Krung Thon Buri Real Estate Overview

Krung Thon Buri this area was known for being densely populated with older residential buildings. However, since 2010 there has been a gradual shift towards modernizing housing stock through new condominium developments aimed at middle-class buyers seeking convenience without high-end prices. The ongoing development, coupled with its riverside location, makes Krung Thon Buri a unique and attractive place to live and invest.

1. Krung Thon Buri Real Estate: Strategic Location

Krung Thon Buri’s strategic location, with easy access to major business districts and transportation hubs, is a key factor driving its real estate market. The area is well-connected to the city center via the BTS Skytrain and multiple bridges across the Chao Phraya River. The BTS Krung Thon Buri station (Silom Line and Gold Line) anchors the area’s connectivity, making it a magnet for professionals working in Silom-Sathorn and families seeking value. The Riverfront Access– Ferries and express boats connect residents to Asiatique, Wat Arun, and the CBD, ideal for commuters and tourists

2. Krung Thon Buri Real Estate: Affordable

Krung Thon Buri provides more affordable real estate options compared to other prime areas in Bangkok. It is an attractive option for first-time homebuyers and investors due to its affordability and potential for growth. Krung Thon Buri remains a budget-friendly alternative to Sukhumvit or Thong Lo, with competitive pricing for condos, rentals, and value growth:

• Condos: Average sale prices range from ฿3 million (studio) to ฿15 million (4-bedroom).
• Rentals: Furnished condos start at ฿12,000/month, while detached houses lease from ฿85,000/month.
• Value Growth: Prices have risen 8–12% annually since 2020, driven by demand from expats and local professionals.

The Khlong Ton Sai area, which encompasses Krung Thon Buri, has a median list price for condos of approximately ฿10M, with a median price per square meter of ฿130,994. Rental prices for condos average around ฿30,000 per month, yielding a gross rental yield of about 3.8%. These figures indicate a relatively affordable market compared to other central Bangkok districts, making Krung Thon Buri an attractive option for both first-time buyers and investors seeking rental income.

3. Krung Thon Buri: Mega Projects

Krung Thon Buri is undergoing a transformation with multiple mega projects in progress. These projects encompass the construction of new shopping malls, office buildings, and residential developments, which are poised to further stimulate the real estate market and attract businesses and residents to the area. Additionally, the expansion of transportation networks, such as the BTS line, is contributing to the area’s attractiveness for investment.  Infrastructure improvements and the development of new residential complexes and commercial centers are expected to enhance the quality of life and property values in Krung Thon Buri.

4. Krung Thon Buri: A Commercial Hub

Krung Thon Buri is experiencing rapid commercial development, with numerous businesses and industries establishing a presence in the area. This growth is fueling job creation and increasing demand for both residential and commercial real estate. The Krung Thon Buri Road and Wong Wian Yai area has seen substantial high-rise development, with a growing absorption rate for commercial properties, indicating a rising demand for office space and retail outlets. Existing commercial zones and ongoing infrastructure improvements further bolster the area’s attractiveness to businesses.

5. Krung Thon Buri: International Schools

The presence of several international schools in Krung Thon Buri makes it an attractive option for families with children. These schools offer high-quality education and cater to a diverse student population. Krung Thon Buri offers access to several international schools. International Pioneers School (IPS), located in Krung Thon Buri, offers a British curriculum from Kindergarten to Year 13 and is accredited by WASC and ONESQA. Singapore International School of Bangkok (SISB), located nearby, offers a Singaporean curriculum and is accredited by CIS and NEASC. Other international schools with various curricula are available in surrounding areas.

Buy a Property in Krung Thon Buri

Krung Thon Buri 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 this thriving district. With Keller Henson, you’ll find the property in Krung Thon Buri 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 Krung Thon Buri safely and smoothly. For more information, consult our guide to buying a property in Thailand.  

Purchase a Condominium in Krung Thon Buri

Condominiums are a popular choice for those seeking a modern and convenient lifestyle in Krung Thon Buri. Many new condominium projects are underway, offering a range of amenities and features. Krung Thon Buri offers studio, 1, 2, and 3-bedroom condos, ranging from ฿2,000,000 to ฿25,000,000+. Amenities often include pools, gyms, security, rooftop terraces, parking, and gardens.

Purchase a House in Krung Thon Buri

For those who prefer more space and privacy, Krung Thon Buri also offers a selection of houses for sale. These houses come in various styles and sizes, catering to different family needs. Foreign buyers interested in purchasing a house in Krung Thon Buri 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 Krung Thon Buri

• Single-family houses: These houses are ideal for families who want their own space and yard.
• Townhouses: Townhouses offer a balance between space and affordability.
• Luxury villas: For those seeking a high-end lifestyle, Krung Thon Buri also offers luxury villas with premium amenities.

Krung Thon Buri Real Estate Final Words

Krung Thon Buri’s strategic location, affordability, and ongoing development make it a compelling option for real estate investment in Bangkok. With its potential for growth and diverse range of properties, Krung Thon Buri is poised to become a major real estate hub in the near future. Contact Keller Henson today to explore available properties in Krung Thon Buri for sale.