Increase In Demand Expected Along Taopoon-Bang Sue District

Industry

An increasing number of families opt to send their children to Bangkok international school because Thailand is rapidly becoming a hub for international education. The choice of school is an important decision for parents because the school will develop their children’s motivation and interests towards a certain field of study. Educators have a better understanding of children’s skills and abilities.

Many infrastructure projects are now gaining traction in Bangkok but the most impactful will be Bang Sue Grand Central Station that will most likely be the largest railway station is Southeast Asia. The project that will replace the current transport hub at Hua Lamphong will redevelop the existing Bang Sue Junction Railway Station while integrating the MRT at Bang Sue.

The project which is under construction is expected to be completed in 2020. This will trigger an inrush of transit-oriented developments in the adjacent areas particularly in Bangkok’s formerly sleepy Taopoon district.

After the completion of Bang Sue Grand Central Station, and the railway systems, there will be an increase in demand for real estate as consumers migrate to the Taopoon-Bang Sue area. The land that is surrounding the station has been divided into zones to attract new businesses and opportunities for future growth.

It is expected that Taopoon district will experience more traffic from residential and commercial usage. Land prices have been steadily growing in the district because of the potential for growth that can be achieved upon the completion of the central station.

At the Taopoon-Bang Sue area, about 30,200 condominium units have been added from 2009 to the fourth quarter of 2017. The homes have recorded an accumulated take-up rate of 90%. The Bang Sue Grand Central Station is also being developed into a Smart City that will be equipped with digital and energy-related infrastructures that will improve the life of Bangkok residents.

As more and more projects are undertaken by the government, you can also expect an increase in the number of international schools. It is very likely for children of expatriates to be enrolled in Bangkok international school because the medium of instruction is in English with a curriculum that is almost similar to their mother countries.