Low-rise and high-rise condominiums appeal to investors in different ways. We take a look at some of the pros and cons of each type.
Condominiums are by far the most popular property type of choice among foreigners in Bangkok, Thailand. As a fast-growing cosmopolitan city, Bangkok’s skyline has a unique mix of low-rise and high-rise residential buildings, both in the city center and on the outskirts.
Which one should you choose as your dream property in Bangkok? We take a look at the key differences, as well as the pros and cons of both options.
Advantages of High-Rise Condominiums
As the name suggests, high-rise condominiums offer stunning views of the city. Residents on the higher floors can enjoy the breathtaking views along with the unobstructed cool breeze.
Bangkok’s planning and building regulations require the height of the building to be proportional to the size of surrounding roads that can be accessed, due to security and safety reasons. With many of Bangkok’s major roads being situated in the city center means that high-rise developments are also more likely to be located in central neighbourhoods like Sukhumvit and Silom-Sathorn.
Residents are in close proximity to major public transportation networks like the BTS and MRT, as well as important road junctions and expressways. City center developments are also a stone’s throw away from the city’s popular lifestyle options such as megamalls, restaurants and nightspots. Professionals working at the central business districts also benefit from a shorter commute.
SC Asset’s luxury condominium, 28 CHIDLOM is one such project that gives residents the best of both worlds – located in Bangkok’s most iconic neighbourhood with a natural green ambience.
While high-rise condominiums in the city center have much to offer, they are also usually the most expensive properties in the city. Investors also need to consider the investment and returns potential of the property alongside the cost and price of the condominium.
Being located on major roads also means that some residents might experience certain levels of noise and dust pollution, depending on the development.
Advantages of Low-rise Condominiums
Low-rises condominiums are perfect for those who love the peace and quiet.
Low-rise condominiums are typically located in residential areas, away from the major streets. These relatively quieter suburbs offer residents a rare respite from the hustle and bustle of Bangkok’s metropolitan city center. They also typically offer great access to green spaces owing to their location. Working professionals with young families who want to get home to a quiet environment are usually attracted to condominiums in these areas.
Living away from major roads and neighbourhoods offer residents much-needed privacy. As low-rise condominiums in Bangkok usually only have around 8 levels, the project is less densely populated. This gives the whole complex a more homely and cozy feel to residents.
Low-rise condominiums are typically cheaper than their high-rise counterparts, due to their location. Investors with a smaller budget usually go for these units as they can sometimes also get a higher rental yield.
SC Asset’s Chambers On Nut Station is a low-rise condominium that offers residents a unique resort-style living nestled in the heart of Bangkok. The project embodies comfort and relaxation, with the lush greenery surrounding its common areas. Located just 230 meters from Chambers On Nut BTS Station, and close to three easily accessible expressways, Chambers On Nut allows residents to stay connected to the beat of the city.
Some low-rise condominiums however, are known to be further away from convenient amenities like public transportation networks, again, due to their location. However, with Bangkok’s rapid infrastructure upgrading efforts, especially in public transportation, such worries will soon be a thing of the past.
The choice between investing in high-rise or low-rise condominium projects eventually depends on the preferences and priorities of the investor. Speak to our agents if you would like to explore SC Asset’s wide range of properties that cater to every investor.
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