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Learn more about the Phra Khanong Nuea property market through trends and average prices.
Phra Khanong Nuea is one of the sub-districts of Watthana district. This area is located around the central business district, commercial neighborhoods, service centers, and important diplomatic organizations. Phra Khanong Nuea is classified as a densely populated residential area. It is home to the world-famous entertainment area of Ekkamai neighborhood and is also connected to the Thonglor area, a sought-after destination for those who love nightlife. In addition, the area of Phra Khanong Nuea is also best known for a variety of tourist attractions, such as W District, which is a chic department store that sells various products and fashions, as well as the art gallery at the Hof Art Space, a collection of contemporary artworks by both new artists and old masters. Besides, there are Habito Mall, Sansiri Backyard @ 77 Community, Wat That Thong, and many other fascinating attractions. Accordingly, Phra Khanong Nuea is greatly considered the ideal location with all kinds of conveniences and a critical residential area with its proximity to a large source of employment opportunities, making it an area with strong potential for continuous development.
It is undeniable that the Phra Khanong Nuea is a highly competitive area, especially in the real estate market, as it covers the Ekkamai, a well-known neighborhood for both Thais and foreigners. Besides, traveling around the area is comfortable in all modes, whether traveling by car or by public transport. Also, the sub-district is abundantly filled with all kinds of amenities. It is the hub supporting the 24-hours lifestyles of the new generation and business people, giving rise to the area's active growth. For these reasons, the sub-district has become a potential residential area and a significant source of job opportunities which is continually evolving and expanding.. The properties for sale in Phra Khanong Nuea are approximately priced at around 7.5 million baht for the houses with varied options starting from 1-4 bedrooms. This is considered the selling price for mid-to-high class properties, targeting the main customers who are businessmen and high-end customers with high purchasing power, etc.
Amenities in Phra Khanong Nuea are deemed to be comprehensive and complete for the livelihood of residents, whether shopping centers and fresh markets, such as Big C - Ekkamai, Makro Sukhumvit 71, Habito Mall, Big C On Nut, Phra Khanong Market, Onnuch Fresh Mart, etc., educational institutions of both public and private schools, such as Piboonwet Kindergarten, Phra Mae Mary Pra Khanong School, Wat Tat Thong School, St Andrews International School Bangkok, etc., or public health centers, such as Sukumvit Hospital, a leading hospital with a team of Medical specialists and nurses who will give advice and treat patients with their impeccable service.
Phra Khanong Nuea is a densely populated neighborhood, and the area's traffic condition is congested at times. However, traveling around is considered comfortable with diverse modes of transportation. For traveling by public transport, you can use the BTS Sukhumvit Line (Light Green line) with the stations available at Ekkamai BTS, Phra Khanong BTS, and On Nut BTS. For traveling by bus, there are many buses available, such as 116, 25, 507 (AC), and 508 (AC). Another choice for quick travel is pocket-friendly boat services at Phra Khanong Pier, which can save a lot of your time and money.