Thon Buri, Bangkok, Central - Thailand
What do you need to know about Thon Buri?
Thon Buri is one of the fifty districts present in Bangkok and is located in the western part of the city. Located on the western bank of the Chao Phraya River the district was once a part of the Thon Buri district but later became a part of Bangkok after Thon Buri was merged with it. The neighbouring districts surrounding Thon Buri from the north in the clockwise direction are Bangkok Yai, Phra Nakhon (across Chao Phraya River), Khlong San, Bang Kho Laem (across Chao Phraya), Rat Burana, Chom Thong, and Phasi Charoen. Along with the native inhabitants, Thon Buri was earlier settled by foreigners, the Chinese merchants used to live here and after the fall of the Ayutthaya kingdom to the Burmese, the district was inhabited by the Portuguese. Originally the district was called Ratchakhrue because a Wat situated at a short distance, carried the same name. It was named as Bang Yi Ruea on 11th July 1916 and later, on 17th April 1939, the name was finally changed to Thon Buri and was merged with Bangkok in December 1971 which forms the current area of Bangkok. The total land area covered by Thon Buri is about 8.551 square kilometres while housing a population of 109,482 as per the records of the census conducted in 2017. The district is served by the Bangkok Skytrain in three stations Pho Nimit, Talad Phlu and Wutthakat. Another station lies just outside Ton Buri and can wasily be accessed by people living in Thon Buri district. The train goes through the Wongwian Yai station in Khlong San district.
Some essentials in Thon Buri
Thon Buri is one of the busiest districts in Bangkok and shockingly enough, houses some of the cheapest and most resourceful markets in the entire city. Some of the locations in the district to look out for are listed below for you to consider.
Platform Wongwianyai – This is an initiative Thon Burien by CENTRAL GROUP where they have invested 250 million Baht to build a brand-new shopping mall by the name Platform that is going to cater to the lifestyle needs of people living in Thon Buri while also providing a learning centre for kids travelling to the mall.
Khlongs in Thon Buri - The whole city of Bangkok is famous for its canals and other waterways which served as the main mode of transport in the earlier days. The khlongs in Thon Buri still happens to carry travellers who want to commute by boat. The canals are a perfect way to witness the local side of Bangkok.
How is the lifestyle in Thon Buri?
The prices of commodities needed for sustaining life in this district is significantly higher than most urban districts in the country of Thailand. The least that you have to spend in order to maintain a standard lifestyle in the district is around 30,000 Baht if you choose to rent a studio condo in the uneventful places if the district, if you are looking to live at a rented single house in the same location you would have to spend around 35,000 to 80,000 Baht for rent a month depending on your lifestyle and the type of property.
How is the Thon Buri real estate market?
If you are looking to rent a property, you can find condos, townhouses and single houses are the properties available to choose from. The rent for a one-bedroom studio condo is around 10,000 to 48,000 Baht if you choose to settle down in the downtown area or closer to amenities like the Siam Technology College or the Samitivej Hospital Thonburi. Condos with multiple bedrooms can be found in the heart of the city with the rent hiking to as much as 80,000 Baht for rent. Townhouses are also available in the district with rent ranging from 12,000 to 27,000 Baht for rent again in the main area of the district. If you prefer to live in a detached house or single house for rent located in the prime locations, it would cost you around 25,000 to 64,000 Baht for rent. The rent drops quite a bit if you move a little farther from the said locations, you can find a studio condo for rent of 9,000 Baht and single houses be found at a rent of about 20,000 Baht for rent.
What is the most popular type of property on sale in Thon Buri and why?
If you are looking to buy your piece of property in Thon Buri, the process is going to be a plain and simple task. Although most of the country is looking for villas to settle down, the condos in the district of Thon Buri are attracting much more attention. You can get a one bedroom condo from a reputed developer at around 5,200,000 Baht for sale if you are looking to settle down in the heart of the district, the prices of townhouses are somewhat similar and can be found at a price of around 3,200,000 to 4,800,000 Baht for sale at the same location. If you choose to settle down in a deluxe condo, price shoots up a bit to around 20,500,000 to 64,000,000 Baht just on the sale price. Whereas a second-hand single house is easier to find in the district and the prices in the main areas range from about 45,500,000 to 65,000,000 Baht for sale depending on the size and age of the property. If you choose to move away from the prime locations in the district the prices can be seen to drop expressively with studio condos available at a price of 2,500,000 Baht for sale. Finding three-bedroom condos in the uneventful places of the district can be a tough job but prices of properties here drop to as much as 20,800,000 Baht for sale, prices of townhouses have also been seen to drop to as much as 4,000,000 to 17,500,000 Baht for sale price.
What are the main reasons for investing in Thon Buri properties?
The properties in the district have been seen appealing to almost anyone who is looking to settle down in Thon Buri, expats and foreign investors alike. The district is continuously improving its infrastructure with educational and healthcare growth and also promises high returns on investments in the real estate market. The locals are also very welcoming towards new residents and tourists.
BTS and NRT Statoin in the area
Bangkok Mass Transit system BTS was initially developed in 1999 by the BTS Group to run the above ground train along Sukhumvit Road. in 2004, an underground subway system was constructed by MRT or Mass Rapid Transit Authority of Thailand (MRTA).
The BTS being “the sky train” and the MRT being “the subway”
By 2025 the MRT will have both above and below ground lines.
There are 193.2 kilometres under construction which encompasses 126 stations due to be complete by 2020. A planned 147.1 kilometres with 70 stations are in plan for completion between 2021 and 2025.