“Huai Khwang” is a vibrant area with a dense residential population. The area is filled with restaurants, shops, and markets. It’s a hub for nightlife and has a lively atmosphere 24 hours a day. It’s no surprise that Huai Khwang has become one of Bangkok’s most popular residential areas among office workers and students, both local and international.

Foreigners in Huai Khwang include Chinese, Koreans, and Singaporeans. Most are  young people. The area was dubbed  “New Chinatown,” second only to Yaowarat, due to an emerging large Chinese community in the area.

Transportation within Huai Khwang is very convenient, as it connects to Lat Phrao Road and Pracha Uthit Road. Huai Khwang MRT station provides access to all areas of Bangkok and connection to the BTS Sukhumvit Line. This rapid growth made Huai Khwang a prime real estate location in Bangkok, ideal for both living and investment. It’s a residential hub for office workers, tourists, and businesspeople, particularly the Chinese. More than 100 low-rise and high-rise condo projects situate in the area.

The main office buildings in Huai Kwang include Olympia Building, Thanya Park (Sena Development), Charan Insurance Building, Rungrojthanakul Building, R20 Building, CS Tower, A Tower, and Muang Thai Phatra Building. These buildings serve as major employment hubs of the area.

The expansion of Huai Kwang takes place along the Blue Line MRT route. Significant development projects include the G TOWER and UNILEVER mega-projects at the Rama 9 intersection, Grade A office buildings such as the Stock Exchange of Thailand Building and AIA Capital Center. This rapid development dramatically transformed Huai Khwang and attracted high-end residential projects and hotels into the area. The area that  was once a local trading zone has now evolved into an area with a blended atmosphere of tourism and culture.

Huai Khwang area shows a growing potential, particularly in residential property. Land prices in Huai Khwang have risen to approximately 650,000 baht per square wah, an 8% increase from before. This led to a rise in residential project prices. Condominiums near the MRT station or along Ratchadaphisek Road have an average price around 130,000 – 150,000 baht per square meter. Whereas condominiums in the smaller streets (or soi) have an average price around 50,000 – 80,000 baht per square meter.

Although the new land appraisal prices for 2022–2025 across all of Bangkok increase about 8% on average, the Ratchada–Huai Khwang area has seen a significantly higher change with an average 21.77% increase.

Huai Khwang has established itself as the new CBD and become one of the top residential landmarks favored by foreigners, especially the number one location in the heart of the Chinese in Bangkok.