• Create a New CBD in Bangkok with the Mega Project of the Future ‘The Central Phahonyothin to stimulate growth in the area alongside Central Ladprao, accommodating the rapid growth and new demand of upper Bangkok, with the opening of ‘Central Park’ both shopping center and office this August, featuring numerous famous brands.
  • By 2025, develop a total of 30 mixed-use projects nationwide, revealing new projects such as ‘Central Northville’ which will transform the Rattanathibet area with the largest mixed-use project in the heart of Nonthaburi, expanding into the Northeast with ‘Central Khonkaen Campus’, the second project to support Khon Kaen's growth, and enhancing the Master Planning of ‘Central Chiangmai Airport’, the largest in the North, while expanding the luxury area of ‘Central Phuket’ to meet the demand of quality tourists and preparing to open ‘Central Krabi’ this October.
  • Transforming the best areas around Bangkok including Central Pinklao, Central Chaengwattana, and Central Bangna to cater to affluent shoppers with high purchasing power, creating new magnets in Fashion, Food Hub, Family & Edutainment.
  • Last year, we broke records with an All-Time High in every business dimension, growing alongside the entire Ecosystem.

Central Pattana Public Company Limited, the leading sustainable real estate company in Thailand, reaffirms its success with the business model ‘The Ecosystem for All’ in its annual vision announcement ‘Pioneering Growth & Beyond’, creating a significant phenomenon in mega project development with the strategy of Retail-Led Mixed-Use Development, investing 120 billion baht over the next 5 years (2025-2029) to advance mixed-use projects across all regions and transformation projects to enhance the potential of various areas and cities, driving Bangkok and Thailand to a global level.

Watch the video, click https://youtu.be/KswXJteLs_c?si=Te-I_uNbheVYENmT

Ms. Walaya Jirathiwat, CEO of Central Pattana Public Company Limited, stated, “For 45 years, Central Pattana has been committed to growing alongside customers, partners, employees, and communities across the country with a Retail-Led Mixed-Use Development strategy that focuses on four key areas: Best Location, Best Catchment Analysis, Best Master Planning to ensure all elements are perfectly connected, and Best Partners with expertise. Last year, the company achieved an All-Time High in every dimension and in all businesses including Retail, Residence, Hotel, and Office.

Central Pattana continues to invest over 120 billion baht in the 5-year plan from 2025 to 2029, announcing plans for the development of Mega Projects and various new projects nationwide that will gradually launch within the next 5 years, starting with the ‘Central Park’ project set to open this year, along with the announcement of three new projects led by the future mega project ‘The Central’ Phahonyothin, creating a new CBD in Bangkok to meet the rapidly growing new demand, and ‘Central Northville’, the largest mixed-use project in the heart of Nonthaburi, along with ‘Central Khonkaen Campus’, the second project in Khon Kaen, with plans for mega projects in the Rama 1, Rama 9, and Ploenchit areas, among many others. By the end of this year, there will be a total of 135 projects across all businesses, including 30 mixed-use projects out of 44 potential locations, with three retail projects set to launch in 2025, including the community mall Marketplace in Thepraksak opening on March 28, Central Park both shopping center and office opening in August, and Central Krabi opening in October.”

Mega Project ‘The Central’ Phahonyothin – New CBD in Upper Bangkok to Attract New Demand

Mr. Chanawat Ueawattanaskul, President of Retail and Development at Central Pattana, stated, “Central Pattana is pioneering and creating a Centre of Life in every area, every city across the country. In the coming years, there will be a continuous launch of mega projects, including:

‘The Central’ Phahonyothin is The Future Place for All located on over 49 rai with a shopping center area (GBA) of 460,000 square meters, a flagship shopping center of the future that will accommodate new lifestyles for everyone. It will be a gateway attracting new demand from the upper Bangkok catchment area and quality shoppers from neighboring provinces, growing alongside Central Ladprao, which is the first mixed-use project and a landmark of the area. With 45 years of experience, we understand consumers very well. Currently, there is growing demand from the increasing population density and new customer groups, making it feasible to have two Central shopping centers that will help enhance the prosperity of this area. The Central Phahonyothin will attract global brands to open their flagship stores for the first time in Thailand, similar to the success achieved at CentralWorld, with plans to open in Q4/2026 and additional development plans in the future.

Numerous Brands Central Park Receives Excellent Response, Opening This August

‘Central Park’ (Central Park) is a Masterpiece shopping center on a prestigious address, the best in the heart of Bangkok, with the concept Here for Bangkok on a 23 rai land area and a shopping center area (GBA) of 130,000 square meters. Currently, global brands are preparing to open almost the entire space, with over 230 brands, including first-time brands in Thailand and many new concepts, led by global fashion brands from the Inditex group expanding all brands in the group, featuring high-street & bridge-line brands, prestige cosmetic brands, and a complete range of sports destinations. Additionally, a kingdom of Thai restaurant brands like Iberry Group will open with seven brands simultaneously, along with numerous Michelin street food options and new concept restaurants never seen before.

‘Central Park Offices’ is One-of-a-Kind and the Most Advanced Office Building offering the best views of Lumpini Park all day long, becoming the Future Work/Life for Global Visionaries, currently receiving positive responses from leading companies worldwide across various industries, including global technology and innovation firms, pharmaceuticals, biotech, and logistics. With the best lifestyle connecting the shopping center, a large rooftop park, and privileges from all parts of the mixed-use project, the first year of this building aims for an occupancy rate of 80%.

Advancing The Most Complete Mixed-Use with a Total Transformation in Every Region

‘Central Northville’ (Central Northville) is the largest new mixed-use project in the heart of Nonthaburi, becoming The New District of North Bangkok on the former land of Central Rattanathibet with a land area of 59 rai and a shopping center area (GBA) of 210,000 square meters, featuring a Biophilic Design concept that brings nature into the building, creating an unprecedented outdoor-in-indoor atmosphere with socialized, multi-generation & community spaces, and increased pet-friendly areas. It will support the expansion of both Thai and international brands, along with the collaboration of businesses within the Central Group, addressing the needs of the area in every dimension with family & edutainment, food, sport & wellness destinations, and is expected to open in Q2 of 2026.

The mixed-use project ‘Central Khonkaen Campus’ (Central Khonkaen Campus) is the second Central shopping center in Khon Kaen, a province with high purchasing power, located in a high-potential area near educational institutions and major hospitals, covering an area of 30 rai with a shopping center area (GBA) of 67,000 square meters. This project will create a phenomenon for the city as The New Dimension of Lifestyle, addressing urban lifestyles while integrating local wisdom, reflecting the pride of the province, and is set to open in Q2 of 2026, along with plans for a new condominium and the first GO! Hotel in the Northeast.

‘Central Chiangmai Airport’ (Central Chiangmai Airport) will transform the retail landscape, enhancing the new Master Planning on a land area of 130 rai with a shopping center area (GBA) of 173,000 square meters, featuring Muji’s first flagship store in the North, along with new famous brands, and expanding the indoor local market area by three times to 10,000 square meters. There will also be a Hug Craft & Northern Village zone as a tourist magnet, with plans to open in Q2 of 2026. The project will also include a convention hall, tourist hub, and multi-generation space, as well as the first Go Wholesale in the North, with plans for hotel and condominium development in the future.

In the South, we will build on the success of ‘Central Phuket’ (Central Phuket) as the only luxury mall outside Bangkok, enhancing Phuket's potential as a world-class tourist destination, with a shopping center area of Floresta and Festival totaling (GBA) 400,000 square meters and residential projects. There will be an expansion of the luxury zone by an additional 20,000 square meters, with an investment of 3 billion baht, bringing the total value of the mixed-use project to over 23 billion baht. The first phase of the expansion is expected to open in Q3 of 2026, and in October 2025, we will open ‘Central Krabi’ (Central Krabi), which will enhance the potential of the world-class tourist city and serve as a model shopping center for sustainable and mindful travel alongside the city.

The Transformation project will revamp projects in key locations to meet the needs of affluent demographics with increasing purchasing power by creating new magnet destinations in Fashion, Food Hub, Family & Edutainment that are the best in each area, attracting both key anchor brands and new famous brands, including Central Pinklao (Central Pinklao) – New Soul of the District (opening Q3 of 2025), a central hub in the Thonburi area with a growing population and increased purchasing power; Central Chaengwattana (Central Chaengwattana) – The Life Extraordinaire (opening Q4 of 2025): an area growing into an office hub with high-income families and an expat community; and Central Bangna (Central Bangna) – Life Well Lived (opening Q3 of 2026), selecting the best for customers in the Bangna area, a luxury residential area with high purchasing power, with master planning adjustments to expand the mixed-use project area to 50 rai, marking a total transformation in 30 years that revitalizes every store.

Ms. Naparat Sriwanwathit, CFO and President of Hotel and Office at Central Pattana, stated, “Last year, the company achieved an All-Time High in every dimension with total revenue of 51,843 million baht and a net profit of 16,729 million baht, providing high returns to shareholders. Additionally, we attracted an All-Time High Traffic of over 500 million visits per year, with 67 million visits from tourists to Central shopping centers annually. The non-retail business also succeeded, with the residence sector growing in both horizontal and vertical developments. Condominiums attached to Central shopping centers, such as Essent Nakhon Sawan, Nakhon Pathom, and Nakhon Si Thammarat, sold out quickly. Meanwhile, the hotel business continues to expand, with the opening of Hilton Garden Inn Rayong last year and ongoing openings of GO! Hotels. Furthermore, the office business remains strong, with an occupancy rate of over 90% at the end of last year.”

Additionally, the senior management team of Central Pattana, led by Dr. Nattakitti Tangpoolsinthana, Chief Marketing Officer, and Mr. Isaret Jirathiwat, Head of Leasing – Fashion & Luxury, shared insights and strategies to drive sales and create success as a trusted partner ready to help partners grow together. Central shopping centers have succeeded in becoming Thailand’s Largest Retail Destination for Global Brands, with over 80% of global brands choosing to open their first stores in Thailand at Central shopping centers, and there are as many as 50 flagship stores. Many brands have achieved top sales ranks at their branches. Another success in partner management is strengthening businesses with The 1 Biz, a CRM tool that drives sales, with participating brands experiencing growth rates of up to 3 times last year. Members of The 1 redeemed over 300 million points in the store zones, with the highest point accumulation bill reaching 3.4 million baht. Additionally, we have created the Experience Application ‘Central X’ to connect O2O experiences.

Central Pattana Public Company Limited is moving towards the future under the brand's commitment to Imagining better futures for all, having supported society and communities with over 5 billion baht over 45 years, including infrastructure, public spaces, and educational opportunities. In terms of the environment, we are advancing towards Net Zero 2050, having been ranked DJSI Best-in-Class for seven consecutive years and being the first real estate company to issue a ‘Green Bond’. Additionally, all shopping centers are equipped with solar rooftops and EV charging stations, while driving the Green Partnership project to reduce greenhouse gas emissions in collaboration with retail partners. #CentralPattana #Imaginingbetterfuturesforall #เซ็นทรัลพัฒนา