Why Expats Prefer To Stay In Sukhumvit Serviced Apartments

Many business travellers who are planning for a long term stay in Bangkok prefer the serviced apartment near BTS because it more convenient in terms of travel, leisure and business. Compared to hotel rooms, serviced apartments are more spacious with a comfortable sofa, dining table, washer and drier and TV entertainment centre. Of course, there is internet connectivity.

In Bangkok, many investors prefer to buy condominiums so that they can rent them out and gain a steady income. The investment comes with a hope that in the future there will be an increase in the value of the property. However, it is not easy to get long term residential tenants. The investor needs to understand the needs of tenants and determine who they are, where they want to rent, what they expect and how much rent they are willing to pay.

In Bangkok’s residential rental market, there are high end tenants composed of working expatriates and low end tenants with budgets that are below 10,000 baht per month. They cannot afford to buy a condo unit but they need a short term accommodation. An example is students who will only stay for the duration of their education.

Over the last 3 decades, expatriates have shown a strong preference to live in a few Bangkok districts. The most popular is Sukhumvit between Soi1 and 63 although Lumpini and other parts of Sathron area have their share of expats. Sukhumvit area is popular because it is near the BTS Skytrain, shopping malls, hospitals, international schools and a wide range of restaurants.

Choice of accommodation varies from renting an apartment, a condominium unit or a serviced apartment that is run like a hotel. Majority of expats who prefer serviced apartments are single occupiers who opt for a studio or a one-bedroom unit. Families generally prefer the 2-bedroom or 3-bedroom rental units.

It is easy for serviced apartment near BTS to attract tenants because of the convenient location. Other factors that can influence a decision include size, design, specifications and other features that maximize its appeal. Floor-to-ceiling windows that allow natural light with an outstanding view add an extra dimension of class and sophistication.