Bearing Real Estate Overview

Bearing offers a unique blend of urban convenience and suburban tranquility. Its accessibility, affordability, and potential for growth have made it a sought-after location for real estate investment. The growth of the condominium market in Bearing was significant in 2014 and 2015, with new supply increasing to 6,642 units and 7,292 units, respectively. This increase coincided with the start of construction on the Green Line BTS extension from Bearing to Samut Prakan in 2013, highlighting the positive effect of infrastructure development on real estate growth.

By the first quarter of 2017, the supply of condominiums on Sukhumvit Road, from the Bangna intersection to Samutprakarn (which includes Bearing), reached 27,916 units. The total number of condos sold was 18,956 units, representing a sales rate of 67.9%, which was an increase from 62.8% in 2015.

Bearing remains an attractive option for property buyers due to its affordability. The median sales price for a property near Bearing BTS was around $73,654, with a median price per square meter of $2,626. Its competitive pricing has made Bearing a popular choice for first-time buyers and investors.

The area has shown promising returns on investment, with rental yields in Bearing falling between 5% to 6.5%, depending on the project. For low-rise condo projects, a one-bedroom unit of 28 to 30 square meters typically costs around 2 to 2.3 million baht with a rental yield of 10,000 to 12,000 baht per month.

1. Bearing Real Estate: Strategic Location

Bearing’s location along Sukhumvit Road, a major arterial road connecting Bangkok to the eastern seaboard, is a key factor driving its real estate appeal. The district is well-connected to the city center and other key areas via the BTS Skytrain and numerous bus routes. This accessibility makes it convenient for residents to commute to work, school, and other destinations. Easy access to major destinations like Siam, Asoke, and Thong Lo via the existing BTS Green Line or Sukhumvit Line.

2. Bearing Real Estate: Affordable

Compared to other prime areas in Bangkok, Bearing offers relatively affordable real estate options. This affordability, coupled with the district’s potential for growth, makes it an attractive option for first-time homebuyers and investors alike. For instance, the average selling price for new Grade B high-rise condominiums in Bearing is around 120,000 baht per square meter, while in Bangkok’s Central Business District (CBD), prices range from 200,000 to 250,000 baht per square meter.  Bearing is an attractive option for investors and families seeking quality properties in the suburb area at more accessible prices compared to the premium rates in central areas.

3. Bearing: Mega Projects

Several mega-projects are underway in Bearing, further boosting its real estate prospects. These projects include the expansion of the BTS Skytrain network, the development of new shopping malls and commercial centers, and the construction of new residential projects. These developments are expected to drive up property values and rental yields in the area.

1. True Digital Park: This project is set to open in the Punnawithi – Bearing area, though specific details about its scale are not provided.
2. Bangkok Mall Bang Na: A future large-scale shopping complex planned near the Bearing area.
3. New Office Developments: Several new office buildings are under construction in the vicinity.

Infrastructure Projects include:

1. Future 2nd Airport Link: A planned connection from Suvarnabhumi Airport to Bang Na BTS station, which would improve connectivity to Bearing.
2. Yellow Line Connection: A future connection with the Yellow Line at Samrong BTS station, enhancing Bearing’s public transport network.
3. Green Line Extension: The ongoing extension of the BTS Green Line towards the east will further improve Bearing’s accessibility.

The Bearing area is benefiting from its position within the expanding Eastern Sukhumvit CBD, which is linked to the Eastern Economic Corridor (EEC). This large-scale regional development initiative is likely to have significant positive impacts on Bearing’s real estate market.

4. Bearing: A Commercial Hub

Bearing is home to a thriving commercial sector, with numerous shopping malls, supermarkets, restaurants, and other businesses. This commercial vibrancy adds to the district’s appeal and provides residents with easy access to a wide range of amenities.  

The median sales price for a property near Bearing BTS is approximately $73,654, with a median price per square meter of $2,626. This competitive pricing makes Bearing an attractive option for businesses and investors. Bearing offers various types of commercial properties, including retail spaces, office buildings, industrial facilities, warehouses, and mixed-use developments. As Bangkok continues to expand eastward, Bearing is well-positioned for further commercial growth, with ongoing development of new commercial and residential projects. Bearing has potential for increased demand due to its strategic location and offers opportunities for investors and businesses looking to capitalize on Bangkok’s evolving real estate landscape. Bearing offers a variety of commercial property types, including office spaces, retail units, industrial facilities, and mixed-use developments.

5. Bearing: International Schools

The presence of several international schools in Bearing is another factor attracting families to the area. These schools offer high-quality education and cater to the needs of the expatriate community. Bearing, located in East Bangkok, offers several high-quality international schools catering to students from various age groups and backgrounds. Here are some notable international schools in the Bearing area:

• St. Andrews International School Sukhumvit 107, located near the Bearing BTS station, is a leading international school catering to students aged 2 to 18. The school follows a blended curriculum combining the English National Curriculum and the International Baccalaureate (IB) framework. Its diverse student body represents over 40 nationalities, and the campus boasts a spacious, green environment with modern facilities. The school has recently added a new Sports Arena, which features a double-size gymnasium, a fitness center, and a dance studio.
• TSI International School, formerly Thai Sikh International School, is a prominent educational institution in Bangkok with its secondary school situated near Bearing. The school caters to a diverse student body aged 2 to 18, representing over 30 nationalities. TSI follows the British national curriculum, preparing students for IGCSE and A Level examinations. The school is recognized for its competitive fee structure, described by some as “Bangkok’s Hidden Gem.” With plans to open a new primary school at the Bearing campus in 2025, TSI International School continues to expand its commitment to providing high-quality education in Bangkok.
• Bangkok Patana School, while not directly in Bearing, is still within close proximity, located approximately 3 kilometers from Bearing BTS. Its reputation as the oldest international school in Thailand following the British Curriculum makes it a noteworthy option. The school offers the IB Diploma program for senior students and is recognized for its excellent academic achievements and first-class sporting facilities. Additionally, Bangkok Patana School emphasizes critical thinking, creativity, and independence, making it a well-rounded option for families seeking an international education.

Several other international schools are accessible from Bearing, including:

• Berkeley International School
• Thai-Singapore International School
• Concordian International School

These schools offer a range of curricula including American, Singaporean, and International Baccalaureate programs. The Bearing area continues to develop as an educational hub, with easy access to these international schools via public transportation, particularly the BTS Skytrain. This makes it an attractive location for expatriate families and Thai families seeking international education options.

Buy a Property in Bearing

Bearing offers a variety of real estate options to suit different needs and budgets. Whether you’re looking for a condominium, a house, or a commercial property, you’re likely to find something that meets your requirements in Bearing.

• Condominiums are the most prevalent property type in the Bearing area, offering a range of options from affordable to luxury units. These include both high-rise and low-rise developments, catering to different preferences and budgets.
• Houses, including detached houses and townhouses, are also available in the area. These properties offer more space and privacy compared to condominiums, making them suitable for families or those seeking a more traditional living experience.
• Land plots are available for sale in the Bearing area, providing opportunities for custom development or investment.

Commercial properties are also present in the area, reflecting Bearing’s growing status as a commercial hub. These may include office spaces, retail units, or mixed-use developments.

With Keller Henson, you’ll find the property in Bearing you’re looking for, and our team will guide you from understanding Thai regulations in regards to foreign ownership conditions to buying a property in Bearing safely and smoothly. For more information, consult our guide to buying a property in Thailand.  

Purchase a Condominium in Bearing

Condominiums in Bearing offer a convenient and low-maintenance lifestyle, with a range of amenities including swimming pools, fitness centers, and 24-hour security. While generally more affordable than those in ultra-luxury areas like Thonglor, Bearing condos still offer attractive features such as shuttle services to the BTS, co-working spaces, pet-friendly options, and even saltwater swimming pools in some developments.

Bearing has a variety of condo types, including high-rise and low-rise options. High-rise condos often provide better views and more extensive facilities, while low-rise condos offer a more intimate living environment. Penthouses, while less common, can also be found in some high-rise developments, providing spacious layouts and premium views.

The Bearing condo market is notable for its balance of affordability and quality amenities. The area has experienced significant growth, with high sales rates in recent years, indicating its increasing popularity among buyers and investors. This growth is likely due to a combination of factors, including the area’s convenient location, improving infrastructure, and the availability of modern and affordable housing options.

Keller Henson offers comprehensive assistance throughout the condominium purchasing process in Bearing, from initial inquiry to registration at the Land Department, ensuring a seamless transaction experience. Keller Henson advices and helps buyers from property research to keys handover.

Purchase a House in Bearing

For those who prefer more space and privacy, houses are also available for sale in Bearing. These houses come in various sizes and styles, from modern townhouses to spacious detached houses.

Foreign buyers interested in purchasing a house in Bearing must navigate foreign property ownership laws, which restrict direct land ownership. There are other available options including: 

• Leasehold agreements, allowing foreigners to lease land for up to 30 years with possible renewals. Learn more in this article on leasehold vs. freehold.
• Establishing a Thai limited company to indirectly own the property. This method requires Thai nationals to hold at least 51% of the company’s shares.

Keller Henson can guide clients through the legal and regulatory processes for leasehold agreements or company setups, ensuring informed decisions compliant with Thai law ensuring a smooth and secure investment process.

Types of Houses for Sale in Bearing

Bearing offers diverse housing options to cater to various lifestyle preferences. These include gated housing estates with security and communal facilities, modern townhouse complexes that balance privacy with community living, luxury villa developments with exclusive communities and high-end amenities, and mixed residential areas that combine different housing types for a diverse neighborhood.

• Detached Houses: Houses are the most spacious and private option, but they also tend to be the most expensive option, with prices ranging from ฿10,000,000 to ฿30,000,000+. They feature private gardens and are often located in gated communities, making them best for families seeking privacy and space.

• Townhouses: Townhouses provide a balance of space and affordability. They are a suitable option for families who want more space than a condominium, but don’t require the space of a detached house. Townhouses typically have multiple stories and shared walls, and are often found in rows. The price range for townhouses is between ฿5,000,000 and ฿15,000,000. They are best suited for small families or couples who desire more space than a condo.

• Semi-Detached Houses: Semi-detached houses share one wall with a neighboring house. They offer more space than a townhouse but less privacy than a detached house. Prices range from ฿7,000,000 to ฿20,000,000. These houses are best for those seeking a balance between space and affordability.

• Villas: Villas are luxurious houses that typically have private pools and gardens, making them an excellent choice for those who desire a high-end lifestyle, with prices ranging from ฿20,000,000 to ฿50,000,000+.

Bearing Real Estate Final Words

The dynamic and rapidly developing district of Bearing offers a bright future for those looking to invest in Bangkok real estate. Strategically located, affordable, and boasting ongoing mega-projects, commercial vibrancy, and access to international schools, Bearing is an attractive destination for those looking to live, work, or invest. With new commercial and residential projects on the horizon, Bearing is poised for further growth. The ongoing expansion of Bangkok’s mass transit system, including the BTS Skytrain, is likely to enhance Bearing’s connectivity and appeal even further.

Bearing’s real estate market offers a unique combination of affordability, strategic location, and growth potential. As Bangkok continues to expand eastward, Bearing is well-positioned to benefit from this growth, making it an area worth considering for both homebuyers and investors looking to capitalize on Bangkok’s evolving real estate landscape.

Bearing presents diverse options for those seeking to purchase real estate in Bangkok. Its strategic location, affordable pricing, ongoing development, and access to amenities make it an attractive option for a wide range of buyers. Whether you’re looking for a modern condominium or a spacious house, Bearing offers options to suit various preferences and budgets. Contact Keller Henson today to explore available properties in Bearing for sale.