In 1892 a merchant named Yom dug a 3.2 km canal from what is now Rama IV Road to the Chao Phraya. He used the spoil to build a road along the bank, divided the neighbouring land into 240 m² plots and sold them to the nobility and to foreigners, a deal regarded as Thailand's first land development for sale. King Chulalongkorn granted him the title Luang Sathorn Ratcha Yut, and the canal and the boulevard still bear his name. After Taksin Bridge opened in 1982 the boulevard was widened, and banks moved their headquarters onto it.
Today Sathorn covers 9.3 km² and has 126 condominium buildings. 1,333 apartments are listed for sale and almost twice as many, 2,425, for rent. Sathorn lives on long-term lets all year, and the typical tenant works in a nearby office or embassy.
✓ Three BTS stations along the boulevard: Chong Nonsi, Saint Louis (opened in 2021) and Surasak
✓ MRT Lumphini station at the north-eastern corner, and a covered walkway from BTS Chong Nonsi to the BRT bus line
✓ Embassies of Germany, the United Kingdom, Singapore, Malaysia, Denmark and seven other countries
✓ The Chao Phraya River to the west: Sathorn Pier, Taksin Bridge and, from upper floors, views of Bang Krachao
✓ Lumphini Park across Rama IV, and One Bangkok, a 16.6-hectare district that opened in 2024 on the same corner
✓ Schools: St Andrews Sathorn for children aged 2 to 11, Raintree kindergarten on Nang Linchi, Saint Louis
✓ Saint Louis Hospital on the boulevard and BNH Hospital on nearby Convent Road
✓ Don Mueang and Suvarnabhumi airports about 23–24 km away as the crow flies
✓ Neighbours: Bang Rak and Silom to the north, Pathum Wan and Khlong Toei to the east, Yan Nawa and Bang Kho Laem to the south
Where to buy in Sathorn
Sathorn Road and the BTS stations
✓ Office towers, embassies and residential high-rises 100 to 800 m from the BTS
✓ Many tenants rent on a company budget
✓ Buyers choose one-bedroom apartments near a station to let
Quiet Sathorn: Suan Phlu and Nang Linchi
✓ Green sois, low-rise buildings and 1990s blocks with generous layouts
✓ New projects such as the 34-storey WIDEN by Sansiri, due for completion in 2028
✓ Buyers choose two- and three-bedroom apartments to live in with a family or to let to families
By the river and along Chan Road
✓ The western and southern parts of the district, along the river and the BRT line
✓ The widest price range in Sathorn: from the Four Seasons riverside residences to Fuse Chan with 1,227 apartments
✓ Buyers choose studios and one-bedroom apartments, the most affordable way into Sathorn
Sathorn property prices
Listings in the district are condominium apartments, in buildings under construction and in completed ones. Prices are in Thai baht (฿), with US dollar and euro equivalents for guidance.
New developments
A 45 m² one-bedroom apartment in a building under construction starts from ฿9.2M (USD 273K / EUR 244K), and new-build prices run from ฿192,000 to ฿215,000 per m² (USD 5,690–6,370 / EUR 5,090–5,690). Buying off-plan in Sathorn suits buyers who can wait for the keys until 2028: the developer raises the launch price as the building goes up.
Resale apartments
Completed studios and one-bedroom apartments in buildings from 2008 to 2018 start from ฿2.2M (USD 65.2K / EUR 58.3K). The district median is ฿12.2M (USD 362K / EUR 323K) per apartment and ฿190,000 per m² (USD 5,630 / EUR 5,030). On average a studio costs ฿4.05M (USD 120K / EUR 107K), a one-bedroom ฿9.23M (USD 274K / EUR 244K), a two-bedroom ฿19.7M (USD 584K / EUR 522K) and a three-bedroom ฿41.9M (USD 1.24M / EUR 1.11M).
The riverside residences pull the median up: apartments there cost ฿30M to ฿250M (USD 0.89M–7.41M / EUR 0.79M–6.62M). An average resale square metre in Bangkok costs about ฿104,000 (USD 3,080 / EUR 2,750), so Sathorn is more than 1.8 times as expensive: the business district, the embassies and the Chao Phraya riverfront all come together in one district.
Rental yield in Sathorn
The median rent in the district is ฿38,300 a month (USD 1,135 / EUR 1,014), or ฿575 per m². A studio lets for an average of ฿17,000 (USD 504 / EUR 450), a one-bedroom for ฿31,500 (USD 933 / EUR 834), a two-bedroom for ฿70,300 (USD 2,083 / EUR 1,862) and a three-bedroom for ฿120,000 (USD 3,556 / EUR 3,178). Tenants sign for a year or longer.
Here, investment in Bangkok property is about long-term lets. At average rents, studios return a gross yield of about 5% a year and one- and two-bedroom apartments about 4%, with larger apartments lower. Your net return depends on the route to the station, the age of the building, the furniture, the service charge and the sinking fund. We do not promise guaranteed returns; we run the figures for the apartment you choose before you reserve. Property values can fall as well as rise.
Can a foreigner buy an apartment in Sathorn?
Yes. A foreign buyer registers the apartment as freehold: ownership with no time limit, which you can sell and pass to your heirs, as long as the building still has room within its 49% foreign quota. Once the quota has been sold, the apartment is registered as leasehold at the Land Department.
On the Sathorn resale market some apartments are held under the Thai quota. Such an apartment can pass to a foreign buyer as freehold only if the building still has quota available, and we ask the building's management for the status before you reserve.
What to check before you buy
✓ Available foreign quota in the building and the status of the apartment you want
✓ The year of construction and the balance of the sinking fund: some towers in the district date from 1995–1998
✓ That the seller has no service charge arrears
✓ For new developments: the developer's registration with the Department of Business Development (DBD), the building permit and an approved Environmental Impact Assessment (EIA)
✓ The real route to the BTS, MRT or BRT: from Soi Nang Linchi to the Skytrain it is more than 2.5 km
How the purchase works
You reserve with a deposit. Then come legal due diligence on the project and the quota, a sale and purchase agreement (SPA) with a payment schedule, and the transfer of funds: an international SWIFT payment in foreign currency to the developer's account, or to the seller's personal account if you take over an off-plan apartment from its first buyer. For freehold, the Thai bank issues the Foreign Exchange Transaction form (FET, Thor Tor 3). Registration at the Land Department and handover of the keys complete the purchase.
Why KVARIS
We shortlist apartments to match your goals and budget, check the developer, the quota and the documents, handle the purchase with a lawyer and hand the apartment over to a management company. We work directly with Sansiri and can show you off-market listings and off-plan resales in Sathorn. Our team works in eight languages.
Tell us your budget and what you want the apartment for, and we will put together a Sathorn shortlist.