Sai Mai, Bangkok, Central - Thailand
What do you need to know about Sai Mai?
Sai Mai is one of the fifty districts present in the city of Bangkok and is located in the north eastern region of the city. The district of Sai Mai is surrounded by the following district from the north in the clock wise direction, Lam Luk Ka District of Pathum Thani Province; Khlong Sam Wa, Bang Khen and Don Mueang of Bangkok. As of 2014, it had the highest population of all districts in Bangkok. Sai Mai was the name of a muban in tambon Khu Khot, Lam Luk Ka District, Pathum Thani Province. It was transferred to Bang Khen District and promoted to subdistrict (tambon) in 1940. Due to the growth of population in the area, Sai Mai was elevated to district status effective 21 November 1997 to improve service and administration. The dominant feature of the district is Khlong ('canal') Lat Phrao. The canal is thought to have been dug in the early period of the Rattanakosin Kingdom (1782–1932). Khlong Lat Phrao is one of nine canals in Bangkok that drains rainwater flowing into the city from northern Thailand, but it has been neglected for decades and clogged with refuse. In January 2016 1.6 billion baht was allocated to rehabilitate the canal and widen it to 38 metres and deepen it to four metres. Construction is to be completed by June 2019.
Saphan Mai – This is a marketplace and neighbourhood in north Bangkok, chiefly in the Anusawari Subdistrict, Bang Khen District and part of Khlong Thanon Subdistrict, Sai Mai District.
How is the real estate market in Sai Mai?
It is no wonder that the real estate properties in the district are becoming popular by the day, since properties in Sai Mai 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 will find a one bedroom condo for sale for around 2,300,000 Baht on the sale price. townhouses for rent can also be found at a cost of around 10,000 to 25,000 Baht for rent depending on the size, location, number of bedrooms and age of the property. 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 40,000 to 67,000 Baht for rent depending on the size, location, number of bedrooms and age of the property, 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 85,000 Baht for rent depending on the size, location, number of bedrooms and age of the property. 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 6,000 Baht and single houses for rent can be found at a price of around 17,000 Baht for rent depending on the size, location, number of bedrooms and age of the property.
What is the most popular property on sale in Sai Mai and why?
The process of buying your piece of property in Sai Mai 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 Sai Mai. There are second hand house for sale readily available in the main areas with the prices ranging from 5,500,000 to 50,000,000 Baht for sale depending on the type of property, size, location, 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 2,300,000 Bhat to 9,450,000 Baht for sale depending on the size, location, number of bedrooms and age of the property. 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 5,000,000 Baht for sale depending on the size, location, number of bedrooms and age of the property. 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 for sale depending on the size, location, number of bedrooms and age of the property. Single or detached houses can also be found at a lower cost from the main area of the district with the price ranging from 5,600,000 to 24,000,000 Baht for sale depending on the size, location, number of bedrooms and age of the property..
What are the main reasons for investing in Sai Mai 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.
Land for Sale in Sai Mai
Land for sale is also popular in this area as Land Price are relatively lower than main CBD are in Bangkok. Keep in mind that Land Price is relevant to the development around it so if you are considering searching for land for sale make sure you apprise the prospective land for sale price before purchasing it.
Its also important to do a proper due diligent of the Land Title deed to understand what are the Land Zone rights on the specific Land.