The city of Bangkok continues to expand due to the growth in business and population. Many neighborhoods continuously transform with the expansion. Bangkok’s CBD has expanded beyond Silom, Sathorn, and Inner Sukhumvit areas. 

Ratchada-Rama 9 is one of the areas that benefits from the expansion of Bangkok’s CBD. The area is the center that connects to numerous major road networks such as Sukhumvit, Asoke, Dindaeng, Rama 9, Vibhavadi-Rangsit. Many grade A and grade B offices are located within the Ratchada-Rama 9 areas. The area is the transportation hub that provides convenient transfer between MRT, BTS, and Airport Link.

Ratchada-Rama 9 areas are highly popular and attractive among foreigners such as Japanese, Chinese, Korean, and Europeans. They purchased the property in these areas as their second home and for investment. The areas are known as “Little Chinatown” due to the influx of Chinese people into the areas. The location of the Embassy of China, Bank of China, Chinese Duty Free store, and the Embassy of South Korea greatly attract the Chinese and South Koreans into the areas. There are many attractions in Ratchada-Rama9 areas that serve the modern lifestyle including shopping malls such as Central Plaza Rama 9, Fortune Town, and The Street Ratchada. Numerous restaurants, cafes, and over 200 stores are open day and night. Make these areas the 24-hour destination of Bangkok. 

At night time, “Jod Fair Night Market” is the go to destination for both tourists and locals. It is conveniently located behind Central Plaza Rama 9. Accessible by MRT Blue Line, Rama 9 station exit 2. The market is open from 16.00 to 24.00. Jod Fair Night Market offers exciting experiences including creative and delicious street foods, colorful nightlife, and vibrant culture from over 700 stalls. Grab Travel Insight ranked Jod Fair in the top 5 popular destinations in 2022.

Rental yield in Ratchada-Rama 9 areas are at 4.5% to 5.4% per year depending on the locations, the property condition, and room size. Capital gain is about 4% to 5% per year. The resale value is about 70,000 to 225,000 THB per sqm.

The incoming mega projects will continue to keep Ratchada-Rama 9 areas on the rise. The area will feature many new mixed-use projects such as AIA Ratchada 2 (31 floors, total area 110,000 sqm.) and Property Perfect Mixed-use + Jod Fair (total area 93,000 sqm.). The renovated Thailand Cultural Center will surely be the center that attracts people from all over the world. The variety in these areas include a variety of lifestyles, shopping places, restaurants, cafes that can serve people from many countries around the world. The extensive variety in the areas make Ratchada-Rama 9 areas an exciting place to live in Bangkok.