Factors affecting the price of penthouses in Bangkok
The price of a penthouse in Bangkok depends on a combination of factors, which makes the price of each unit vary greatly. What are the main factors that affect the price of a penthouse? Let's find out in this article.
1. Location
- Penthouses in Bangkok are usually located in the city center, such as Silom, Sathorn or Sukhumvit, which tend to be more expensive than other locations because they are prime locations with convenient transportation and access to various facilities.
- Penthouses with views of the Chao Phraya River or high-rise buildings in the city center tend to be more expensive because these views are rare and beautiful.
- Penthouses in Bangkok that are near BTS or MRT stations will be more expensive because the convenience of transportation makes penthouses in high demand.
2. Size and number of rooms
- Usable area: Penthouses with more usable area will be more expensive than penthouses with less area because they require a lot of space, making them more expensive.
- Number of rooms: Penthouses with more bedrooms and bathrooms will be more expensive.
- High ceilings: Penthouses with high ceilings make them feel airy and are usually more expensive and in high demand.
3. Project facilities
Penthouses in Bangkok tend to have a variety of facilities to facilitate residents so that they do not have to go out to use other services. Each place may have different facilities. The facilities are as follows:
- Private swimming pool or large swimming pool on the rooftop will add value to the penthouse.
- Modern and complete fitness center
- Large communal garden and relaxation area
- Modern and strict security system
4. Materials and decorations
- High quality construction materials such as real teak, marble will increase the price of the penthouse.
- Luxurious interior decoration and use of high quality materials such as branded furniture will also affect the price.
- Modern lighting and sound systems will add comfort and luxury to the penthouse.
5. Economic conditions
- Supply and demand: When the demand for penthouses is high but the supply is limited, the price will increase.
- Interest rate: Low interest rate will encourage people to buy penthouses and push the price up.
The price of a penthouse in Bangkok will vary depending on several factors such as location, materials used in construction, amenities, size of the penthouse and market demand. If you are interested in penthouses in Bangkok, you can search at https://bangkokresidential.com/