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5 terms to know about real estate locations
5 terms to know about real estate locations
pleasing newbies in the real estate industry with vocabulary related to various locations
1.PrimeLocation / #PrimeAreas
central location very good quality Popular with investors Because there is often a continuous increase in the value of land, including real estate, such as Thonglor, Silom, Chidlom, and Sukhumvit.
2.CBD (Central Business District)
Central Business District with offices, offices, various companies, leading department stores, hotels, accommodation, medical facilities and a complete transportation system. Both traveling by BTS, MRT, public transportation such as Silom, Sathorn, Ratchaprasong, Ratchadamri, Siam, Asoke
3.NewCBD (New Central Business District)
new CBD That expands the city according to the development of transportation systems such as electric trains such as Rama 9, Ratchada, Lat Phrao Intersection, Bang Sue and Chaeng Watthana.
4.EBD (Extension Business District)
business district extension Near the extension of the electric train line which is a point where there is a high growth opportunity in the future, such as Ramkhamhaeng
5.EEC (Eastern Economic Corridor)
The Eastern Economic Corridor Development Project covers 3 provinces, Chon Buri, Chachoengsao and Rayong, which are areas that are ready for both land and water transportation to become the main industrial area. in the era of Thailand 4.0