MAZARINE in Ratchayothin: Why is it Booming Across the Year?

           Ratchayothin is one of the hottest locations that has been trending since 2017. Many may be surprised as it is neither in the central business district like Silom nor in the densely packed office area of Sukhumvit, and it is not directly connected to the current BTS line. So why has it remained so popular for such a long time? TERRABKK believes that this phenomenon is not solely due to the extension of the green BTS line but that there are other factors at play. Today, we will explore these questions through this article.

Quality Job Opportunities

Although Ratchayothin may not be the first place that comes to mind for job seekers, it is home to many quality companies. A detailed survey by our team found that the companies and job opportunities in the area are primarily filled with individuals who have medium to high purchasing power. This includes bank employees from SCB Park and the Thai Military Bank headquarters, as well as businesses in oil and gas drilling like Chevron and CUEL, and the PTT group and Ministry of Energy, which employ both engineers and expatriates. Additionally, nearby office buildings such as Rasa Tower, Shinawatra Tower 3, and Chang Tower mostly house tenants in engineering professions or branches from abroad.

Phahonyothin: The First Smart City Pilot in Bangkok

There is more good news for Ratchayothin residents, as the neighboring area of Phahonyothin will become the first Smart City pilot in Bangkok. It has been widely agreed that Phahonyothin is the most suitable location to be the first site for developing a Smart City due to its commercial centers and business districts. In the future, Phahonyothin will be a major transportation hub with rail systems, vans, buses, and public transport. However, as we all know, Phahonyothin Road currently faces traffic issues, which is a significant reason to implement an intelligent transportation system and utilize technology appropriately to address these problems.

The Smart City model for the Phahonyothin area will be developed into a “New City Around the Train Station”. In the future, Phahonyothin will be a key transportation center for Bangkok, covering over 1,500 acres, with Bang Sue Central Station serving as a connection point for both rail and road travel. This development will also follow the TOD concept. Many may wonder, what is TOD? TERRABKK will briefly explain that TOD stands for Transit-Oriented Development, which is a concept for developing areas around mass transit stations to maximize land use and benefit the community. This includes green spaces, residential areas, and commercial zones, all designed to make it as convenient as possible for residents to travel, close to schools and workplaces. This truly sounds like a dream city! For those interested in the TOD concept or wanting to learn more, you can read more here - click.

But!! The excitement doesn’t stop here. In addition to the dream city development, the government is preparing to invest 40 billion baht to establish Phahonyothin Road as the first Smart City in Bangkok. This Smart City will enhance the livability of the city, making travel more convenient and transforming it into a “Smart City” by incorporating technology to support various aspects, such as using Geographic Information Systems (GIS) to gather data on city elements, including CCTV cameras and traffic data, all consolidated into one map with pinpoint accuracy.

This Smart City model is expected to take shape by the end of this year. Regardless, we will see significant changes on this road as it is becoming a focal point for both public and private sectors, all eager to make it a model location for other areas in Bangkok.

Source: www.ops.moe.go.th

Ratchayothin: The Lifestyle District of the North CBD

Nowadays, Ratchayothin residents hardly need to venture into the city for lifestyle options, as the Ratchayothin area is a comprehensive lifestyle hub. From Phahonyothin Road to the bustling Ratchayothin intersection, it is lively all day long until night, featuring community malls like The Avenue Ratchayothin, Major Ratchayothin, and Box Space, which offer entertainment and a market in front, making Ratchayothin a location that encompasses all lifestyle needs, from dining to leisure.

From the surrounding radius, Ratchayothin has facilities covering all types, including shopping centers, educational institutions, and hospitals.

Starting Point of the Green BTS Line Extension (North)

Another key factor that many may already know is the ongoing construction of the green BTS line extension from Mo Chit to Saphan Mai to Ku Kot, along with the Ratchayothin intersection tunnel that many are eagerly awaiting to alleviate traffic congestion in the area. The good news is that this tunnel is expected to be completed and operational by the end of 2018. The green BTS line extension is planned to be operational in 2020, just two more years to wait.

But what’s exciting about the extension? After all, it’s expanding all over the city. When we consider the green BTS line route from Mo Chit to Saphan Mai to Ku Kot, we find that the area around “Phahonyothin-Kaset” is the starting point closest to the main station, Mo Chit Station, which is a significant transportation hub connecting the MRT, vans, and buses, making travel in this zone even easier. In two years, when the green BTS line extension is completed, it will further transform this area.

Whether Big or Small, Everyone is Pinning Their Hopes on Phahonyothin-Kaset

The popularity of this location is not only guaranteed by price. Observing new projects launched in 2018, they have transformed into major players in the real estate industry. Even rising stars like Grand Unity are securing land in this area, launching a new brand called MAZARINE Ratchayothin as one of the new projects in this location.

MAZARINE Ratchayothin is the first project under the luxury segment of Grand Unity, a 37-story building with 474 units, prominently located next to the green BTS line station at Ratchayothin.

The images provided by TerraBKK showcase the current and future state of the Phahonyothin area, which is undeniably gaining momentum as rumored. Whether it’s the location itself with continuous new developments or the condominium market that is transforming this previously quiet area into another central city location that everyone desires to own.

For those wanting more information about the MAZARINE Ratchayothin project, you can register to receive project information and special discounts before anyone else at https://bit.ly/2BfF5Vy or call 02-652-4000.