Pathum Wan, Bangkok, Central - Thailand
What do you need to know about Pathum Wan, Bangkok?
The district of Pathum Wan is located in central Bangkok and is surrounded by seven neighbouring districts namely, Ratchathewi, Watthana, Khlong Toei, Sathon Bang Rak, Pom Prap Sattru Phai, and Dusit if seen from the north in the clockwise direction. The district which was established in 1914 was named after a Buddhist temple Wat Pathum Wanaram which when literally translated means ‘lotus forest temple’ and the Sa Pathum Palace which means ‘lotus pond palace. Both the monuments were made on the order of King Rama IV and given names due to the abundance of lotus flowers in the Khlong Saen Saep region. The district is further divided into four sub-districts which are
- Rong Mueang
- Wang Mai
- Pathum Wan
The hotels and the sidewalks are decorated with lights every year around Christmas and New Year. It was first started by Peninsular Plaza and the Regent Hotel and was slowly adapted by all other shopping complexes and even by the Bangkok Metropolitan Administration which provides the lights for the BTS Skytrain pillars. Transportation in this district is heavily dependent on the BTS and MRT lines passing through the district. The stations of the MRT line are Hua Lamphong, Sam Yan, Si Lom and Lumphini. The BTS stations include Siam, National Stadium, Ratchadamri, Chit Lom and Phloe Chit.
Few places of attraction in Pathum Wan
There are few shrines and heritage villas in Pathum Wan which attract tourists, they are: -
- Jim Thompson’s house – A former architect in New York City, Jim Thompson wounded up in Thailand after World War II as an officer in the Strategic forces. He is the one who is given credit for revitalizing Thailand’s silk industry among many other business ventures. The house that he left behind is also considered as a National treasure. The construction of his compound comprising of six Thai houses was made by importing several upcountry buildings some as old as 150 years.
- Erawan Shrine – This shrine is not particularly old as when compared to Bangkok standards, it was finished in 1956. Although not the oldest this is one of the more active ones in the country. Located at Bangkok’s one of the most congested intersections, next to the Grand Hyatt Erawan and the Chitlom Skytrain station, the shrine is always full of enthusiasts who enjoy the mix of burning incense, dancers in traditional dresses and innumerable people praying for their wish to come true.
How is the lifestyle in Pathum Wan?
Pathum Wan is one of the regions in Bangkok which is really inexpensive than the others. If you looking for a meal in an inexpensive restaurant you would spend about 100 baht whereas if you can avail dinner in a mid range restaurant with 3 course meal it would cost you around 900 baht. The groceries available in Pathum Wan are also really cheap, a litre of milk out cost you around 55 baht, if you’re looking to buy 1 kilogram of rice or half kilograms of white bread you would have to spend around 40 and 45 baht respectively. A dozen eggs would cost you around 55 baht. The transportation is also really cheap around the district as you can avail and one way ticket for around 35 baht, you can also take a taxi to travel and it would cost you around 40 baht within additional 12 baht per kilometre rate. You can also avail a monthly pass for around 1500 baht. If you’re looking forward to driving your own vehicle in Pathum Wan you would have to pay around 900,000 baht for a general sedan such as Toyota Corolla.
If you’re visiting from urban cities you are sure to enjoy an inexpensive and simple lifestyle in this district.
How is the Pathum Wan Real estate market?
Pathum Wan is crossed by the blue line of the Bangkok MRT with four stations in the district. If you’re looking for a place near railway stations for easy access to transport and other amenities you would have to spend around 8,000 baht to 70,000 baht for renting a condo dependable on the age, location and property type. If you’re looking to rent a villa in the outskirts, you would have to spend around 15,000 baht and it would cost you around 80,000 baht if you wish to live near the railway stations. Thus, it makes Pathum Wan one of the most flexible regions in Thailand in terms of real estate.
What is the most popular type of property for sale in Pathum Wan and why?
The ideal way of settling in Pathum Wan would be by your own piece of property that rather than investing in rentals every month. With condos being the most popular property in the district with prices ranging from 1,900,000 baht to 18,000,000 baht depending on the location and size of the property. With the increase in nuclear families and rising needs to find a place for bachelors condos are the go-to property in Pathum Wan.
What is the property price range for each property type in Pathum Wan?
With prices of the property going bonkers around the world a lot of thinking goes into buying one for yourself. Amazingly, Pathum Wan can be a very good choice for settling down with attractive prices of properties that have to catch your eye. Since the main transportation system for the district is trains, Condos further from the station cost around 2,500,000 baht to 20,000,000 baht if you’re looking to stay close to the stations. Single House, on the other hand, would cost much more as the land price in Bangkok are extremely high 25,000,000 baht to 200,000,000 baht depending on the size and location of your property. Property price will very depending on the distance from the BTS, MRT Station or Airport link.
What are the main reasons to invest in Pathum Wan properties?
As we have discussed earlier, Pathum Wan is home to excellent properties within the average middle- class budget, which allows you to settle down comfortably if you’re coming from urban cities in regions such as Europe or America with a limited budget. If the day to day living cost is compared along with the prices of the properties it would be quite clear to everyone that Pathum Wan is an excellent place to invest in properties whether you are looking to settle down or even for returns. Property price will very depending on the distance from the BTS Station or Airport link.
BTS - MRT - Airport Link Stations Near Pathum Wan District
Airport Link Ratchaparop Station
Airport Link Makasan Station
BTS Sukhumvit Line Phya Thai Station
BTS Sukhumvit Line Ploen Chit
BTS Sukhumvit Line Chit Lom
BTS Sukhumvit Line Siam Station