Lak Si, Bangkok, Central - Thailand
What do you need to know about Lak Si?
Lak Si is a district in Bangkok and is located in the central region of the city while being one of the fifty districts of Bangkok. The neighbouring districts surrounding Lak Si from the north in the clockwise direction would be Don Mueang, Bang Khen and Chatuchak of Bangkok; Mueang Nonthaburi District and Pak Kret District of Nonthaburi Province. The district was originally a part of the Dusit district before 1966, and was a part of the Phaya Thai district from 1966 to 1989. Late that year, the area of Lak Si was upgraded to form its own district and got its name from the point of intersection it is placed at. The name originates as a royal consort to King Chulalongkorn, Phra Nangchao Sukumalmarsri Phra Lak Si, the term Phra Lak Si is a high rank for royal and noble titles for royal groups. The total land area covered by the district is about 7.126 square kilometres and it houses within itself a population of about 72,304 as per the records of the census conducted in 2017.
Some essentials in Lak Si
Lak Si is a district that gives the most attention to their educational facilities and conveyance services. The universities in the district offer the best faculties and support to students and with the new project going on, travelling around the places in the district is going to be much less hectic. The places to look out for in Lak Si are listed below.
International College – This may arguably be called the largest university in Bangkok, with its campus comprising of faculties of nearly any subject imaginable like Faculty of Medicine Ramathibodi Hospital, Faculty of Dentistry, Faculty of Science, Faculty of Pharmacy, Faculty of Public Health and many more.
How is the lifestyle in Lak Si?
The district if Lak Si offers an expensive form of lifestyle than what you may experience throughout the rest of the country of Thailand. The daily expenses that you need to survive are not over the top and you can get by a month with spending as much as 60,000 Baht in Lak Si for the entire month! The Properties available in the district can be a joy to choose from, starting from one-bedroom condos to luxury villas and townhouses, anything you want is available right at your fingertips. The least you have to spend in order to rent a one-bedroom condo is about 20,000 Baht per month, if you wish to live in the main areas of the district. There are other properties with much more gorgeous designs and deluxe interior, such as duplex condos for rent can be found in the same location with prices hiking to as much as 50,000 Baht a month.
How is the real estate property market in Lak Si?
It is no wonder that the real estate properties in the district are becoming popular by the day, since properties in Lak Si are compatible to almost anyone. There are varieties of properties for you to rent should you choose to, including condos, townhouses and single houses or villas. If you choose to live in the downtown area or near locations in the district such as near the International College, you would find a one bedroom condo for sale for around 2.7M to 4.8M Baht on the sale price. townhouses for rent can also be found at a cost of around 13,000 to 18,000 Baht for rent. If you wish for a more lavish experience, three bedroom condos for rent are easily available at the prime locations in the district at a price range for about 42,000 to 60,000 Baht for rent depends on the size and number of bedrooms, detached houses or villas for rent could also be the preferred type of property you are looking for and can be very easily found around the area with the rent amounting to 25,000 to 40,000 Baht for rent a month. The rent for these properties has been seen to decrease a bit if you move a little further from the aforementioned locations, for example condos can be found at a low rent price of 8,000 to 16,000 Baht for rent and villas or detached single houses for rent can be found at a price of around 20,000 – 46,000 Baht for rent per month.
What is the most popular property on sale in Lak Si and why?
The process of buying your piece of property in Lak Si is really easy and comprehendible, the most famous type of property in the district is single houses or villas, as they are the perfect choice for families looking to settle down in Lak Si. There are second hand villas for sale readily available in the main areas with the prices ranging from 13,500,000 to 51,000,000 Baht for sale depending on the type, size, number of bedrooms and age of the property. One-bedroom studio condos for sale can also be found in the area with significantly low prices as they mostly appeal to bachelors, they can be bought by paying around 6,300,000 to 9,450,000 Baht for sale. Three-bedroom condos for sale are a little harder to find and would cost you somewhere around 17,500,000 Baht, if you choose to settle down near the prime locations in the district. Should you choose to move farther from the heart of the city, the sale prices drop to a certain extent. You can find a one-bedroom studio condo for sale for a price of around 4,000,000 Baht for sale near the outskirts of the district, townhouses as have they in the downtown area, share the same range of price and can cost you about 4,000,000 to 7,500,000 Baht on the sale price. Single or detached houses can also be found at a lower cost from the main area of the district with the price ranging from 9,600,000 to 14,000,000 Baht for sale.
What are the main reasons for investing in Lak Si properties?
As the properties are affordable to majority of foreign investors; the real estate market in the district is slowly making its way into the top levels of the market. With the recent up-gradation of infrastructure, the properties in the district are one to look to for investing and as well for settling down. 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.