LW S Co., Ltd. has released a survey of the Pinklao area, revealing that the demand for housing remains high, particularly for condominiums near the BTS and major shopping centers, while the supply in the market is limited. This boosts the potential of real estate in this location.
It is becoming a business hub in Thonburi, catering to residents from various generations, supporting significant growth potential, and benefiting from the Orange Line BTS and the upgrade of Central Pinklao, positioning the area as a residential and investment center in the west.

The survey of the “Pinklao” area found that there are only 5 condominium projects available for sale, totaling 2,342 units, with over 64% already sold, averaging 6-7 units sold per month per project. Currently, only 830 condominium units remain for sale. Moreover, over the past 10 years, no new condominium projects have been launched along Borommaratchachonnani Road, the main road in the Pinklao area.

According to LW S Co., Ltd., the main factors driving growth in the Pinklao area stem from urban structural changes, consumer behavior, and the ongoing enhancement of the transportation system, which has led to a continuous expansion of demand for housing and lifestyle options. This is particularly evident in the major transformation of Central Pinklao, with an investment budget of over 1.7 billion baht in nearly 30 years, which is not just a renovation but an elevation of its role from a local shopping center to a “District Leader” in West Bangkok, clearly reflecting the growth trajectory of the surrounding area.

Additionally, the construction of the Orange Line BTS, connecting Bang Khun Non to Min Buri, will significantly enhance the area's potential by linking it to almost all major rail systems, making Pinklao one of the strategic travel points in the city. It offers a complete lifestyle, attracting quality purchasing power and significantly impacting the value of residences along the route, especially at stations in high-potential locations or those connecting to other BTS lines. This will improve travel convenience and elevate the quality of life for residents. The area is also well-connected to major roads such as Borommaratchachonnani, Charan Sanitwong, and Sirindhorn, as well as the West Outer Ring Road Expressway, allowing easy access to the inner city of Bangkok and proximity to numerous job opportunities, hospitals, and leading educational institutions, such as Siriraj Hospital, Thonburi Hospital, Thammasat University, and Silpakorn University.

“Given the factors mentioned above, Pinklao is not just a residential area but a Mixed-use District with economic activities throughout the day. It is a district for the younger generation seeking a quality lifestyle close to the city, but with housing costs that are more 'affordable' than in the city center. Considering transportation, lifestyle, and demographic factors, Pinklao is on the path to becoming a New Urban Node of West Bangkok, transitioning from a residential area and a transit point to a comprehensive living and investment center, catering to medical professionals, students, and workers in the Thonburi-Pranakorn zone.”

The average selling price of condominiums in this area starts at approximately 1.97 million to 3.10 million baht, or an average of 79,000 to 110,000 baht per square meter, with room sizes starting from 23 to 24 square meters. This is still lower than many inner-city locations with similar lifestyle offerings. Rental rates start at 10,000 baht per month for studio apartments and 13,000 to 15,000 baht per month for one-bedroom units, providing an average return rate of 6% per year. Therefore, Pinklao today may not just be a new location but is becoming an “important area” for the future of Bangkok.