Greater Bang Na becoming a new property hotspot

aerial view of convention hall in bangna road outskirt bangkok thailand

Bang Na is well known as the end of the line of the six-lane elevated section of the famous Bang Na-Trat expressway, which incidentally holds the record for being the longest elevated highway in the world. It is also home to the BITEC exhibition center, which hosts many well-known events.

Yet the Greater Bang Na area is becoming more prominent in other ways, one of which is as a prime residential area.

It was largely off the map just ten years ago, but as the Sukhumvit Green Line BTS got extended down to Bearing station and beyond, Bang Na has been able to play catch up in the residential arena.

This effect is not too dissimilar to areas along Sukhumvit road such as Punnawithi and Bang Chak, which also reaped the benefits of an extended Sukhumvit BTS line in 2011. Now with a second extension complete, Bearing, along with the rest of the Bang Na district is no longer at the end of the line, instead it is lying somewhere in the middle.

There are a number of condo developments around the BTS stations in the Greater BangNa area but as you start traveling along the Bang Na-Tratexpressway it is evident that plenty of land has been used for detached houses. A considerable amount of new land has been purchased in the area as developers see the future potential of Greater Bang Na.

At the forefront of this potential lies a combination of a great choice of shopping malls (such as Central Bang Na, Megacity Bang Na), a good number of international schools (including Berkeley International School, St Andrews International School, and the Thai-Singapore International School), and plenty of high quality hospitals.

As well, existing and new upcoming transport links are just the icing on the cake. Among them is a new light rail that will connect Bang Na to Suvarnhabumi airport running roughly parallel with the Bang Na-Trat expressway. It will have a total of 14 stations and will open up plenty of opportunities for real estate developers in the Bang Na area.

Also the new Yellow Line, which will connect Samrong to Lat Phrao, will open up easy travel to the north of Bangkok for those living in the Greater Bang Na area.

Developers such as Land and Houses Plc., Greenfield, Fulcrum, LPN, Ananda and Sena Development Plc., are already seeing all of this activity as signs that Greater Bang Na is becoming a new upcoming district.

The COO of Greenfield, Amritanshu Roy, was quoted as saying, “Greater Bang Na has already become another hot destination for residential townships and this is getting reflected in the real estate prices in the area. High level of absorption is another positive. These factors are showing the emergence of Greater Bangkok as a preferred destination for home buyers.”

Indeed property prices in Bang Na have already started to rise with gains of up to 9 percent in previous years, second only to CBD areas such as Sathorn in central Bangkok.