After pandemic restrictions were lifted, a second wave of overseas real estate investment took off last year, with “Thai real estate” topping the search rankings. Many celebrities and influencers have also flocked to Bangkok, Thailand, to check it out for themselves. IVAN Zheng Yan-cheng, Executive Director of “New Lianjie International Real Estate,” who has been in the Thai real estate industry for many years, noted that property management services doubled during the pandemic. Originally, the company had only one service location in Bangkok’s Asoke district, but due to the recent surge in demand from Taiwanese clients, the company has opened an office in Taipei to provide Taiwanese clients with faster and more convenient service, allowing them to collect rent with peace of mind right from Taiwan.
Zheng Yancheng explained that in Thailand, it used to be possible to purchase a modest home for 3 to 5 million New Taiwan dollars, but since late last year, political risks across the Taiwan Strait have prompted many high-net-worth Taiwanese individuals to diversify their risks by seeking properties in Bangkok for their own use, which has driven up prices for luxury homes in Bangkok. However, compared to luxury properties in Taiwan, real estate prices in Thailand remain quite affordable.
For example, in Bangkok, for less than 10 million New Taiwan dollars, you can purchase a luxury home in prime locations such as Taipei’s Da’an District or Xinyi District. Developed jointly by Noble Real Estate—a publicly listed Thai developer—and Hong Kong Land (part of the century-old British-based Jardine Matheson Group), the iconic project *The Embassy Wireless* has already surpassed 2.5 billion Thai baht in sales during its pre-launch phase. Major buyers come from Taiwan, Myanmar, Hong Kong, and Singapore, among other international markets. In fact, Taiwanese buyers ranked among the top purchasers of Thai real estate last year.
The property is located in the prime area of Wireless Road, which boasts the highest land prices in Bangkok. It is just a 5-minute walk from the BTS Phloen Chit Station, and are within walking distance of Central World’s Four-Faced Buddha—a must-visit for tourists—as well as the upscale Central Embassy shopping mall and this year’s hottest luxury department store, Gaysorn Amarin (which grandly opened this past March), and Bangkok’s newest Instagram-worthy landmark, Louis Vuitton The Place Bangkok.
This area is a hub for international brands and political and business elites in Bangkok. For example, the Thai Embassy district is home to the embassies of Switzerland, the United States, Japan, Australia, the Netherlands, Vietnam, New Zealand, Bulgaria, Colombia, Guatemala, South Africa, and others. The surrounding area is home to five-star hotels, Grade A office buildings, high-end luxury shopping malls, and consulates from numerous countries. It is truly the heart of Bangkok—one of Thailand’s most expensive locations!
In 2018, Hong Kong Land (Jardine Matheson Group) formed a joint venture with Central Group and purchased this prime property—the site of the British Embassy in Thailand—for a record-breaking price of nearly $600 million. purchased this prime plot of land—the site of the British Embassy in Thailand—for nearly $600 million, marking the highest-value land transaction in Thai history. Construction is currently underway on the Central Embassy Extension, which consists of two 43-story super-Grade-A office towers, with a six-story shopping center occupying the lower levels of the office buildings.
Central Chilom, Central Embassy, and Gaysorn Amarin form a "golden triangle," and 【THE EMBASSY WIRELESS】 is located directly across from this area. It is scheduled to be completed simultaneously by the end of 2027, with its value expected to rise at an astonishing rate and with unlimited potential.
Investing in Thai real estate requires the guidance of professionals. If you don’t speak the language or can’t read Thai, it’s essential to find professionals who specialize in this field—only they have the capability to handle all matters in Thailand and answer any questions that arise. Most importantly, it is essential to have a strong, professional service team. New Union Thailand Real Estate’s philosophy is: “The New Union team treats every client’s investment with the utmost care and dedication.”
"New Lianjie Thailand Real Estate" offers property sales, resale homes, rental management, property management, renovation services, Thai company formation, and commercial real estate—all with truly localized service. If you have any questions regarding Thai real estate, please feel free to contact "New Lianjie Thailand Real Estate."
New Lianjie Thailand Real Estate Website:https://nvtproperty.com/about/
