When it comes to the lifestyle hub of the Thonburi area, there’s no other place than 'Pinklao' , especially around the Borommaratchachonnani Road - Sirinthorn Road - Charansanitwong Road area or the Central Pinklao zone, which is rich with dining and shopping options for the Thonburi residents.

After more than three years without any new condominium launches in the Central Pinklao zone, LPN has returned to its roots, unveiling the PLACE 168 PINKLAO, a new condominium project on one of the most sought-after plots of land in this area.

Pinklao: The Lifestyle Hub of Thonburi from Past to Present

Before we look at the present, let’s take a moment to reflect on the history of the Pinklao area. A significant transformation occurred in 1973 with the opening of the King Pin Klao Bridge, which brought vibrancy to the Pinklao area, particularly with the establishment of shopping centers to accommodate the influx of residents. These shopping centers have become legendary in Bangkok, including:

  • 1983: The Pata Pinklao Department Store, featuring a plaza, a zoo, and the iconic glass elevator.
  • Year unspecified: The Velco Department Store, the largest in the Velco chain, which closed after a fire in 1993.
  • 1988: Merry Kings, a department store with a plaza and a small amusement park.
  • 1995: Major Cineplex Pinklao, the first entertainment complex of Major Cineplex, and Central Plaza Pinklao, a full-scale shopping center in the Pinklao area.

It’s evident that the shopping malls and centers in Pinklao are magnets that attract not only Thonburi residents but also people from across the city. Even though some malls have closed, new ones have emerged to take their place.

Particularly between 2007 and 2015, there was a resurgence of lifestyle venues in the area, keeping Pinklao as a central hub for lifestyle options, especially along Borommaratchachonnani Road (Central Pinklao zone), which includes Central Plaza Pinklao, Major Cineplex Pinklao, The Sense Pinklao, Pin Ngon Pin Thong Plaza, Foodland Pinklao, Tesco Lotus Pinklao, Chang Chui and Maruay Plaza, with a combined lifestyle area of over 190,000 square meters.

Convenient Transportation: Connecting BTS, Expressways, and Job Opportunities for a Bright Future

Pinklao serves as a key node connecting travel between western Bangkok and other provinces (western and southern regions) with access to van services (Old Southern Route) and Bangkok Bus Terminal (Borommaratchachonnani Road) or New Southern Route. The proximity to intercity transport makes Pinklao an attractive residential area for people relocating to Bangkok.

Moreover, the Pinklao area is not only well-connected for intercity travel; it also offers convenient access within the district through developed infrastructure and various public transport systems, including the Siriraj-Ring Road Expressway and the underpass at Phai Chai Intersection, enhancing the convenience of using private vehicles. Additionally, the Blue Line MRT from Bang Sue to Tha Phra opened in 2019, and future plans include the Light Red Line from Taling Chan to Siriraj and the Orange Line West from Cultural Center to Bang Khun Non, connecting Pinklao to all directions across Bangkok and the CBD.

Looking Back at the Condominium Market Over the Past 3 Years: No New Projects on Pinklao-Borommaratchachonnani

The rapid growth of Pinklao from 1989 to 1997 undoubtedly attracted developers. Notably, LPN was one of the first developers to establish a presence in Pinklao, making it a local staple with projects like Lumpini Park Pinklao, Lumpini Place Pinklao 1 and 2, Lumpini Suite Pinklao, Lumpini Place Rama 8, Lumpini Place Borommaratchachonnani-Pinleau, Lumpini Selected Charan 65-Sirinthorn Station or Lumpini Park Borommaratchachonnani-Sirinthorn.

After the Blue Line MRT from Bang Sue to Tha Phra came into the area, Pinklao attracted more residential development from developers. In the past 5-7 years, numerous new condominium projects have launched in the Pinklao-Charansanitwong area, totaling over 6,373 units, particularly along Charansanitwong and Sirinthorn Roads.

However, in the last three years, there have been no new condominium projects on Borommaratchachonnani Road (Central Pinklao zone), the lifestyle hub of Thonburi, due to the limited land available for development. This makes the new project PLACE 168 PINKLAO a rare opportunity in the Central Pinklao zone.

The Condominium Market Situation in Pinklao

The overall condominium market in Pinklao has seen continuous supply growth. Looking back ten years, there were only 1-2 projects launched annually, with an average price of around 55,000 baht per square meter. However, since the Blue Line extension (Tao Pun-Tha Phra) began taking shape between 2015 and 2017, more projects have been established in the area, averaging 2-4 projects per year. Currently, the launch price is 105,000 baht per square meter, with an average presale price growth rate of 8% per year.

When discussing the condominium market in this area, it’s impossible not to mention LPN, as it has become the market leader in this location. LPN has been launching condominiums in this area since 2005, starting at around 1 million baht, receiving excellent customer feedback and selling out quickly. The demand was so high that they had to launch new projects within the same year, which also sold out rapidly. Since then, they have consistently introduced new condominiums, and every time LPN launches a new project, it receives a great response and sells out quickly.

As mentioned, there have been no new condominium projects on Borommaratchachonnani Road (Central Pinklao zone) in the past three years. This year, LPN is returning to this zone with a new brand condominium called PLACE 168 PINKLAO, featuring a new concept that LPN has never had before, located right on the main road, conveniently close to Central Pinklao, making it a prime area in Pinklao.

PLACE 168 PINKLAO: The Flagship New Brand from LPN

PLACE 168 PINKLAO is a flagship new brand condominium that will completely transform LPN's image. With the concept of the number 168, it emphasizes the “Art of Living” that stands out (Privacy), creates relaxation and happiness (Happiness) in living, while reflecting one’s identity and success in life (Success), establishing a new definition of elevated living that meets the lifestyle of the new generation.

PLACE 168 PINKLAO: Emphasizing the Concept of Live Smart Achieve More

PLACE 168 PINKLAO comes with the concept “Live Smart Achieve More,” designed for smart living, bringing residents closer to success. The living space is designed to cater to both relaxation and work life, addressing the needs for success in both professional and personal life. The project concept revolves around three main axes:

  1. STYLISH DESIGN: Designing living spaces to be “inviting” yet distinctively stylish.
  • Single Loaded Corridor: An elevated level of privacy with a floor plan that allows only 8 units per floor, ensuring you don’t encounter neighbors directly across your door.
  • Laundry in the Bath: A first-of-its-kind layout that places the washing machine in the bathroom, reducing the chance of leaks on the floor and increasing usable space in the kitchen.
  • Delivery Drop Off: A designated area for food delivery that caters to modern lifestyles, reducing contact and facilitating organized management.
  1. SMART PLACE: Designing common areas that are “inviting,” catering to lifestyle behaviors in all dimensions, combining relaxation and active living. Incorporating Smart Living Tech makes life more convenient with features like EV Charger, Facility Booking, E-Sports Room, Private Meeting Room, Business Room, Massage Room, Smart Locker & Mailbox, and more. Additionally, it promotes a comfortable and secure lifestyle for the new urban generation by integrating IoT technology, such as Scene Switch for controlling appliances via mobile, Leak Detector for automatic water leak detection, and Motion Sensor for lighting that detects movement, all aimed at enhancing convenience in daily life.
  2. LIVABLE LIFE: The “inviting” nature of the location supports a comfortable lifestyle with hangout spots, lifestyle venues, shopping centers, fitness areas, and parks, providing a balance of active and relaxing life in the prime area of Pinklao, conveniently located on a major road with various transportation options, including proximity to the MRT, multiple roadways, and expressways.

The Newest Stylish Living Condo Inspired by Design for “Inviting” Living

The Newest Stylish Living Condo features an Elegant Living and Modern Rustic design style that caters to the new generation with a clear identity that does not cling to luxury. It blends sleek and modern shapes and lines, paying attention to every detail to create an interesting atmosphere in every space.

The residential units come in four types, ranging from 25 to 50 square meters, with well-defined spaces using closed kitchen layouts in every type. The bathrooms include space for washing machines, increasing usable kitchen space. The one-bedroom and two-bedroom layouts are functionally divided into distinct Living room/Dining/Bedroom zones, maximizing the use of every square inch.

PLACE 168 PINKLAO is a high-rise condominium with 27-28 floors, comprising 4 buildings, over 42% parking, and a total of 842 units, ensuring privacy with only 8-10 units per floor. Inspired by the design for “inviting” living, it is located in the heart of Pinklao, right on Borommaratchachonnani Road.

Just 500 meters from Central Pinklao and 750 meters from MRT Bang Yi Khan, experience elevated living starting at just 2.48 million baht.

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