Ratchadaphisek Road, or more commonly known as Ratchada by locals in Bangkok and expats alike is in the northern part of Bangkok city center. More than 5 years ago this area of Bangkok was not popular with expats looking for condos or apartments in which to live.
In August 2005 the MRTA opened up the first underground train line in Thailand. This Bangkok subway system opened up the Ratchada area to expats and locals who wanted to live in the Ratchada area, and yet still continue to work in Bangkok city center. So since 2005 there has been a rush to open as many condos and apartments in this area of Bangkok.
The advantage of living in this area is that the cost of living is lower than living in an apartment in Sukhumvit or a Silom condo for example. So what are the costs and what is the quality on offer?
Well like with many districts in Bangkok, Ratchada has a range of apartments and condos. Due to the rarity of A grade condos in Ratchada the cost to rent them is not much different to those on Sukhumvit for a Grade B or condo. The cost would be about THB 500/sqm/month and so would be at a discount to such a property on Sukhumvit where prices can be around THB 700 – 800/sqm/month.
With an infinity style pool, large fitness studio and gymnasium and the landscaped garden areas this is a tropical paradise in the heart of Bangkok.
Of course most people want to live Ratchadaphisek to save money and so they want their condo in Ratchada to be less expensive and better value. However they still want quality and style and the convenience of the MRT stations.
Many of the people who live around Ratchada are teachers working at one of the many International Schools in the area. These expats are often looking for a great value apartment in Ratchada, again with not only easy access to an MRT station, but also many convenient places to eat locally.
One such apartment block in the Ratchada area is Sitara Place, with well maintained and very clean Studio apartments. And within walking distance of the Rama 9 MRT station. Close to the Rama 9 junction and expressway, and a short walk from Fortune Town shopping centre.
The Studios in Sitara Place start at just THB 10 500/month and offer a large living space at 40sqm. Also with amenities such as UBC, WiFi and cooking appliances included these really are great value Bangkok apartments.