buy condo Silom

Is Silom Still Worth Investing In? A New Chapter for an Old Business District

Silom was once the symbol of corporate life in Bangkok—suits, leather briefcases, and 9-to-5 routines. Today, the narrative has shifted. Silom has evolved into a dynamic hybrid of work-life-play, attracting not only professionals who want to work from home in the city center but also those dreaming of an early, comfortable retirement.

According to the Real Estate Information Center (REIC), condo prices in the Silom area have grown by an average of 4–6% annually over the past five years. This resilience, despite fluctuations in the broader market, speaks volumes about Silom’s ability to withstand economic turbulence.

A new wave is taking over the district. Old office buildings are being renovated, and while the scent of business still lingers, it now blends with the aroma of third-wave coffee. The phrase “condos for sale in Silom” is more than just a Google search—it’s a signal that money is moving and assets are changing hands wisely.

If you're considering investing or selling a property in this neighborhood, Connex’s in-depth analysis below may just change the way you look at Silom forever.

Understanding the Silom Hotspots – Know the Area, Maximize the Return

Silom is more than just a historic road in central Bangkok. It's a hub that seamlessly connects urban living and opportunity. At first glance, it may appear to be all skyscrapers, traffic, and busy pedestrians. But a deeper look into each subzone—from leafy Sala Daeng near Lumpini Park and premium hospitals, to Narathiwat that links to Sathorn and Charoenkrung, and Suriwong that retains the charm of old Silom—reveals a rhythm unique to each pocket.

Understanding these rhythms is key to both smart investments and comfortable city living. Silom isn’t a flat real estate landscape—it’s rich with textures and layers of potential:

Upper Silom (BTS Sala Daeng area)
High-end luxury condos like Saladaeng One and The Sukhothai Residences

• Target renters: Foreign executives, particularly Japanese and Europeans

• Average rent: ฿45,000 – ฿90,000/month

• Occupancy rate: Over 90%, even during the pandemic (Source: CBRE, 2024)

Mid-Silom (Convent to Thaniya)
The intersection of work and lifestyle

• Target renters: Digital nomads, tech professionals, creatives

• Average rent: ฿25,000 – ฿40,000/month

• Fastest-moving rental zone in 2024 (Connex Data)

Lower Silom (MRT Silom – Rama IV)
Near Lumpini Park and BNH Hospital

• Target renters: Retired executives, professionals seeking tranquility

• Average rent: ฿30,000 – ฿60,000/month

Silom Offers Variety – Not Just High-End Condos

Silom isn’t just a playground for the ultra-rich. While many associate the area with eight-figure luxury condos, reality tells a different story. Silom offers a wide range of options—from affordable mid-range properties to trendy Gen Z developments with smart layouts and urban charm. In this seasoned yet evolving neighborhood, smart buyers can live in the city center without breaking the bank.

Luxury Segment
Ashton Chula-Silom, The Address Sathorn

• Popular with C-Level expats and foreign investors

Mid-range Condos
Silom Suite, The Room Sala Daeng

• Avg. price: ฿6–9 million

• Rental income: ฿28,000 – ฿38,000/month

New-Gen Condos
The Lofts Silom – Industrial loft design appealing to creatives and tech startups

• Most units rented within 30 days of listing (Connex Internal Report)

Silom: More Convenient Than Sukhumvit – But Truly Central

Sukhumvit may be the dream address for many, but when it comes to true centrality, Silom delivers without compromise. Whether it’s transport, proximity to job hubs, walkability, or community feel, Silom hits the sweet spot. Residents enjoy direct BTS and MRT access, quick connections to expressways, and a lifestyle balance that’s hard to match.

• Transit: Interchange of BTS and MRT – no long walks needed

• Expressways: Srirat, Rama IV, and Narathiwat – ideal for business travelers

• Parks: Walk to Lumpini Park – a rare perk not available in most downtown areas

• Shopping:

  • Silom Complex – BTS-connected mall with retail and dining

  • CentralWorld / Siam Paragon – 10 mins via BTS

  • The Market Bangkok, Big C Ratchadamri – convenient for everyday needs

  • Tops Market Silom – inside Silom Complex

• Dining & Cafés:

  • Eat Me – Award-winning modern fusion

  • La Table de Tee – Cozy French fine dining

  • Charmgang Curry Shop – Premium street-style Thai

  • Scarlett Wine Bar – Romantic rooftop

  • Rocket Coffeebar – Design-forward café for creatives

• International Schools:

  • St. Andrews Sathorn – Near BTS Surasak

  • Shrewsbury City Campus – Premium British school by the river

  • Bangkok Christian College (Bilingual) – Renowned boys’ school with bilingual program

  • ISB Shuttle Service – Routes from Silom to top schools outside the city center

• Hospitals:

  • Bangkok Christian Hospital – General and internal medicine, central location

  • BNH Hospital – Premium private care, popular with expats

  • Saint Louis Hospital – Accessible and specialized services

  • King Chulalongkorn Memorial Hospital – One of Thailand’s top public hospitals

Premium Lifestyle at Reachable Prices (If You Know What to Look For)

A great condo isn’t defined by sky-high towers or eight-figure price tags. It’s about design, smart space usage, and efficient amenities. In Silom, many developments now offer boutique privacy, walkability, and clever layouts that deliver more than their square footage suggests. “Premium” today is less about price and more about intelligent choices.

New projects often include:

• Co-working spaces

• Rooftop bars

• Screening rooms

• BBQ decks

Walking distance to:

• Silom Complex

• BNH Hospital

• Top Supermarket

Nearby international schools:

• St. Andrews, Shrewsbury

Proximity to hospitals and international schools tends to increase condo resale value by 10–15% (Source: Knight Frank Thailand)

Rental Strategy: Don’t Guess – Analyze

Leasing out a Silom condo isn’t a gamble—it’s a strategic decision based on data. Tenants vary: expats in multinational companies, medical professionals from top hospitals, or senior execs who value time savings over long commutes.

To lease successfully, ask:

• Who is the ideal tenant?

• What room size fits their lifestyle?

• What amenities are essential?

• What’s the current market rent and yield?

Key Investment Factors:

• Location: Close to BTS/MRT = fast turnover

• Amenities: Fast Wi-Fi, top-tier gym, 24/7 security

• Tenant Types:

  • Japanese expats: Value peace, cleanliness, management quality

  • International students: Seek trendy design, walkability to uni, cafés

  • Digital nomads: Look for co-working spaces and MRT access

Silom’s Condo Market Is Rebounding with Style

After a lull during COVID, Silom’s condo scene is reviving with thoughtful momentum. Offices are reopening, expats are returning, and central living is once again in demand—this time with a focus on quality and value. New projects are gradually increasing in price, while older ones see a comeback in the resale market.

Key drivers of this trend:

• New Mixed-Use Projects: Silom Edge, One City Centre

• Revamped Buildings: United Center, Jewelry Trade Center

• Rising Industries: Fintech, startups, creative tech

These tenant groups are willing to “pay more for the right fit”—typically 15–20% above market average (Data: Colliers Thailand, 2024)

Bottom Line: Is Silom Still Worth It?

Silom isn’t just the geographic center of Bangkok—it’s the beating heart of long-term lifestyle and investment potential. Its blend of accessibility, job opportunities, healthcare, education, and premium urban living makes it more than a place to stay—it’s a future-proof investment in quality of life.

You don’t need the priciest unit to make a smart move here. Just dig deep, understand the market, and pick the right project for your goals.

In short: Absolutely worth it.

Because this isn’t just about “location”—it’s about the future direction of a district shifting from “old business hub” to “the next urban lifestyle capital.”

Ideal for investors who:

• Want premium tenants with high spending power

• Seek consistent rental yields in a trend-proof zone

• Are looking for irreplaceable downtown assets

Want to know which Silom condos are hot right now? Or already own one and don’t want to hire a broker?

Connex has you covered – all in one platform
👉 Click here to explore now at www.connex.in.th