Lazudi

Why Are Property Buyers Flocking To On Nut In Bangkok?

Why Are Property Buyers Flocking To On Nut In Bangkok?

The area of On Nut in Bangkok never used to be an especially desirable place to live until recent years. This is because it was largely considered as being out of the way with very little to do. Those who were flocking to Bangkok, such as foreign expats, weren’t really all that excited by the prospect of living there; until today. Now, the story is different entirely. On Not has gone through some amazing transformations with many more to come.

On Nut is now highly accessible, it is trendy, and has turned into a desirable residential location both for expats and Thai residents alike. Some reports indicate that the area has been showing 9% growth per year – so in other words, On Nut is quite literally booming! But what is it about this location that is attracting property buyers from all over? In this article, we’ll dive a little deeper and find out..

On Nut is up and comingAlthough On Nut did recently lose one of its key attractions, the famous “On Nut Market”, the area still does offer some irrefutable residential charm and plenty to attract new property investors. Certainly, Bangkok’s renowned Sukhumvit hosts more in the way of ‘glamour’ and ‘trendy’ destinations (such as Thong Lo or Ekkamai), however, On Nut has always offered residents a comfortable work/life balance that comes at an affordable price – something that everyone can appreciate.

While it was once considered an unpolished neighbourhood, On Nut has now evolved into a critical residential hotspot as it connects commuters working within Bangkok’s business hubs (i.e., Asoke, Phrom Phong, and Silom). This evolution can be attributed to the BTS Skytrain which cuts travel time down significantly (On Nut to Asoke takes a smooth 15-20 mins), and as a result of this convenience of transportation, residential developers have caught on, producing an impressive range of mid-market condos for those working in the city.

The explosion of new developments, each in the residential, commercial, and retail sectors is immediately obvious to you the moment you step off the BTS as many of the new condo developments can be seen from the Skytrain platform itself.

This bold new increase in housing options at competitive prices has been and is continuing to attract young, affluent professionals and couples who are looking for the perfect balance of comfort, convenience, and again – the lower price tag.

Of course, a neighbourhood needs far more than mere convenience of transportation and good-value housing. In order to create and host a community, a neighbourhood needs to offer so much more, including a variety of quality amenities. Fortunately, On Nut has them in spades which is why this area is attracting so many property investors today.

What makes On Nut so attractive to prospective property investors?
All in all, On Nut boasts a really cool vibe and a fantastic community feel to it. This is the ideal location for expats who are looking for a laidback lifestyle in an otherwise hectic metropolis. On Nut road begins on Sukhumvit Road and ends at the Kanchanaphisek Expressway ad is close to the old network of canals. Here are some of the main reasons why property investors are loving On Nut right now:

  • Fantastic location: On Nut rests at a key intersection on Sukhumvit Soi 77 to Suvarnabhumi Airport. See Artemis Sukhumvit 77 if you are looking for a quality condominium project in this area with plenty of premium facilities. In addition, it is conveniently close to the IS 50 which grants access to the expressway and thus the rest of the city. From this location, it is fairly easy to connect with everything else that Bangkok has to offer.
  • Well-priced properties: Property prices in Bangkok are continuing to rise, however, the prices on On Nut remain affordable and stable – for now at least. To give you an idea as to just how good the going is right now, prices in Thong Lor average between 200,000 and 300,000 THB – with property prices in On Nut resting between 120,000 to 150,000 THB (per metre squared). That is a massive difference allowing investors and home owners like an opportunity to get much more for their money. For those who are interested in something more high-end however, On Nut definitely has a number of premium developments to choose from as well, such as the gorgeous KnightsBridge Prime.
  • Convenient transportation links: If you need to commute and travel regularly throughout Bangkok, On Nut is arguably one of the most conveniently located neighbourhoods in the city. You have the Sukhumvit BTS Skyline granting access to the rest of the city, including a superior network of taxis and motorbike taxis for when you want to travel locally within the area.
  • Many public amenities: Of course, for any area to be popular with property investors and prospective home owners, there needs to be plenty of amenities (malls, schools, cinemas, restaurants, bars, etc.). The kind of things that can keep residents entertained in their spare time without having to travel too far afield. Fortunately, On Nut provides a plethora of high-quality amenities such as: The Tesco Supermarket & Mall, the Major Intersection in Sukhumvit Road, Convenient Expressway Access, Big C Supermarket & Shopping Mall, Century Movie Plaza and Mall, Swift Airport Access, Bangkok Prep School, Habito Community Mall. – These are just a small handful of the larger developments in On Nut. Throughout the area there are many other public areas, retailers, and shopping outlets (with more to follow).
  • A delicious food scene and culture: On Nut is an area that is developing a solid reputation for its delicious food scene and culture. You can easily find charming street food vendors scattered throughout the area. There is quite literally something to suit all tastes and budgets – from cheap vendors selling noodles and Thai rice dishes, to fine dining experiences in 5-Sar restaurants that offer panoramic views of Sukhumvit road.
    Some great examples of the restaurants to be enjoyed in On Nut are: Azuma Tonkatsu, Roots, Cabana Garden Restaurant, and Best Beef.

Is it worth buying property in On Nut right now?
If you are keen on buying a condo or house that sits on the outskirts of the city’s centre, but still remains very much a part of its modern development, then On Nut is, without question, one of the finest investment opportunities available – particularly in terms of value for money.

In order to find the best possible deal that suits your budget and living requirements (or even if you are only looking to invest for profit), we strongly advise seeking out some professional assistance from a reputable real estate agency. With in-depth knowledge of Thailand and the local economy, it helps to find an honest property agent that can help you find the perfect home at a reasonable price – without having to lose your mind over all of the red tape involved.

What to look for in a real estate agent in Bangkok

  • Availability (displaying frequent communication and availability)
  • Experience (it’s a complicated market and you need to work with the best)
  • Honesty (you want someone who will represent your best interests)
  • Knowledgeable (particularly when it comes to law)
  • Personable (someone who will make the process painless and enjoyable)
  • Proactive (the real estate market is competitive and you need someone with energy and enthusiasm fighting in your corner)
  • Professional (a real estate agency that prides themselves on the utmost professionalism)
  • Reliability (someone that you can put your faith in to do you right)
  • Reputable (a real estate agency that has a solid reputation for delivering quality property and a superior service)

Conclusion
As time passes we are only going to see the immense popularity of On Nut grow on a much wider scale. The BTS line continues to expand, thus opening up even more of the new surrounding areas. Further to that, there are many more developments on the way providing premium quality accommodation options for expats, business people, families, and couples alike.

In addition to this, the affordable property prices are stable infrastructure make On Nut a solid investment proposition at the moment! If you’ve been thinking about investing, now is an excellent time to do so.

Settings
Currency
Baht - THB ฿
Australian Dollar - AUD $
Danish Krone - DKK kr
Euro - EUR €
Hong Kong Dollar - HKD $
Indonesian Rupiah - IDR Rp
Indian Rupee - INR ₹
Malaysian Ringgit - MYR RM
New Israeli Shekel - ILS ₪
New Zealand Dollar - NZD $
Philippine Peso - PHP ₱
Pound Sterling - GBP £
Russian Ruble - RUB р.
Saudi Riyal - SAR ر.س
Singapore Dollar - SGD $
Swedish Krona - SEK kr
Swiss Franc - CHF ₣
Taiwan Dollar - TWD $
Turkish Lira - TRY ₤
UAE Dirham - AED د.إ
United States Dollar - USD $
Yen - JPY ¥
Yuan - CNY ¥
Language
Thailand - ไทย
Thailand - English
Indonesia - English
Philippines - English
Dubai - English
Dubai - اَلْعَرَبِيَّةُ
Measure Units
Square Meters / Sqm
Square Foot / Sq. Ft.
Change Country
Indonesia Property
Philippines Property
Dubai Property

Welcome to Lazudi!

Sign in or create an account

or continue with

Your Email
Forgot Password?
Your Email

Enter the 6-digit code we sent to . The code expires in 15 minutes.

Registration is currently restricted to Thai numbers (+66). You can still log in if you already have an account.

Your Phone Number
Your Phone Number

Enter the 6-digit code we sent to your phone number .

By continuing, you agree to our Terms and Privacy Policy.