# Property in Ari and Phaya Thai, Bangkok Source: https://www.thailandpropertyinvestor.com/areas/bangkok/ari Updated: 2026-11-14 Publisher: Thailand Property Investor (Omnia Capital Group) Ari, in Phaya Thai district, is a residential neighbourhood around BTS Ari, three stops north of the Airport Rail Link at Phaya Thai. New stock is scarce: the Q4 2025 launch here asked THB 174,000 per sqm, against a midtown and suburban average of THB 106,437. It suits owner-occupiers and lets to professionals who work along the line. ## Key facts - Airport: about 45 minutes to Suvarnabhumi (BKK) - Coast: Inland - Coordinates (longitude, latitude): 100.544, 13.779 - Best for: Owner-occupiers who want a neighbourhood rather than a tower district; Lets to Thai and foreign professionals who commute on the BTS; Buyers who want hospitals and a station within walking distance; Buyers who want the BTS at land prices below Sukhumvit Ari suits a buyer who wants to live in a neighbourhood rather than a tower district, and who is content to be five BTS stops north of Siam instead of on Sukhumvit. It sits in Phaya Thai district, around Ari station on Phahonyothin Road. New condominiums are scarce and priced well above the midtown average: the Q4 2025 launch here averaged THB 174,000 per sqm. It suits owner-occupiers, and landlords letting to professionals who work along the line. ## What it is like to live there Exit 3 of Ari station opens onto Soi Ari, the start of a grid of residential sois off Phahonyothin Road. Daily life runs on foot: cafés and small restaurants in the sois, a wet market, and the market behind the Ministry of Finance. The ministry and the NBTC, the broadcasting and telecoms regulator, give the district a weekday working population. La Villa mall sits at the station. Medical care is close: Phyathai 2 Hospital is on Phahonyothin Road by Sanam Pao station, Vichaiyut Hospital is to the west and Vimut Hospital is near Saphan Khwai. Chatuchak Park and the weekend market beside it are two stops north at Mo Chit. ## The property on offer and what it costs The stock is condominiums: towers on Phahonyothin Road and smaller buildings in the sois. A foreigner can own a unit freehold within the building's 49% [foreign quota](https://www.thailandpropertyinvestor.com/guides/condominium-foreign-quota). | Measure | Figure | | --- | --- | | Refyne Ari-Ratchakru, 36 units, launched Q4 2025 | THB 174,000 per sqm | | Off-plan and under-construction average, midtown and suburban Bangkok, Q4 2025 | THB 106,437 per sqm | | Land asking price, Phaya Thai, October 2025 | About THB 1.8 million per square wah | | Land asking price, Sukhumvit-Asok, October 2025 | About THB 2.55 million per square wah | Land explains the gap with Sukhumvit. Phaya Thai land is level with Ekkamai and about 30% below Asok. Older buildings vary widely, so judge each one on its own recent transfers, its [sinking fund](https://www.thailandpropertyinvestor.com/glossary/sinking-fund) and its upkeep. Before paying a deposit, read [title deeds and due diligence](https://www.thailandpropertyinvestor.com/guides/title-deeds-and-due-diligence) and [property taxes and buying costs](https://www.thailandpropertyinvestor.com/guides/property-taxes-and-buying-costs). ## Who buys and why Ari is bought mainly to live in. Thai owner-occupiers are joined by foreign residents who already know Bangkok and want walkable sois, a station and hospitals close by, at land prices below Sukhumvit. Small buildings mean the foreign allocation can run to a handful of units. ## Rental demand Tenants are people who work along the line: at the Ministry of Finance, the NBTC and the hospitals of the district, and in the offices around Victory Monument and Siam a few stops south. The expatriate pool is smaller than Sukhumvit's, which holds 65% of downtown serviced apartments, so a unit here lets on location and condition rather than on an international address. Test real lets in the building with the [rental yield calculator](https://www.thailandpropertyinvestor.com/tools/rental-yield-calculator), and read [rental yields in Thailand](https://www.thailandpropertyinvestor.com/guides/rental-yields-in-thailand) for the deductions. ## Getting there and around Ari is station N5 on the BTS Sukhumvit Line, three stops north of Phaya Thai. From there the Airport Rail Link runs 28.6 km to Suvarnabhumi (BKK) in 27 minutes, and the whole journey takes about 55 minutes. A taxi covers about 35 km in 45 to 60 minutes. Mo Chit, two stops north, connects to the MRT Blue Line at Chatuchak Park. More in [flights and getting around](https://www.thailandpropertyinvestor.com/living/flights-and-getting-around). ## What to watch for The constraint is choice. New construction is priced by boutique schemes, and an older unit needs price evidence from its own building. Along the Phahonyothin and Vibhavadi corridor, 1,897 units were completed in Q4 2025, which adds competition for tenants. For a newer office district on the MRT, compare [Rama 9 and Ratchada](https://www.thailandpropertyinvestor.com/areas/bangkok/rama-9). For the deepest expatriate letting market, see [Sukhumvit](https://www.thailandpropertyinvestor.com/areas/bangkok/sukhumvit) and the wider [Bangkok overview](https://www.thailandpropertyinvestor.com/areas/bangkok). ## What to weigh - New-build choice is thin. The Q4 2025 Ari launch, Refyne Ari-Ratchakru, had 36 units at an average THB 174,000 per sqm, so new stock is priced by small boutique schemes. - Supply is building along the same corridor. 1,897 units were completed in the Phahonyothin and Vibhavadi area in Q4 2025 alone, 24.7% of all midtown and suburban completions that quarter. - Units facing Phahonyothin Road take the noise of the main road and the elevated BTS. The quieter sois are a longer walk from the station. - The large international schools are across the city, such as NIST on Sukhumvit Soi 15 and Bangkok Patana in Bang Na. Time the school run before buying a family home here. ## Questions ### How much does a condominium in Ari cost? The most recent Ari launch, Refyne Ari-Ratchakru in Q4 2025, averaged THB 174,000 per sqm. Off-plan and under-construction units across midtown and suburban Bangkok asked an average of THB 106,437 per sqm in the same quarter. For an older building, ask for recent transfers in that building before agreeing a price. ### How do I get from Ari to Suvarnabhumi Airport? Take the BTS three stops south to Phaya Thai, where the Airport Rail Link takes 27 minutes to the airport. Allow about 55 minutes for the whole journey, including the change. A taxi covers about 35 km and takes 45 to 60 minutes. ### Is Ari a good place for families? It has private hospitals close by, including Phyathai 2 on Phahonyothin Road and Vimut near Saphan Khwai, and Chatuchak Park is two stops north. The main international schools are in other districts, so plan the school run first. ### Can a foreigner buy a condominium in Ari? Yes, freehold, within the building's 49% foreign quota and with funds sent from abroad in foreign currency. In a small building, such as the 36-unit Refyne Ari-Ratchakru, 49% is only a handful of units, so ask the juristic office for a quota letter early. ## Sources - [Cushman & Wakefield, Bangkok Condominium MarketBeat Q4 2025](https://assets.cushmanwakefield.com/-/media/cw/marketbeat-pdfs/2025/q4/apac-and-gc/bangkok-condo-mb-4q2025_final.pdf) - [CBRE Thailand, Bangkok Overall Figures Q4 2025](https://mktgdocs.cbre.com/2299/d71d2d8a-9f0a-4633-bc8b-85f477be22bc-1543008243/Bangkok-Overall-Figures-Q4-202.pdf) - [The Nation, Colliers on Bangkok land prices (22 October 2025)](https://www.nationthailand.com/business/property/40057148) - [Wikipedia, Airport Rail Link (Bangkok)](https://en.wikipedia.org/wiki/Airport_Rail_Link_(Bangkok)) - [Wikipedia, BTS Sukhumvit Line stations](https://en.wikipedia.org/wiki/Sukhumvit_line) - [BangkokShift, Ari area guide (getting there from Suvarnabhumi)](https://www.bangkokshift.com/ari/) - [Taxi.asia, Suvarnabhumi Airport to Ari distance and time](https://taxi.asia/airport/bangkok-suvarnabhumi/to-ari/) - [OpenStreetMap, place coordinates](https://www.openstreetmap.org/)