NEWS & EVENTS
Ploenchit: the Prime Area of Ultimate Luxury in the Heart of Bangkok
Ploenchit is inarguably the prime area of Bangkok. It is the perfect business district with numerous luxurious amenities, condominiums, and shopping centers. This area is concentrated with grade A office buildings, world-class hotels, and many financial headquarters.
The ultimate luxury in Ploenchit existed from the past Bangkok days. At that time, Phraya Bhakdi Noraset Lert Sreshthaputra owned many plots of land in the area. He later sold some land plots to the British embassy. Since then, the surroundings have developed into the British embassy, the US embassy, the Japanese embassy, New Zealand embassy, and Switzerland embassy. The development marked this area as “the embassy row” of Bangkok.
Ploenchit area is conveniently connected to various major roads such as Rama 1 road, wireless road, Ratchadamri road, Sukhumvit road, and expressway entrance/exit. BTS sky trains pass through this area with several stations along the line. The area continuously experiences real estate developments including office buildings, hotels, condominiums, which highly attract both investors and homebuyers from local and oversea.
Condominiums in the Ploenchit area are mostly high-end and pricing at 420,000 Baht per sqm on average. The most expensive condominium is also located in this area. Many developers fiercely compete for the land plots in this area which propel the land price up to 2 to 3.9 million baht per wa. Resulting in the condominium price at 350,000 to 600,000 baht per sqm.
Ploenchit is never short of amenities and landmarks. Top tier shopping centers such as Central Plaza Chidlom, the Mercuryville at Chidlom, Amarin Gaysorn Plaza, Central Embassy, Centralworld Plaza, Gaysorn Village are all situated within this area. Top class office buildings in the area are such as The Office at Centralworld, Gaysorn Office Tower, vanissa building, Krungsri Bank, Park Avenue, One City Center, and All Seasons Place. World class hotels in this area are such as Grand Hyatt Erawan, Park Hyatt Bangkok, Renaissance, Kimpton Maa-Lai Bangkok, Sindhorn Kempinski Hotel.
Ploenchit area houses many Prestigious academic institutes such as Mulberry House International Pre School, Triamudomsuksa School, Chulalongkorn University, Police Nursing School. Hospitals in this area are top-tier including Bumrungrad International Hospital, Police Hospital, and Chulalongkorn Hospital.
It is undoubtedly that Ploenchit is the area that definitely grows in value. The properties in this area are suitable for long-term assets. Their value definitely increases with the unwavering demand in the area, which make both the investors and homebuyers highly sought after the condominiums in the Ploenchit area.