🏁 Formula 1 is Coming to Thailand: What It Means for Bangkok Rentals

Dmitriy Gleyzer
May 25
2 min read

Thailand is set to make global headlines with the Bangkok Grand Prix, expected to debut as part of the Formula 1 calendar in 2028. As a real estate agency specializing in rentals, we’re keeping a close eye on what this means for tenants, landlords, and property investors—especially in Bangkok.

📍 Bangkok Grand Prix 2028: A Game-Changer

In 2025, the Thai government signed a Memorandum of Understanding (MOU) with Formula 1, setting the stage for a street race in downtown Bangkok. This event will transform the city into a high-energy destination for motorsport fans from around the world.

The race is expected to take place at night, winding through Bangkok’s iconic streets with dramatic views of the skyline—similar to Singapore’s popular night circuit.

Credit for image: https://automacha.com/bangkok-in-talks-to-host-street-circuit-f1-grand-prix-in-2028/

🏠 What This Means for the Rental Market

The Formula 1 race won’t just bring fast cars; it’ll bring a surge of tourists, race teams, media professionals, and sponsors—all needing places to stay. Here's how this will affect the rental landscape:

📈 Higher Demand for Short-Term Rentals

Expect a spike in demand for daily, weekly, and monthly rentals near the race route
Properties with good views, easy transport, or access to nightlife will be in especially high demand
Hosts may be able to increase rental rates during race season due to limited availability

🧳 Ideal for Corporate & VIP Guests

Luxury condos, serviced apartments, and penthouses are ideal for executives and sponsors attending the event
Long-stay packages tailored for media crews and support teams will become highly valuable

Credits for the image: https://www.facebook.com/globebangkok

🔑 Best Areas to Watch (and Rent)

These locations are likely to become hot spots for race-related accommodation:

Silom & Sathorn – Close to the business district, with many luxury units
Lumphini & Ratchadamri – Near parks, shopping, and potential track areas
Sukhumvit (Asok–Nana) – Expat favorite with nightlife and MRT/BTS access
Riverside & Rama 3 – Scenic views and growing rental options

🏙️ Opportunity for Landlords

If you own rental properties in central Bangkok, now’s the time to prepare for the tourism boom in 2028:

Upgrade interiors and amenities
Consider flexible leasing for high-season visitors
Use professional management services to handle short-term demand

🔍 Planning to Rent in Bangkok Before the Rush?

At PlacesThailand, we specialize in premium short- and long-term rentals in Bangkok’s best neighborhoods. Whether you're an expat relocating or a visitor planning ahead for 2028, we’ve got you covered.

🎯 Explore our Bangkok rental listings now 📞 Need help choosing a neighborhood? --- Contact our team for expert advice.