As the CBD areas like Silom, Sathorn, and Sukhumvit become increasingly congested, there is a shift towards other locations, including the eastern side of Bangkok, specifically "Ramkhamhaeng." This area is being positioned as the future “NEW EBD” (Extended Business District), an expansion zone for business that accommodates the city's growth. Historically a residential area, Ramkhamhaeng is undergoing significant transformation. What makes Ramkhamhaeng a New EBD? Here’s a summary:

“Ramkhamhaeng” Offers Unlimited Travel Opportunities with Interchange Stations

Ramkhamhaeng is rapidly developing due to the introduction of new electric train lines that enhance its potential. Currently, there are two new lines under construction: the Orange Line (Bang Khun Non – Min Buri), which connects the western and eastern parts of Bangkok, is divided into two phases. The first phase, from Bang Khun Non to the Cultural Center, is inviting private investment and is expected to open in 2026. The second phase, from the Cultural Center to Min Buri (Suwinthawong), is already over 60% complete and is set to open in 2024. Additionally, the Yellow Line (Lat Phrao – Samrong) is nearly 60% complete and is expected to open in 2022. Furthermore, the Airport Rail Link (Phaya Thai – Suvarnabhumi Airport) also serves the Ramkhamhaeng station.

In the future, another line, the Brown Line (Kra Yai – Lam Salee), is in the consultation phase and preparing for its second EIA. If constructed, this line will make Ramkhamhaeng and Lam Salee stations key interchange points connecting all three electric train lines, providing extensive and diverse travel routes that will greatly enhance convenience for residents, allowing quick access to the city center or beyond.

The expansion of the electric train network and its role as a crucial interchange point for eastern Bangkok has led to increased development projects from both the public and private sectors, continuously bringing prosperity to the area. With transportation options that easily connect to major business districts like Asoke, Sukhumvit, Silom, Siam, and Sathorn, “Ramkhamhaeng” is now a promising location supporting the city's expansion.

Ramkhamhaeng: A Diverse Transportation Hub offers various travel options, connecting by road, water, and rail, making it easy to access the city. Ramkhamhaeng Road is a major thoroughfare linking to important routes such as Rama 9 Road, Bangkok-Krit Road, Srinakarin Road, and Pattanakarn Road. Alternatively, the Chalong Ratch Expressway (Ram Inthra – Ajnarong) or Motorway No. 9 connects to the outer eastern ring road. Additionally, boat services on the Saen Saeb Canal significantly reduce travel time into the city. With these diverse transportation options, residents in this area enjoy greater convenience in commuting to and from the city and other locations.

“Ramkhamhaeng” Meets Lifestyle Needs with Comprehensive Amenities

The area's potential has attracted private investment, with The Mall Group, a leading shopping center operator, having long established The Mall Ramkhamhaeng. They are currently undergoing a major renovation of The Mall Ramkhamhaeng 2, transforming it into a Mixed-Use Complex covering over 200,000 square meters, expected to be completed in 2021. Major Development is also developing the Makor Tower Rama 9 - Ramkhamhaeng, a mixed-use project featuring Grade A office space and retail areas. The introduction of various projects enhances the diversity of the area, catering to the increasing number of residents.

Additionally, there are lifestyle amenities that meet residential needs, including community malls, numerous shops, and restaurants. The area is also home to prestigious educational institutions such as Ramkhamhaeng University, Assumption University, Bodindecha School, and Udomsuksa School, along with several hospitals catering to the local population.

A Residential Area with Diverse Demand

Historically, Ramkhamhaeng has been a densely populated residential area due to its educational significance, with Ramkhamhaeng University as a central point attracting many students and traders to live here. The area is filled with commercial buildings, shops, restaurants, dormitories, and apartments that cater to students and workers. The comprehensive amenities in this area have led to an increase in residents. The influx of various offices has created job opportunities, attracting more workers to the area. Additionally, there is a growing trend of people from outside the city wanting to move closer to work and public transport, as well as parents seeking housing for their students. The area's potential also attracts first-time job seekers looking for affordable condos.

Growing Supply in the Condo Market Indicates Location Potential

Looking back over the past five years, the condo market in the "Ramkhamhaeng" area has seen a significant increase in new condo supply, indicating that developers recognize the area's potential and are choosing to establish projects here. The introduction of electric trains and its future role as an interchange are key factors stimulating the area's potential and attracting residential development to accommodate the growing population. Regarding investment opportunities in Ramkhamhaeng condos, the expected capital gain is around 4-7% per year, with average resale prices ranging from 70,000 to 107,000 THB per square meter. Additionally, renting condos in the area can yield average rental returns of 5-7% per year.

For those looking to rent a condo in this area, rental prices range from 5,000 to 18,000 THB per month (depending on the size and condition of the condo). With such rental prices, it may be more advantageous to purchase a condo instead, as the monthly mortgage payments can be comparable to rental costs. Consider “The Livin Ramkhamhaeng” as one of your options. This new condo is launching with prices starting at just 1.6 million THB, or 80,000 THB per square meter, making it suitable for those wanting to own a condo at an affordable price. First-time job seekers or those with limited budgets can also become owners at a reachable price.

The Livin Ramkhamhaeng is a 42-story high-rise condo with the concept of “Living Beyond Boundary”, designed to meet the needs of a limitless lifestyle in every aspect.

    • Unlimited ownership with payments starting at just 1,000 THB per month* (*terms apply as per company regulations).
    • Unlimited travel convenience, located just 100 meters from the MRT Interchange Station at Lam Salee.
    • Unlimited access to extensive facilities covering 1,900 square meters, including a Sky Lounge, Meeting Room, Theater Room, Co-Kitchen Studio, Co-Working Space & Workshop Studio, Game Room, E-Sport Entertainment, Jogging Track, and a large green area of 6,000 square meters.
    • Unlimited living with room functions that feel like home, such as a 1 Bedroom layout with a separate kitchen to avoid disturbing the living area, and a spacious living room that is well-organized. Every square meter is utilized efficiently, or opt for a 1 Bedroom Plus that functions like two bedrooms at the price of a studio in other projects.

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