The Yellow Line electric train is open to the public for free trial rides. - Pink line close to open for service Condo - housing estate Plenty of land awaiting development Dismantling the new Bangkok layout, conducive to land use

since 2014 onwards There are more new condominiums launched for sale along the yellow line. from clarity project construction As a result, more condominiums are launched along Ladprao Road than Srinakarin Road, continuing to Samrong. until the year 2022 Srinakarin Road continues to Samrong with more new condominium projects launched for sale clearly. And there is still a lot of land waiting for development, especially condominiums.

when exploring along the line Found a number of condominiums along the yellow line electric train route. counted since 2009 Up to now, there are 29,630 units and compared to 10 years from 2014 onwards, about 20,000 new units have been opened for sale, with all condominiums in the area over 29,630 units being sold more than 85%, selling prices ranging from 60,000-100,000 baht per square meter. But most projects sell no more than 90,000 baht per square meter.

4-5 years ago, most condominiums were still scattered in areas along Lad Phrao Road. Especially in areas that have been a community or have been developed before, such as Chok Chai 4, Bang Kapi, and then the area that will be a joint station of 2 electric train routes, such as Lam Salee, immediately became a popular area with large operators. into many areas

Srinakarin Road area may have housing more than condominiums But the area around the station is shared with the Airport Link. And areas that are not far from large shopping centers in the area such as Seacon Square, Paradise Park There are new condominiums open for sale as well, but in 2022, not less than 5,000 units along the Srinakarin line, continuing to Samrong.

An important factor that affects the number of condominium projects launched in the area along Srinakarin Road is the limitation of the city plan. Most of the areas are in the yellow and orange areas, or low-density and medium-density residential areas. There are restrictions on developing high-rise buildings, where the FAR is only between 3 and 5, with only some areas having a FAR = 7, such as the area around the Airport Link. Hua Mak Station

As for condominiums along the Pink Line route in the first quarter of 2023, there are approximately 26,270 units, which have been sold since 2009. and is a continuous expansion There has never been a year when many condominium projects opened for sale in such a leap. which is in the same direction as the yellow line electric train route maybe because It is an electric train that passes through Bangkok on both routes. Most projects have been open for sale for a while, the average sales rate is 86%, not exceeding 90,000 baht per square meter.

The electric train route also increases the potential of land in the area along the route. which is possible that the area around The potential of the electric train station will increase from the change in the development of surrounding areas according to the new Bangkok City Plan. Although there may be additional changes according to the guidelines of the current Bangkok Governor. But probably not inferior to the original, especially around the area Joint station of more than 1 electric train route

Area along Srinakarin Road and Ram Inthra, which has the potential to have more potential in accordance with the limitations in the city plan. The owner of a large plot of land in the area of the MRT Yellow Line And pink is starting to expand or announce more land sales, bazaars or large warehouses may be waiting for sales. Including many land owners who may be waiting for clarity on the new Bangkok City Plan.

Therefore, the area along the yellow line electric train route and the Pink Line, although it is a light rail, does not pass through the city center But it helps to facilitate traveling to connect to the main train line. including causing continuously changing in the future

Source:https://www.thansettakij.com/real-estate/567625

Date 9/06/2023