What do you need to know about Sathon?
Located in central Bangkok Sathon is one of the fifty districts in Bangkok. There are six other districts which surround Sathon if we start from the north going in a clockwise direction the districts are, Bang Rak, Pathum Wan, Khlong Toei, Yan Nawa, Bang Kho Laem and Khlong Sam. The district was originally part of Yan Nawa. To support its large population and area a branch office of Yan Nawa was set up to look after the people in three districts of Yan Nawa. Later on 9th November 1989, the Sathon district was formed and was inherited the area which the branch office catered to once. The district is named after Sathon Road and Khlong Sathon. Khlong Sathon, being the older of the two is a canal that was constructed for public transportation to be used by a Chinese company. The Chinese owner was later given the name Luang Sathon Racha Yut by King Chulalongkorn for his achievements. The Chinese owner's house is now the Sathon mansion in the Bang Rak district. The district is further divided into three sub-districts which are
- Thung Wat Don
- Yan Nawa
- Thung Maha Mek
Some of the major organizations based in Sathon are the Department of Airports headquarters, Aeronautical Radio of Thailand and the Bangkok dock company. Some of the educational institutions in the district are Assumption College Primary Section, Garden International School Saint Louis College and more.
Few attractions in Sathon.
There are many tourist spots to enjoy your leisure time to the fullest, some of them are: -
Blue Elephant Cooking School – The cooking school in Bangkok is the perfect activity for many people looking to try their hand at preparing Royal Thai cuisine. The instructors present here are very passionate and would help you regardless of your cooking skills. The cooking school is part of the Blue Elephant restaurant. The stunning architecture and colonial-style building give the place an air of sophistication.
Christ Church – This pretty, white Anglican church on Convent Road is built in a form of simple gothic-meets-colonial style. Currently serving a congregation of five hundred, the place serves as a spiritual shelter from the busy life in Sathon. The interior of the church is painted in white with stained windows, one of which depicts Jesus’ crucifixion. The church also contains Thailand’s only pipe organ and the sermons are given in both Thai and English.
Ghost Tower – Also known as the Sathon unique, this is a fifty storey incomplete building. It is abandoned since the 1997 economic crisis. This was supposed to become one of the most luxurious residences in Bangkok. The building has a strong resemblance to the famous State Tower, which is home to the famous Sky Bar.
Lumpini Park - is one of the largest green parks in the central of Bangkok. Founded in the 1920, this downtown city center park spans over 500,000 sqm and is home to various flora and fauna. Over the years, it's become a popular gathering spot for Bangkok residents and tourists.
Main activities of the Lumpini Park are jogging, cycling, picnic light workouts, aerobics, and leisurely activities throughout the day.
The Lumpini Park is framed by the Rama IV, Ratchadamri, Sarasin and Wireless Roads. You can get there by taking the MRT train to the Lumphini or Silom Stations.
How is the lifestyle in Sathon?
Located in the heart of the city Sathon is the busiest district but has typically the laid-back economic system. If you are looking to have lunch in an inexpensive restaurant you would have to pay around 70 Baht whereas a three course meal for two in a mid range restaurant would cost you around 800 Baht. The transportation system in this district is also not that costly with the MRT line passing along its Eastern border with five stations in its path namely, Phra Ram 9, Thailand Culture Centre, Sutthisan, Huai Khwang and Ratchadaphisek. If you buy a one way ticket from any of the stations it would cost you around 37 Baht. You can always available cab for a city tour with 32 Baht best price and addition of 15 Baht with each added kilometre. Groceries in the district are not costly at all with a kilogram of apples costing around 90 Baht. A litre of milk would cost you around 50 Baht, and a loaf of white bread can be bought by 40 Baht. For those of you were looking to drive their own vehicle in the district it would cost you around 900,000 Baht for a general Sedan such as Toyota Corolla, with gasoline costing about 30 Baht in this district. Therefore people coming from urban cities are sure to experience an exciting yet inexpensive lifestyle while staying here.
BTS sky train and MRT station in Sathon Area
Many of the properties are located in a walking distance for MRT or BTS station.
Keep in mind that property price may be higher as you get closer to the BTS or MRT station
MRT and BTS station near by:
BTS Si Lom Line - Si Lome Station
BTS Si Lom Line - Chong Nongsi
BTS Silom Line - Surasak
BTS Si Lom Line - Saphan Taksin
BTS Silom Line - Krung Thon Buri
MRT Station - Khlong Toei
MRT Sala Daeng
MRT Hua Lamphong
MRT Wat Mangkon
How is the Sathon real estate market?
The district of Sathon is crossed by the BTS and MRT line through a total of five stations. If you ‘re looking to rent a place in Sathon you must be thinking condos. There are condos available for rent near the railway stations for prices around 65,000 Baht and as you move a little away from the stations the prices drop as low as 7,000 Baht. If you’re a fan of houses you must consider single house in this district available for rent with prices ranging from 30,000 Baht to 150,000 Baht depending on the size, type and location of the market. Most popular MRT station in Sathon is MRT Sala Daeng and MRT Lumpini, Both Station are just next to Lumpini Park
What is the price range for each property type in Sathon?
There is no better way of settling in than in your own property. The option if paying monthly rentals is also there but it isn’t the most ideal way. With prices of condos varying from 2.000.000 Baht to around 21,000,000 Baht if you’re looking to stay near the district’s main area that is nearer to the railway stations. House on the other hand range around 8,000,000 Baht to 42,000,000 Baht again depending on the size and location of the property.
What is the most popular type of property in Sathon and why?
With prices of properties all around the world are hiked a lot of thinking goes behind choosing one's ideal home. Condos are the dominating property in this district with prices ranging from 2,000,000 Baht to around 30,000,000 Baht which is subjected to change according to the size, type, age and location of the property. All the nuclear families are going for condos as their own property.
What are the main reasons to invest in Sathon properties?
As been talked about earlier in this article, the properties in Sathon are available at a really low price and allow you to settle down without giving you the horror of spending all your savings on just the house, the opportunity to collect returns after investing is also there for real estate investors. Therefore, the Sathon real estate market is welcoming and beneficial for anyone out there.
Sathon Market assessment by RE/MAX Team:
Due to the COVID-19 pandemic situation we expects to see less number of sale transactions of new developments and a grow of number of transactions in second hand property market.
Real Estate continues to offer good Yield returns in comparison to other type of investments available.
With the current market condition there are many second hand house and Condo that investors can purchase in a good price which reflect a higher yield on their investment.