products; bars featuring live music can also be found around the market.
How is the lifestyle in Bang Phlat?
The district of Bang Phlat is home to luxurious lifestyles and their properties come with excellent perquisites. Although the money that you have to pay is a bit more than the rest of the country, but if you visit this place and get the chance to live locally for a few days around here, you would see why it is totally worth it. The least that you can spend in order to live with limited amenities and proximity, towards the farther side from transport and hospitals would be around 12,000 Baht for rent a month, taking into account your rent and living expenses. To live nearer to the main streets in the district you would have to spend around 30,000 Baht each month. The district also has an MRT station stop within its boundary named ‘Bang Phlat’.
How is the Bang Phlat real estate property market?
The real estate market in Bang Phlat is flexible and one of the best markets in the country housing the best of properties with amazing return rates. You can get studio condos in the district for rent by spending around 9,000 Baht for rent a month, towards the outskirts of the province. Properties that are far more luxurious are also available but are much expensive, such as duplex condos for rent in the heart of the district with lavish interior can cost you as much as 50,000 Baht for rent a month. Since the most crowded and happening area in the district is around the MRT station and schools, it is where it would cost you the most to buy properties. For example, if you’re looking to settle down in a luxurious single house that is closer to a hospital or school and has access to the river, it can cost you around 70,000 Baht just for the rent price, whereas if you are willing to move a little further from these areas you would notice the cost dropped to as much as 20,000 Baht to rent a villa in Bang Phlat. Townhouses for protection, can also be found in the area with rents somewhat similar to the rents of condos, ranging around 40,000 to 125,000 Baht for rent a month, which is dependent on the location, type and age of the property.
What is the most popular type of property for sale in Bang Phlat and why?
Although most of the country is looking for condos to settle down the villas or single houses in Bang Phlat is attracting much more attention. With villas for sale available in the range of 4,500,000 to 12,000,000 Baht for sale which is dependent on the location and type of property, that is whether it is close to facilities like a railway station, or a school, or when it is a little further away and takes a little time to access from the eventful parts of the district. Condos for sale, on the other hand, can be much cheaper and is no doubt the best choice for bachelors. The sale price of condos ranges from around 5,000,000 Bhat for sale, it you settle down at the outskirts of the province to as much as 45,000,000 Baht for sale if you prefer staying in a much luxurious place near a prime location of the district. Both real estate investors and people looking to find their perfect piece of property in the district and are thrilled by the great prices that are being offered.
What are the main reasons to invest in Bang Phlat properties?
As mentioned in the earlier sections of this article, Bang Phlat is a place where you can enjoy thrilling endeavours and participate in numerous adventures. The reasons to invest in the properties of Bang Phlat can be summed up to a welcoming and humble locality, the scope for high returns and because they host some of the best healthcare facilities in the country. Despite the high prices, it is safe to say that the real estate market in Bang Phlat along with the various amenities the place offers, is one of the best you can find in the entire city of Bangkok. 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