CBRE has a dedicated sales team specialising in Bangkok condos for sale. We have been managing, selling and buying Bangkok condos for over 35 years consequently our experience is unparalleled. Our condo sales team is the market leader, currently marketing over 20 leading new Bangkok condo projects.
In addition to these projects we have a selection of over 4,500 Bangkok condominiums in our condo listing database (view Bangkok Condo Listings), thus we are able to provide you with the widest choice from a range of luxury Bangkok condominiums.
A condominium or condo – also known in some countries as an apartment or flat - is a building where individuals have freehold strata title of their own residential unit and where the common areas such as lifts, swimming pools and gyms are jointly owned by all the co-owners. In Thailand, foreigners are allowed to own up to 49% of the total area of a condo building.
- BANGKOK CONDOMINIUM: THAI DEFINITION
- BANGKOK CONDO AREAS & LOCATIONS
Our condo sales team have intimate knowledge in the condominium market in the following Bangkok locations.
The area incorporating Silom, Sathorn, Surawong, and Narathiwas-Ratchanakarin (north of Chan Road) Roads, as well as the sois in between.
The area incorporating Wireless, Ploenchit, Rajadamri, Chidlom, Langsuan, Sarasin and Ruamrudee Roads, and other sois in between.
The area incorporating Sukhumvit Road from Soi 1-65 and Soi 2-44, as well as other sois in between have many condos for sale in Sukhumvit.
The area incorporating Ratchaprarop, Phayathai, Sri Ayutthaya and Petchaburi (from Soi 1-37) Roads, as well as other sois in between.
The area incorporating Narathiwas-Ratchanakarin Roads (south of Chan Road), Charoenkrung and Rama III on the side not adjacent to the river, as well as interlinking sois.
Includes developments on the riverside incorporating Charoenkrung,
Charoennakorn and Rama III.
All other areas of Bangkok lying outside the CBD, including Ratchadapisek,
Ladphrao, Ramkhamhaeng, Paholyothin, Thonburi and Sukhumvit Road from Soi 44-76 and 65-115.
There are essentially 3 choices to make when buying a condo in Bangkok:
- TYPICAL CONDOMINIUM PURCHASE OPPORTUNITIES
1) Condominiums in New Projects
CBRE specialise in marketing and selling off plan “New build” projects. We currently have over 10 projects on our books comprising some 4,000 units.
Benefits of buying a condo in a new project can include:
2) Resale Bangkok Condos
- A new property
- Latest built in facilities (gyms, pools etc)
- Usually built in the most convenient locations (access to public transport)
- Capital growth for an initial small outlay
CBRE has an extensive database of condominiums available for resale. The benefits of a resale condo purchase are that it avoids the risks of an off plan sale.
3) Buying a Bangkok Condo as an Investment
- No risk of developer delays or failure
- Ready for immediate occupancy
- The chance to inspect the actual unit, views and fittings
- The opportunities to seek in some instances bargains
Buying a condo in Bangkok for investment can offer an attractive investment opportunity with initial capital growth and later a rental income.
In our New Bangkok Condo Projects portfolios investors buy condos “off plan” (i.e. before and during construction) paying in stage payments. Thus buyers invariably get the best prices (developers generally increase prices during construction), they also manage their cash flow as deposits and stage payments are between 10 and 30% of the total price.
Buy to Let - There is a large and continuously growing expatriate population looking to rent condominiums, providing owners with solid rental returns. Speak to us about areas and property types to achieve the highest returns.
In summary, early buyers usually secure a rise in value for a small capital outlay. Of note is that generally, in Bangkok, real estate developers do not restrict condominium buyers from assigning their contracts at any stage.
We conduct research on the latest conditions prevalent in the Bangkok Condo market, including supply, demand, and current property requirements of condo buyers.
With our network of offices, CBRE has unparalleled access to resources in Bangkok, these enable us to identify trends that assist our customers in buying a Bangkok condo.
For full access to the latest Bangkok condo research or to access the Bangkok Property Report.
- LEGAL OWNERSHIP OF A BANGKOK CONDO
The majority of condominiums in Bangkok are freehold. Foreigners can own up to 49% of the total area of a condominium on a freehold basis.
Some developments in Bangkok are built on leasehold land with leases of 30 years and options to renew. Leasehold ownership is also offered in condos where the foreign quota for freehold title has been reached.