property
On Nut Condo Bangkok: Growth Corridor Investment Guide
On Nut property sales surge 22% after Sukhumvit road expansion. Explore why middle-income buyers are choosing this affordable Bangkok suburb over Ekkamai.
How we reported this
On Nut recorded a 22 percent rise in new condominium units sold during the first half of 2026, driven by the completion of the Sukhumvit Road widening project between Soi 77 and Soi 101.
The upgrades matter now because the Bangkok Metropolitan Administration finished the six-lane expansion and added dedicated bus lanes in March 2026, cutting peak-hour travel times to the city centre by 18 minutes according to the latest traffic data from the Expressway Authority of Thailand. Developers who had held off on new launches are now accelerating projects to meet demand from middle-income buyers priced out of Ekkamai and Phrom Phong.
Two anchors stand out on the ground. The On Nut Community Market at Sukhumvit Soi 77 has seen footfall increase 35 percent since the roadworks ended, while the adjacent On Nut BTS station recorded 1.2 million daily passengers in May 2026, up from 850,000 a year earlier. Further east, the new Phra Khanong Canal walkway completed in April links directly to the market and offers 1.8 kilometres of shaded paths that property agents say are already lifting rents for nearby townhouses by 12 percent.
Price Trends and Buyer Profile
Average asking prices for new condos in On Nut reached 118,000 baht per square metre in June 2026, compared with 97,000 baht in December 2024, according to figures compiled by the agency CBRE Thailand. Studio units under 30 square metres at projects such as The Base Sukhumvit 77 now list from 3.2 million baht, while larger two-bedroom units near the canal walkway start at 6.8 million baht. Foreign buyers, mainly from Singapore and Hong Kong, account for 28 percent of transactions this quarter, with most opting for units within 400 metres of the BTS station.
Buyers should inspect projects that secured building permits before the 2025 height restrictions took effect along the widened road. Those units retain full floor-to-ceiling heights and command an average 8 percent premium over newer, lower-rise competitors. Agents recommend viewing sites during weekday rush hour to confirm actual access times to the On Nut interchange before committing.
This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.