NEWS & EVENTS
Krungthep Kreetha is the New Luxury Neighborhood of Bangkok
Many areas in Bangkok have been under development recently. Krungthep Kreetha road is another prime area with new community development. The zoning does not prohibit industrial development which makes Krungthep Kreetha less populated. The area gained popularity among the homeseekers that wanted a property nearby the city.
Land prices in Krungthep Kreetha area continuously skyrocket in the last 10 years due to the development in Eastern Bangkok. The area has the highest land price growth in Bangkok with over 150% increase. Krungthep Kreetha is not far away from major industrial estates in Samutprakarn, Chachoengsao, Chonburi, and Rayong. The area is accessible through major road networks including Rama 9 road, Krungthep Kreetha road, Ramkhamhaeng Road, Huamak, Bangkok-Chonburi motorway, eastern ring road, and Srirach expressway. Connections to mass transit in this area include MRT Yellow line, Orange line, and airport link. Suvarnabhumi Airport is in nearby proximity to Krungthep Kreetha.
Amenities in Krungthep Kreetha are perfect for Modern Lifestyle. Amenities include shopping malls, community malls, the Nine Center on Rama 9, the Paseo Park, and newly opened Little Walk community mall.
The area presents easy access to many Education institutions nearby the area include Wellington International School, Ascott International School, Mandarin International School, Shrewsbury International School, Assumption University (ABAC), and National Institute of Development Association (NIDA). Which makes Krungthep Kreetha a preferable area for those who want less commuting time and more time for education and activities. Rental demand in the Krungthep Kreetha area remains high from foreigners, expats, and businessmen. Monthly rental price in this area ranges from 50,000 Baht to 120,000 Baht depending on size. Average rental yield is 7-9%.