What you need to know about Yan Nawa?
Yan Nawa is one of the fifty districts present in Bangkok ad is located in the central region of the city. The neighbouring districts surrounding Yan Nawa from the north in the clockwise direction are Bang Kapi, Saphan Sung, Prawet, Phra Khanong, and Watthana. Originally Yan Nawa was a subdistrict of the Phra Khanong District and later became a part of the Prawet district after Phra Khanong was split off into smaller districts on 9th November 1989. Later, on 14th January 1994, Yan Nawa was elevated to a district combining parts of land from Prawet and Khlong Toei. Yan Nawa subdistrict was the only subdistrict in the city until 2017 when two new subdistricts were formed, On Nut and Phatthanakan. The total land area covered by the district is 23.678 square kilometres and it houses within itself a population of 122,534 as per the records of the census conducted in 2017. A new project has been going on this year which will introduce new train lines in Bangkok and conveyance is going to be a lot easier than before. Yan Nawa falls under one of the places going under renovation and it is confirmed that a yellow line connecting Lad Phrao-Pattanakarn-Samrong will pass through the district later this year.
Some essentials in Yan Nawa
The district of Yan Nawa is home to some of the most exceptional healthcare facilities and cheapest markets that are sure to attract your attention. Some of the amenities that you might look for during your stay at Yan Nawa are listed below for you to consider.
Yan Nawa Market – Though most of the markets in Thailand serve the purpose of a tourist attraction more than they do of a market, the Yan Nawa market in central Bangkok can appeal to the visitor with a resemblance to a weekend farmers’ market as we have seen in the UK or Europe mainland.
How is the lifestyle in Yan Nawa?
You would be surprised to know that Yan Nawa offers a significantly expensive form of lifestyle than when compared to urban areas like the European countries. If you choose to live near the busiest locations in the district, the average you would have to spend if you choose to live in a one-bedroom studio condo on rent would be around 50,000 Baht or more according to your preference of lifestyle and the estimate is covering all costs along with your rent.
How is the real estate market in Yan Nawa?
It is now wonder that the real estate properties in the district are becoming popular by the day and more investors are turning their attention to the market here. 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 near the locations in the district such as near the Mahaesak Hospital or the International College, you would find a one bedroom condo for rent for around 11,000 to 17,000 Baht for rent. Townhouses for rent can be found at a cost of 27,000 to 75,000 Baht for rent. If you wish for a more lavish experience, duplex condos for rent are readily available at the area for a price range of about 70,000 Baht for rent, detached houses or villas could also be the type of property you are looking for settling down and can be very easily found around the area with the rent amounting to 60,000 to 120,000 Baht for rent. The rent for these properties has been seen to decrease a bit if you choose to settle down in the uneventful parts of the district, single house or villas can be found for a rent price of about 54,000 Baht for rent a month and condos can be rented for around 16,900 to 40,000 Baht for rent approximately.
What is the most popular property on sale in Yan Nawa and why?
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 Yan Nawa. There are second hand villas for sale available on sale in the prime locations with prices ranging from 21,500,000 to 62,900,000 Baht for sale depending on the type and age of the property. One-bedroom condos for sale can also be found in the area with significantly lower prices as they mostly appeal to bachelors, they can be bought by paying around 10,300,000 Bhat for sale. Condos with multiple bedrooms for sale would cost you somewhere around 37,500,000 Baht for sale, if you choose to settle down near the busiest in the district. You can find a one-bedroom studio condo on sale farther from the busy streets for a price of around 9,000,000 Baht for sale, townhouses as have in rented properties, share the same range of price and can cost you about 7,500,000 to 12,000,000 Baht for sale price. Single or detached houses can also be found at a lower cost from the main areas of the district with the price range around 40,000,000 Baht for sale.
What are the main reasons for investing in Yan Nawa properties?
As clear from the previous sections of this article, the real estate properties in the district are attracting anyone and everyone around the world. 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 upgradation of infrastructure, the properties in the district are one to look to for investing.