NEWS & EVENTS
“Asok” is a location adjacent to Sukhumvit Road, a bustling lifestyle district that is lively throughout the day. It’s one of the CBD areas that combines urban amenities in every form, including office buildings, shops, restaurants, department stores, and a comprehensive public transportation system with both BTS and MRT subways.
Asok is currently one of the most luxurious CBD districts, housing world-class shopping centers such as Terminal 21, which is highly popular among locals and tourists. It is also located near The Emporium, The EmQuartier, and Emsphere, each shopping complex offers a variety of restaurants, fashion and lifestyle stores, as well as various attractions.
Asok is a prime CBD for investors due to its significance as one of the largest business hubs in Bangkok. Numerous office buildings of leading companies are within the area, including Grade A buildings such as Interchange 21, the Maleenont Towers, GMM Grammy, AIA, and Unilever House. Additionally, it is situated near prestigious educational institutions such as Bangkok Christian College, Wattana Wittaya Academy, Mater Dei School, Chulalongkorn University, and Srinakharinwirot University.
Asok is not only a bustling commercial hub but also offers a serene escape with its proximity to several lush green parks. These urban oases, including The Royal Bangkok Sports Club, Benchakitti Park, Benchasiri Park, and Lumpini Park. They offer residents and visitors with ample opportunities for outdoor activities and relaxation. These parks are easily accessible via the MRT. They are the popular destinations for those seeking a respite from the city’s hustle and bustle.
Over the past 10 years, Asok has consistently ranked among the top 10 most expensive land value locations in Thailand. According to the Department of Land, the unit land appraisal price for the Sukhumvit area in 2023-2026 is estimated to be between 240,000 and 300,000 baht per square wah, with potential adjustments to reach 600,000 baht.
Combined with factors such as strong demand for residential properties and business growth, the land value in this area is expected to continue rising steadily. The annual capital gain is estimated at 7-18%, and the rental yield is around 5-7% annually.
Condominiums in the Asok area have consistently been popular. Its convenience of transportation and urban living caters to the needs of the modern generation. These residences in this area often feature sleek designs that maximize every square meter, incorporating functional layouts that align with city lifestyles. Most residences are equipped with a full range of amenities, including green spaces for relaxation, fitness centers, swimming pools, private communal areas, and co-working spaces
In the future, the Sukhumvit CBD will continue to evolve with numerous ongoing development projects including condominiums, office buildings for rent, and mixed-use developments, which all aimed at enhancing the quality of life for both residents and visitors.
