Phrom Phong and Thonglor: Two of the best areas in Bangkok property investment
Phrom Phong and Thonglor: Two of the best areas in Bangkok property investment.
Most of the challenges being faced by buyers and investors are finding the best place in Bangkok to settle for investment. This is due to the elevated demand for property and the several basic factors that most investors tend to put into consideration when it comes to investment. On the other hand the Nexus Property research avails that in as much as the area seems lucrative they are not prone to the increased pricevgrowth or returns for investment for a period of five years. Hence there seems to be a distinction which is brought by the two neighborhoods: Phrom Phong and Thonglor.
High investment returns.
Phrom Phong and Thonglor are well acknowledged for being the best place for investment due to their great investment returns. Basically since the year 2013 the cooperative prices have risen by more than 40 percent, hence making the area outstanding when it comes to property investment.
In addition, they still remain as places of essence in relation to property investment due to the high sales and rent returns as provided by the Nexus property researchers. For instance Thonglor provided investors with 66 percent returns which is the highest total in thevThai Capital.
Phrom Phong and Thonglor are considered to be the best place for investment due to a number of reasons:
The areas have cultivated the best reputation due to the kind of convenience and the features that are surrounding the place. It is known as a hotspot for investment due to the positive success, it has when it comes to investments. The neighborhood offers investors a full package of ample and convenient travel and commuting options. Interestingly, they also offer a wide range of leisure activities which are convenient do the residents in the neighborhood. The eclectic and vibrant numbers of places for lifestyle enjoyments make the place a center of attraction for investments.
Establishment of commercial launches.
Phrom Phong and Thonglor have proved to be an area that is desired by most working professional hence attracting lots of commercial launches. The cycle of new commercial launches has motivated the residents to develop new projects, thus making the neighborhood a hotspot for investment.
The projects tend to make the area a place most desired for increased long term developments that thrive the market upwards. Therefore, due to the kind of environment provided it remains to be a place preferred by most foreign investors.
Influence of foreign investors.
The place is most preferred by foreign investors with especial relation to the Japanese who have occupied most of the parts in Prom Thong and Thonglor. The foreign investors have made the place more attractive for settlement and commercial projects. In addition, each neighborhood is comprised of an exquisite collection of outstanding properties which are of different sizes. Due to the different sizes available it creates convenience for investors to choose what they desire for investment.
Considering the reasons provided which are convenient for investors this make Phrom Phong and Thonglor most wanted place for investment in Bangkok.