It wouldn't be an exaggeration to say that "Nonthaburi" and "Bangkok" are so close that they seem like twin cities. With a distance of only a few kilometers from Bangkok, Nonthaburi not only serves as a secondary business hub but also as a residential area (Bedtown) for locals and those relocating from Bangkok.

The blend of business districts and residential areas is what makes TERRABKK see potential in Thai Chamber of Commerce Road, a new road zone in Nonthaburi that houses Market Avenue, a new commercial building project by PROPERTY PERFECT, a pioneer in developing this Thai Chamber of Commerce Road.

Transforming the Nonthaburi Landscape

Before diving deeper into the Thai Chamber of Commerce Road zone, TERRABKK would like to highlight the significant changes in Nonthaburi, particularly the implementation of the Nonthaburi Provincial Master Plan 2023, which directly impacts the potential of the area, especially along Thai Chamber of Commerce Road.

The 2005 Nonthaburi Provincial Master Plan (the old version) designated most of the northern area of Nonthaburi as agricultural conservation land (green), which imposed restrictions on development projects. This has now been revised to allow for low-density residential areas (yellow) and medium-density residential areas (orange) in the 2023 master plan, unlocking land development along Ratchaphruek Road and Chaiyaphruek Road, which will undoubtedly contribute to the growth of the area.

Potential of Thai Chamber of Commerce Road: Connecting Two Major Roads and Opening New Development Zones

Thai Chamber of Commerce Road is pioneered by PROPERTY PERFECT, opening several blind land plots to connect with important roads in Nonthaburi, such as Chaiyaphruek Road and Highway 345, which is a 6-lane road approximately 4 km long.

The opening of this location to connect these two major routes has integrated Thai Chamber of Commerce Road into a robust transportation network, linking it to Ratchaphruek Road, a crucial route leading to the city center, connecting to Pak Kret Intersection for access to the Chaeng Watthana business hub, linking to the Purple and Pink Line MRT Interchange at Nonthaburi Government Center, and providing easy access to the Si Rat Expressway.

Real Estate on Thai Chamber of Commerce Road: Continuous Growth Over the Past 10 Years

It wouldn't be an exaggeration to say that Thai Chamber of Commerce Road is a vital route that has created significant attraction and transformation for Nonthaburi in this area. Over the past 10 years, the growth of the city surrounding Ratchaphruek Road, Chaiyaphruek Road, and Highway 345 has been remarkable.

Aerial photos comparing the area over the past decade clearly show that the buildings were not densely populated, primarily consisting of housing projects adjacent to Chaiyaphruek and Ratchaphruek Roads. However, by 2023, there has been significant development in the area, particularly within Thai Chamber of Commerce Road, showcasing clear growth.

Thai Chamber of Commerce Road: Surrounded by Attractive Districts with Convenient Access

Another aspect of the potential of Thai Chamber of Commerce Road is its accessibility to all major zones in Nonthaburi through several main roads, including:

  • Ratchaphruek Community Lifestyle Zone - A lifestyle road in Nonthaburi's residential area, approximately 6 km long, providing convenience with restaurants, cafes, and shopping centers such as Robinson Lifestyle Ratchaphruek, The Crystal, HomePro, Lotus’s, and Chic Republic.
    Chaeng Watthana-Pak Kret Business Center Zone - Chaeng Watthana-Pak Kret is the center of employment in Nonthaburi, about 8.5 km from Thai Chamber of Commerce Road, a large central area with comprehensive facilities including Chaeng Watthana Government Center, Impact Muang Thong Thani, Chulabhorn Hospital, Mongkutwattana Hospital, World Medical Hospital, Central Chaeng Watthana, and more, with over 100,000 personnel circulating.
  • Bang Yai Lifestyle Center of the West - Although the distance from Thai Chamber of Commerce Road to Bang Yai is not very close, it is very convenient as it is a direct route without many turns, passing through Chaiyaphruek Road and Kanchanaphisek Road.
  • MRT Interchange Connection Point - The only MRT Interchange point for the Purple and Pink Lines in Nonthaburi, easily accessible via Chaiyaphruek Road and Tiwanon Road.

Thai Chamber of Commerce Road: High Demand for Purchasing Power

Due to the convenience of surrounding factors, easy transportation, proximity to expressways, and connection to large employment centers, the potential of Thai Chamber of Commerce Road has become another excellent residential community in Nonthaburi. Within the zone, several residential projects are attracting attention, with current residential properties for sale along Thai Chamber of Commerce Road, led by pioneering developers like PROPERTY PERFECT, offering a variety of price ranges from 2.5 to 70 million baht, depending on the type of residence, including townhomes, duplexes, single-family homes, and commercial buildings.

Market Avenue is a new commercial building project in this area, characterized by a community of quality residences, with nearly 20 projects accommodating over 4,000 families and a total of over 20,000 families in the surrounding area, all representing high-quality demand with strong purchasing power (reflected in the prices of homes currently for sale). Additionally, Thai Chamber of Commerce Road features a well-rounded community with shops, convenience stores, and the Singapore International School of Nonthaburi (SISB), along with future growth opportunities, especially with the large land parcel of over 215 rai owned by the University of the Thai Chamber of Commerce, and several other plots of land in preparation for development, leaving room for the development of commercial buildings to meet the high demand in the area and create investment opportunities.

Overview of Business on Thai Chamber of Commerce Road

With Thai Chamber of Commerce Road filled with mid to high-end housing projects accommodating over 4,000 families and a high purchasing demand, this area has seen the emergence of numerous businesses/stores, totaling over 164 businesses, both located in the Metro BizTown 1-3 projects and local commercial buildings. About 42% of the businesses are food and beverage outlets, followed by coffee and bakery shops at 12%, car repair and wash services at 6%, health clinics at 5%, beauty clinics and shops at 5%, IT equipment stores at 5%, transport services at 4%, convenience stores at 4%, pet clinics and shops at 2%, pharmacies at 2%, laundry services at 1%, and other businesses/stores such as clothing, flowers, eyewear, etc., making up the remaining 12%. All of these businesses/stores cater to the residential clientele in the area, and there are also residents who run businesses from their homes or operate small offices, reflecting that Thai Chamber of Commerce Road is a location with opportunities and business growth.

This is a great opportunity for those looking for commercial buildings to do business in this area, as a new commercial building project is about to launch: Market Avenue Chaeng Watthana - Ratchaphruek, a project that accommodates various types of businesses, catering to investors looking for commercial buildings for business, shop owners wanting to expand their branches, business owners seeking office space, as well as investors looking to purchase for speculation or rental purposes.

Market Avenue: The New Hub for Commercial Buildings that Meets Business Investment Needs

Market Avenue Chaeng Watthana - Ratchaphruek is a new commercial area on Thai Chamber of Commerce Road, designed in a London style with a touch of European architectural influence, featuring a modern classic feel that immerses you in the charm of a bustling London metropolis. The project atmosphere resembles Covent Garden Market, with a beautifully landscaped front area, including fountains, trees, and walkways, creating a clear distinction between the exterior and interior of the project. The open layout design allows passersby to easily see the buildings/stores within the project, along with creating a unique identity that reflects the atmosphere inside the project and the architectural design inspired by commercial buildings and shops in England, featuring easily recognizable elements like a clock tower and telephone booths, along with various atmospheres that attract passersby, setting it apart from other commercial buildings in the area.

The project includes a parking design that accommodates a sufficient number of parking spaces for business needs, with parking available throughout the units for up to 250 cars, catering to business visitors and customers shopping at the stores, along with 24-hour security for peace of mind.

3.5-Story Commercial Buildings Supporting Diverse Businesses

Each building has a standard land size of 21.5 square wah, usable area of 160 square meters, with 3 bedrooms and a width of 4 meters. The ground floor and mezzanine are commercial spaces for shops or office reception areas. Upon entering, you will find a double-volume reception area with a height of 5 meters, creating a spacious and airy feel. The second and third floors can be used as storage rooms, offices, meeting rooms, or converted into relaxation areas, bedrooms, or living rooms.

Market Avenue Chaeng Watthana - Ratchaphruek is a new London-style commercial area located on Thai Chamber of Commerce Road, surrounded by residential projects, filled with opportunities and business growth, with prices starting at 7.19 million baht. Register for more information at https://go.pf.co.th/phf2oqk.