Langsuan is considered one of Bangkok’s most prime locations, boasting some of the highest land prices in the country. Its value continues to ascend due to the limited availability of land for development. This scarcity has transformed Langsuan into a premium, rare location, akin to “The Manhattan of Bangkok.”

The area offers a world-class environment and amenities, providing a comfortable, tranquil, beautiful, and modern atmosphere in the heart of the city.. It’s an ideal place for quality living, a perfect blend of the vibrant city life, work, relaxation, and shopping, all within close proximity to business districts, top-tier schools, and 5-star hotels and restaurants. With convenient transportation access including the BTS Skytrain and MRT subway, Langsuan has become a sought-after location for both Thais and foreigners, particularly expats.

The transformation of nearby locations such as Rama 4 road, Witthayu, and Chit Lom, featuring massive mixed-use projects worth over hundreds of billions of baht, such as Central Embassy, Sindhorn Village, ONE Bangkok, and Dusit Central Park. With a combined area of approximately 193 acres or a total gross floor area (GFA) of about 2.7 million square meters, those developments become a magnet attracting more and more people into this location.

Prices in Langsuan are rising in parallel with the Area’s Potential with an average new launched Prices increasing by 18% per year. The average launch price increased from 100,000-150,000 baht per square meter in 2004 to 350,000 baht per square meter in 2018. As for freehold condominiums, it is possible that condo prices could rise as high as 600,000 baht per square meter in the future, based on current land prices that are being traded at more than 3 million baht per square wah.

Langsuan’s status as a super Prime area and world-class destination strongly attracts potential demand, including foreign tenants and high-purchasing power groups. Renting out condominiums in this area can generate a rental yield of approximately 3.4% – 6.2% annually, depending on the project level, condition of the project, and room decoration. Monthly rental rates depend on size.

Luxury freehold condominiums in the Chit Lom-Langsuan-Witthayu area have the rental rates for a one-bedroom unit with a starting size of 57 sq.m. at approximately 1,200 – 2,000 baht/sq.m. Last year, there was a project that broke the record for the highest rental rate per square meter in Bangkok, reaching 2,500 baht per square meter.

The Super Prime Area status and the growth of Langsuan in all dimensions cement the location potential, which is only increasing in value each day. Owning an asset in this area simply assures a steady growth in value and solid return.