Early Sukhumvit: where to buy or rent a condo

Compare condominiums in Asoke, Nana, and Phrom Phong:

Early Sukhumvit is Bangkok's most charming area to live in. Accompanied by hectic city lifestyle along with day-and-night charm, Early Sukhumvit is the most iconic central avenue in Thailand. 

It starts from Nana, going through Asoke, and finishes in Phrom Phong. 

Located between Rama IV Road and Phetchaburi road and combined with the best features of urban development, Early Sukhumvit is the only area that has easy access to all BTS Sukhumvit Line, the BTS Silom Line, the MRTs, the Bangkok Airport Rail Link, and piers at channel (Khlong).

Here we compare condominiums in Asoke, Nana, and Phrom Phong.

How we define Asoke, Nana, and Phrom Phong

There are different opinions where are borders between Asoke, Nana, and Phrom Phong. We divide areas by distance to respective BTS stations, while in some areas we counted buildings in 2 areas.

For example, all projects at Sukhumvit 31 and Sukhumvit 22 we count to both Asoke and Phrom Phong. All projects at SUkhunvit 10 and Sukhumvit 13 we define as Asoke and Nana condos. See the map below.

What is the data source

We used data based on listing prices as available in the main Thai property portals: DotProperty, HipFlat, and DD Property.

The data was collected in April and May 2020.

Comparison of Data

The next table summarizes the main parameters analyzed for condominium projects in Nana, Asoke, and Phrom Phong.

				Definition
# condominiums	31	88	75	projects
Total # units	8,228	18,204	11,354	apartments
Ave units/bldg	265	207	151	apartments/bldg
Ave bldg age	16.0	15.6	14.6	years
Ave floors	23.6	24.4	24.4	floors/bldg
Ave unit price	฿8,037,175	฿10,710,100	฿15,263,617	THB
Ave. price/sqm	฿124,878	฿153,171	฿164,829	THB/sqm
Ave. rental price	฿29,960	฿37,667	฿53,597	THB/month
Ave ROI	4.47%	4.22%	4.21%	annual yield

Note: since data is based on listing price, actual property prices (both for sale and rent) are 10 to 20% lower. When making your buying or selling decisions, we recommend advising with a professional property consultant.

Conclusions in short

• Asoke has more condominiums and, consequently, more apartments
• Phrom Phong area includes more low-rise condominiums and, consequently, there are fewer apartments per building
• Nana condominiums are older than those in Asoke and Phrom Phong and, consequently, average condo prices (both for sale and rent) are lower in Nana
• Annual rental yields are slightly higher in Nana while a difference is not as significant.

For more analysis and free consultation, please contact RE/MAX CondoDee realtors.

What condominiums are included in the analysis

The next table indicates all condominiums featured by RE/MAX CondoDee. For a detailed review of each condominium, click on the project name to visit the dedicated project page.

Condominiums by RE/MAX CondoDee