There is a lot to love about Chan Road. For starters, it traverses Bangkok’s Sathorn District meaning the central business district is easily accessible. Despite this excellent location, housing prices along Chan Road are currently more affordable than elsewhere in Sathorn.
Chan Road has a lot offer both from a residential and a property investment perspective. Let’s explore the area and learn more about what makes it a Bangkok oasis on the doorstep of the CBD.
Dining delight
Chan Road is home to several renowned restaurants. The sub sois that branch off the main street are filled with countless eateries, a few of which have been in business for decades now.
While not as old as some of its competitors, Hia Hwan is known for serving one of the best fish porridges in all of Bangkok. Those in the mood for Japanese cuisine can stop by Ebisu Shabu or Gyu-Ya Yakiniku and partake in a belt-busting buffet. But this is just the tip of the iceberg. Living on Chan Road is a culinary journey where a new and exciting dish is just around the corner.
Convenient life
Living close to schools, hospitals and shopping centres makes life easier. This is an area where Chan Road shines. Tesco Lotus, Big C, Makro and Robinson can all be found along the street. A new community mall, Vanilla Moon, is also located on Chan Road.
For families, being a short distance from schools and hospitals is a key consideration. The following facilities are either situated on or close to Chan Road:
- Shrewsbury International School Bangkok
- Wat Suthiwararam School
- Phra Mae Maree Sathorn School
- St. Louis Hospital
- Lerdsin Hospital
- Bangkok Christian Hospital
- Charoenkrung Pracharak Hospital
A hop, skip and a jump to the Bangkok CBD
The location of Chan Road is attractive. It’s located on the fringes of Bangkok’s CBD where you’re removed from the hustle and bustle of the offices, but still close enough to get there in no time at all.
There are a number of ways to get around this part of Bangkok with car and public transportation both viable. It’s possible to hop on the BTS skytrain with stations situated along the nearby Sathorn Road. Saphan Taksin and Surasak are the closest BTS stations.
Travelling by car is straightforward as well. Chan Road intersects with Charoen Rat Road that connects to the Si Rat Expressway and several other important avenues such as Rama III Road.
Investment potential
Chan Road is located within the Sathorn-Silom area where rental returns of nearly six percent are achievable. The area also has real demand for rentals with both Thai and foreign residents wanting to be located close to the Bangkok CBD. This means it is possible for property investors to rent out their unit quickly.
In terms of price appreciation, Sathorn is considered to be one of the top performers in terms of residential property. The location lacks new supply and units in modern developments can now command up to THB350,000 per square metre on average. This benefits both investors wanting a stable asset that records price growth and end users who want their home to increase in value.
An exciting new development on Chan Road
Housing prices are climbing ever higher in Sathorn, but it is still possible to find high-quality, affordable condominiums in the Chan Road area. And there are none better than The Cube Urban Sathorn-Chan, a low-rise condominium inspired by English living.
Developer Cube Real Property has styled the project for comfort within a community environment. Located on Soi Chan 51, the condominium has only 135 units to ensure the utmost privacy for residents. The details and designs of The Cube Urban Sathorn-Chan were carefully crafted and use only high-quality materials and products.
For example, interiors come fully furnished with Modernform pieces while bathrooms and kitchens boast Kohlersanitary wares. These world-leading brands enhance the condominium and bring a luxurious touch to each unit. There are also a number of other features at The Cube Urban Sathorn-Chan for residents to enjoy. These include:
- Lobby with co-working space and free wifi
- Smart MUSIC PLAYER with two speaker spots in the residence
- Automated external defibrillator
- Automated delivery cabinet
- Saltwater pool
- Exercise room
- Sauna
- 24-hour security
- Two elevators per building
- Shuttle bus to and from the BTS
The Cube Urban Sathorn-Chan offers a great location that has a high investment potential. It also provides great comfort for everyday life with superb facilities and amenities. The starting price is extremely affordable with units available for only THB2.39 million with a special promotional discount of up to THB150,000 being offered by the developer. The Cube Urban Sathorn-Chan has received EIA approval and is now under construction. The condominium is expected to be completed in 2020.
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