“Ratchathewi” is a prime urban location surrounded by amenities, a hub for employment, healthcare, and education. Currently, “Ratchathewi” is an attractive residential area for professionals, students, and investors enchanted by the allure of city living.

Discover “Ratchathewi” – A Prime Location and Education-Medical Hub in the Heart of Bangkok

“Ratchathewi” serves as a central Education-Medical Hub, making it a sought-after residential area. Its location lies between the CBD areas of Siam, Silom, and Sathorn, and the inner district of Phra Nakhon, blending significant historical and cultural sites with unique communities. This area is a major tourist landmark in Bangkok, easily accessible via various transportation routes, including cars and multiple BTS lines.

The business district along Rama 1 Road, particularly “Siam”, is just one BTS station away from “Ratchathewi.” Siam is a vibrant lifestyle hub popular among both locals and foreigners, especially with high-end shopping destinations like Siam Paragon, as well as shopping centers for youth, working professionals, and families such as Siam Center, Siam Discovery, Central World, and Siam Square One, ensuring the area remains lively throughout the day.

Additionally, the “Ratchathewi” area hosts numerous government offices and state enterprises, including the Ministry of Foreign Affairs, the Department of Highways, the Ministry of Transport, the Department of Mineral Resources, the Ministry of Natural Resources and Environment, the Ministry of Industry, the Ministry of Higher Education, Science, Research and Innovation, the National Innovation Agency, the Army Medical Department, the Department of Livestock Development, and the Veterinary Council of Thailand.

Surrounding the area, you will find a concentration of educational institutions, including schools, medical schools, and numerous hospitals such as Mahidol University (Phaya Thai), Ramathibodi Hospital's Faculty of Medicine, the Faculty of Dentistry, Ramathibodi Nursing School, the Royal Thai Army Medical College, the Army Nursing College, the Baptist Student Center, and the Wanasorn Building, which houses leading tutoring institutes in Bangkok. There are also schools like Sri Ayutthaya School, Amnuay Silpa School, Triam Udom Suksa School, Chulalongkorn University Demonstration School, and Mahidol University Demonstration School (Pathumwan).

Currently, the Ratchathewi intersection features mixed-use projects, including a 5-star hotel, a sky lounge, retail spaces, and two new Grade A office buildings, Spring Tower, which is already operational, and JRK Tower. Both projects are set to become modern business centers that attract both Thai and foreign professionals, as well as tourists, enhancing the vibrancy of the area.

It’s no surprise that “Ratchathewi” has become a Prime Location for students, medical personnel, and working professionals looking to reside in this area.

From Now to the Future: “Ratchathewi – The Junction of 4 BTS Lines” Adapting to Urban Lifestyles

Currently, “Ratchathewi” is a crucial intersection of major roads in Bangkok, allowing residents to choose from various transportation options, including cars via main roads such as Phaya Thai Road, Phetchaburi Road, Rama 1 Road, Si Ayutthaya Road, and Rama 6 Road, which connect the city center to surrounding areas like Din Daeng Road, Henri Dunant Road, Silom Road, Rama 4 Road, and Sukhumvit Road, etc.

Residents can also travel via the BTS Skytrain, with the “Ratchathewi Station” located on Phaya Thai Road near the Ratchathewi intersection, making it convenient for those living along Phetchaburi - Phaya Thai to access the BTS. The green line of the BTS is a vital route connecting areas like Ladprao, Ari, Siam, Sukhumvit, Thonglor, extending to Kheha, and the dark green line connects to the CBD areas of Silom and Sathorn, reaching Krung Thonburi, which links to the Gold Line to Icon Siam.

It’s clear that traveling from “Ratchathewi” to various parts of Bangkok is easy even without a personal vehicle. In the future, “Ratchathewi” will become even more popular.

This is due to the arrival of the “Orange Line” subway, which will enhance the prominence of the “Ratchathewi” area, making it stand out among other parts of Bangkok. The Orange Line will cover a distance of 35.4 km, consisting of 20 underground stations and 8 elevated stations (excluding the Cultural Center station), running from the eastern side of Bangkok (Min Buri) through the heart of the New CBD at Rama 9 – Cultural Center (currently, phase 1 is under construction and is planned to open in 2025) and connecting to the inner Bangkok (Taling Chan).

According to the Orange Line project plan, phase 2 will run from the Cultural Center station, intersecting with the Airport Rail Link at Ratchaprarop station, connecting with the BTS Green Line at Ratchathewi station, intersecting with the Red Line at Yommarat station, and the Purple Line at the Democracy Monument station, passing through Sanam Luang, under the Chao Phraya River at the Pinklao Bridge, Siriraj Hospital, and finally intersecting with the Blue Line again at Bang Khun Non station, ending at Taling Chan station, which connects to the last station of the Red Line.

The route of the Orange Line phase 2, which runs through the heart of the New CBD into inner Bangkok, intersects with five BTS lines, indicating that “Ratchathewi” will become an interchange station connecting the Orange Line and the BTS Green Line, which is a primary route for travel in Bangkok. “Ratchathewi” will be a key station connecting the transportation system across Bangkok with four lines: the Orange Line at Ratchathewi station (Taling Chan – Min Buri), the BTS Green Line at Ratchathewi station, the dark green BTS line connecting at Siam station, and the Airport Rail Link (Phaya Thai – Suvarnabhumi), with Phaya Thai station just one stop away from Ratchathewi.

Investment Opportunities in Real Estate in the Heart of Ratchathewi

When discussing the overall condo market in Ratchathewi, it’s worth noting that this area does not have a high density of projects, launching only 1-2 projects per year and not every year. Looking back ten years, in 2013, the average price of new condos was around 139,000 THB per square meter, while the current average price has steadily increased to 220,000 THB per square meter. Similarly, the resale market for condos in Ratchathewi has seen price growth (Capital Gain) of approximately 4% - 8% per year, with second-hand condo prices ranging from 160,000 to 232,000 THB per square meter.

In terms of rental returns for condos in Ratchathewi, the average Rental Yield is approximately 3.8% - 5.6% per year. Monthly rental rates vary based on the condition and size of the unit, with studio apartments renting for 14,000 - 18,000 THB per month, 1-bedroom units around 15,000 - 28,000 THB per month, 2-bedroom units ranging from 28,000 - 60,000 THB, and 3-bedroom units renting for 40,000 - 70,000 THB per month.

“Park Origin Ratchathewi” – Exclusive Living for Just 264 Families

Having discussed the appeal of the “Ratchathewi” area, for those looking to own a condo in “Ratchathewi,” but unsure where to start, we present the project “Park Origin Ratchathewi”, a completed project ready for occupancy by ORIGIN PROPERTY.

“Park Origin Ratchathewi” is a high-rise condo with 1 building, 41 floors, comprising 264 units and 2 retail units on approximately 1-2-34.5 rai of land. The project is located adjacent to Phetchaburi Road, heading towards Pratunam, near the Ratchathewi intersection, about 400 meters from the BTS Ratchathewi station. In the future, according to the development plan for the Orange Line, the entrance to Ratchathewi station will be located under Phetchaburi Road, near Soi Phetchaburi 3-7, close to the entrance of the “Park Origin Ratchathewi” project, making it more convenient for residents.

The units in the “Park Origin Ratchathewi” project will feature Duo Space with high ceilings, designed under the concept of “Private Living Oasis,” ensuring a limited number of units to enhance privacy for the 264 residents. The building design incorporates curves inspired by natural lines, while the surrounding area is designed with green spaces to create a relaxing living atmosphere.

Unit types include:

·   1 Bedroom               34.0 – 34.2 sq.m.

·   1 Bedroom Plus       34.8 – 58.4 sq.m.

·   Penthouse                70.6 – 116.2 sq.m.

Extra Space 4.25 m – Expanding Living Space with Endless Views of Bangkok

The units in the “Park Origin Ratchathewi” project will feature Duo Space with high ceilings of up to 4.25 meters. The living spaces will be located on floors 19-38, allowing every unit in this building to enjoy panoramic city views. This is the only project in the Ratchathewi area offering Duo Space units throughout.

Most units will be 1 Bedroom types sized 33.9 – 34.2 sq.m. and 1 Bedroom Plus sized 34.8 – 58.4 sq.m. (as per title deed), designed to accommodate the living needs of the new generation who desire functional space while still being able to decorate their rooms in their own style.

In the 1 Bedroom unit sized 33.9 – 34.2 sq.m., the layout divides the lower area into zones for shared activities, such as a kitchen, living room, dining area, and bathroom, while the loft area is designed as a bedroom to enhance privacy and provide full city views.

The 1 Bedroom unit sized 34 sq.m. is designed to provide more workspace by adjusting the lower area to accommodate relaxation as a multifunctional bedroom, while the loft area serves as a workspace or personal activity zone.

The 1 Bedroom Plus unit sized 58.60 sq.m. offers a larger space, allowing for the main bedroom to be placed on the lower level, providing full views, and an additional bedroom can be added in the loft area, making this unit suitable for modern families.

Sky Amenities – Creating Relaxation Experiences Closer to the Sky

In addition to the Duo Space units with 4.25-meter high ceilings, the “Park Origin Ratchathewi” project also features luxurious sky amenities on the 39th and 40th floors, as well as a rooftop area to enhance residents' relaxation experiences closer to the sky.

The amenities will include a Grand Lobby, Waiting Lounge for automatic parking, Gin cafe, Smart Mailbox, Smart Locker, Garden Yard Pavilion on the 1st floor, and a Business Lounge and Private Meeting Room on the 2nd floor.

All parking will be automated, accommodating both Sedan and SUV vehicles, with EV Chargers available within the project.

Amenities in the Project

·       1st Floor

o   The Grand Lobby

o   Waiting Lounge for automatic parking

o   Gin cafe

o   Smart Mailbox

o   Smart Locker

o   Garden Yard Pavilion

·   2nd Floor

o   Business Lounge

o   Private Meeting Room

·   39th Floor

o   Starry Lounge

o   Wine Bar

o   Private Dining Lounge

o   Social Club

o   Sky Private Theater

o   Spa

·   40th Floor

o   Panoramic Sky Fitness

o   Yoga Studio

o   Virtual Bike

o   Lava Onsen

o   Sky Pool with salt system

o   Endless Pool

o   Sunset Amphitheater

·   Auto Parking for 100%

·       Security system with CCTV / Key Card

·   CCTV surveillance 24 hours

·   Building access control (Easy Pass)

·   24-hour security

The sky amenities on the 39th, 40th floors, and rooftop will serve as the main communal areas. The 39th floor will be an indoor communal area for residents to relax while enjoying expansive city views of up to 270 degrees.

The 40th floor will feature key amenities including Panoramic Sky Fitness, Yoga Studio, Virtual Bike, Lava Onsen, Sky Pool with a salt system, Endless Pool, and Sunset Amphitheater, all offering stunning city views. Finally, the rooftop, accessible from the 40th floor, will be a green garden area with a serene atmosphere, featuring a Sunset View Point, Walking Trail, and Sky Communal area.

“Park Origin Ratchathewi” is the only condo in the Ratchathewi area offering Duo Space units with Extra Space ceilings of 4.25 meters throughout the project, now available for you to own.