“Rama 9” has been a rapidly developing area from the past to the present, especially with the growth of the population and the continuous expansion of the business sector. This transformation has turned Rama 9 into a new business hub, or New CBD. A key factor driving this rapid development is the influx of office buildings and shopping centers, such as CentralPlaza Grand Rama 9, B+ to A grade office buildings like AIA Capital Center, Unilever Headquarters, and The Ninth Tower, which emerged in 2014, coinciding with a shortage of rental office supply.

            From 2011 to 2017, private investment in the Rama 9 area has exceeded 1 million square meters in the form of shopping centers and office buildings. Just at the Rama 9 station alone, there is approximately 320,000 square meters of rental office supply within just six years.

            According to Colliers International Thailand, the occupancy rate of office buildings in the Ratchada-Rama 9 area is as high as 90%, nearly comparable to Silom-Sathorn, which has an occupancy rate of about 95%. If we estimate the number of personnel based on this 90% occupancy rate, it amounts to over 28,000 people. Once the Super Tower is completed, the number of personnel in the area is expected to increase to around 57,000.

“Rama 9: A Major Employment Hub, Easily Accessible, Catering to Every Urban Lifestyle”

         The area’s highlights as a major employment hub are surrounded by various amenities, and it boasts excellent transportation options. The road network in Rama 9 connects to several major routes, such as Sukhumvit, Asoke, Din Daeng, Rama 9, and Vibhavadi Rangsit.

            Additionally, the MRT Blue Line enhances urban travel convenience, allowing connections to the BTS Green Line to access other business districts in Bangkok, such as Silom-Sathorn, early Sukhumvit, Siam, Phahonyothin, and Ari within 45 minutes. The Airport Link also connects to Suvarnabhumi Airport, and in the future, it will link to the Orange Line from the Cultural Center to Min Buri at the Cultural Center station.

            The number of users of the MRT Blue Line, particularly at the Rama 9 station, is also noteworthy. Traffic statistics from 2015 show that the number of users at Rama 9 station was 8.7 million per year, averaging about 24,000 per day (in 2015), ranking second after Sukhumvit station, which had the highest usage at 13 million per year, averaging about 37,500 per day (in 2015).

            After the connection between the Blue Line and the Purple Line at Tao Poon station, the number of users of the Blue Line at Rama 9 station is expected to increase by another 50%, estimating the daily users to be nearly 36,000.

            It is evident that traveling by the MRT Blue Line is very convenient, allowing Rama 9 to confidently rise as a New CBD, as it provides easy access to all key locations in Bangkok.

A Prime Location for High Return Investments

            Regarding the investment potential of condos in the Rama 9 area, it is suitable for both personal residence and rental investment. The occupancy rate in this area is nearly 100% throughout the year. A survey by the TerraBKK Research team found that rental listings in the past 1-2 months had less than 10% vacancy, especially for projects near Rama 9 intersection (on Rama 9 Road) within a 500-meter radius, which are highly sought after by tenants. Rental units are quickly leased without long waiting times, fetching prices of 500-700 baht per square meter. For a 1-bedroom unit, the rental price can range from 18,000 to 22,000 baht per month (depending on the unit's location).

            Currently, many new condominiums have emerged in the Rama 9 area, with over 10 projects. The most popular locations are likely to be near the MRT Rama 9 station, as within a 3-kilometer radius from the station, there are workplaces, shopping centers, exhibition centers, logistics, hospitals, educational institutions, and importantly, this area has consumers with an average income of 75,000-120,000 baht per month.

“Knightsbridge Space Rama 9”: A Condo Redefining Development with the “Duo Space” Concept

            Today, TerraBKK will explore a new condominium set to open in this area, “Knightsbridge Space Rama 9”, a luxury condo from Origin Property, promoting the “Duo Space” concept, featuring 4.2-meter high ceilings in every unit, enhancing usable space and creating a new dimension of living for consumers in the Rama 9 area.

            The “Knightsbridge Space Rama 9” project is located on Din Daeng Road, approximately 350 meters from the MRT Rama 9 station, consisting of a single 27-story building with a total of 325 units on a 2-rai plot, with a project value of 2.38 billion baht.

            This project is designed under the concept of Hidden Gems, likening it to light shining from darkness, with countless sparkling lights creating a fluid connection of space, akin to stars or gems on the ground, shining continuously without end.

            The main selling point of the project, under the Knightsbridge Space brand, is the development concept of “Duo Space”, which consists of four main components:

1. Vertical Space maximizes vertical usable space, such as above the kitchen and shower area, which can be used for storage.

2. Value Space ensures that every usable area within the room is practical and valuable.

3. More Space increases the size of common areas, recreational spaces, and social gathering spots.

4. Flow Space connects indoor and outdoor areas through designs that feature high ceilings, creating Double Space and Triple Space.

            With the “Duo Space” development, every unit in the “Knightsbridge Space Rama 9” project is designed to have usable space with a ceiling height of 4.2 meters, enhancing the lower space at the entrance, kitchen, and bathroom to feel open and airy, connecting the lower and upper spaces with furniture designed as stairs and storage areas.

            The upper level will feature the sleeping area and Walk-In Closet, connected by a glass partition that is beautiful, strong, and durable. Importantly, the space near the window in the living room will feature Double Volume high glass to enhance the views for residents.

The design of “Duo Space” will significantly increase usable space, breaking away from traditional constraints and creating a new dimension of living for residents in the New CBD zone of Rama 9. Previously, most projects in this area had limited usable space, making the supply of Duo Space units in the market scarce.

Thus, “Knightsbridge Space Rama 9” will be a project that enhances new supply using the “Duo Space” design to increase usable space, establishing a unique identity in the market that better meets the urban lifestyle needs.

            The entire project will consist of DUO SPACE 1-2 bedroom units, ranging from 23-57 square meters, with prices starting at 4.69 million baht.

Type of Unit  

  • 1 Bedroom 23-24.4 Sqm
  • 1 Bedroom 27.4-28.6 Sqm
  • 1 Bedroom 31.9-33.1 Sqm
  • 1 Bedroom 33.4-42.4 Sqm
  • 2 Bedroom 57.4 Sqm        

Project Amenities

GROUND FL.

  • Grand Lobby
  • Business Lounge
  • Craft Café & Working Space
  • Secret Garden
  • Hidden Backyard Garden
  • EV Charger

HIGH ZONE

  • Private Sky Terrace & Garden
  • Sky Sunset Pool Terrace & Garden
  • Sky Infinity Lap Pool
  • Sky Sunrise Onsen (Separate Male & Female)
  • Sky Yoga & Zumba
  • Sky Panoramic Social Fitness Club
  • Dusk & Dawn Sky Terrace
  • Horizon Rooftop Lounge
  • Auto Parking 52%

            The amenities of this project offer a variety of styles for residents to choose from, blending nature from the lower gardens while also effectively addressing urban living needs, such as the EV Charger system, which prepares for the future development and use of electric vehicles.

            Now, let’s take a look at nearby amenities. As we know, the Rama 9 area is a comprehensive lifestyle hub, including Department Stores & Shopping Malls

  • Fortune Tower           300 M.  
  • CentralPlaza Grand Rama 9  500 M.  
  • Unilever Office           500 M.  
  • Chinese Embassy                  1 KM.    
  • Esplanade Ratchada   5 KM  
  • The Street                   21 5 KM.

School & University

  • Srinakharinwirot University       2 KM.    
  • Thai Chamber of Commerce University           3 KM.
  • Ramkhamhaeng University              6 KM.    

Hospital

  • Piyavate Hospital                   2 KM.    
  • Bangkok Hospital                   4 KM.    

            Let’s return to the “Knightsbridge Space Rama 9” project, as besides the Duo Space concept, every unit in the project is equipped with a Home Automation system to accommodate living technology, perfectly aligning with the lifestyle of condo residents. This represents a revolution in living styles under the concept of “SPACE MAKE POSSIBLE”.

Pre-Booking online to receive discounts of up to 300,000 baht**

Additionally, Origin has made it easier for consumers by transitioning the booking process entirely online, allowing consumers to access various projects more easily.

            Customers can pre-book the “3 flagship Knightsbridge condos,” which include Knightsbridge Space Ratchayothin, Knightsbridge Space Rama 9, and Knightsbridge Collage Sukhumvit 107.

            Interested customers can reserve their online booking at a special price until March 7, receiving a special discount on the opening day of Online Booking on March 8, up to 300,000 baht**.

Click to register for your rights https://goo.gl/TRTnBF

Thank you for the information from origin.co.th