Located at the crossroads of Bangkok’s most desirable areas, with Siam to it’s west, Sukhumvit to the east and Silom-Sathorn to the south, using the expression the “heart of the city” to describe this neighborhood is not an exaggeration!
Prestigious and perfectly positioned, Ploenchit-Langsuan represents what every part of the Capital aspires to become. The area has transformed in recent years, with a collection of ultra-luxury malls, exclusive hotels, Grade-A offices and a handful of embassies representing the world’s most influential nations.
Ploenchit-Langsuan’s rapid ascent into the lap of luxury, has led some of the city’s property professionals and socialites to compare the district to the iconic Knightsbridge in London or even Tokyo’s Ginza!
Stratospheric Land Prices
Ever growing residential and commercial demand for Ploenchit-Langsuan, combined with increasingly scarce (Almost non-existent) land plots, has put upward pressure on prices. The records for some of Bangkok’s most expensive completed land acquisitions have been recorded in Ploenchit and Langsuan respectively.
In January 2018, a 23-rai plot along Wireless Road, owned by the British Embassy was sold to a consortium of investors Hong Kong Land, Jardine Matheson Group and the Central Group for a staggering Bt 18.6 Billion.
This record is shattered, by an 880 square wah plot located on Langsuan Road, that was acquired by SET Listed SC Asset Corporation for an estimated 3.17 million baht per square wah.
A Prestigious Business Hub and Indulgent Lifestyle!
The neighborhood’s central location and ease of travel to other sections of Bangkok, make the area a prime office and business hub. Several Grade-A office towers are located in the area notably Park Ventures and All Seasons Place.
The area also does a formidable job of blending business with leisure; Ploenchit hosts Central’s flagship and ultra-exclusive “Central Embassy” and Chidlom benefits from Central’s first mall “Central Chidlom”. Dotted all over the area, especially along Ruamrudee, Langsuan and Wireless Road are boutique hotels, award winning restaurants and independent coffee shops.
Another huge benefit contributing to the area’s appeal, is it’s proximity to Lumpini Park; dubbed the “green lungs of Bangkok”, the city’s largest park offers an oasis of lush green space to local residents.
Redefining Bangkok’s Luxury Residences
The quality of the residential options, define the character and exclusivity of a neighborhood; Ploenchit-Langusan undoubtedly offers some of Bangkok’s most beautiful and expensive residential real estate!
Stratospheric land prices, means that residential developers launching projects in the area need to craft unique and exclusive pieces, that offer an unparalleled luxury lifestyle.
This expectation of excellence, has given rise to some stunning projects such as Noble Ploenchit connected to BTS Ploenchit. The project consists of 2 towers, with each unit benefitting from it’s very own private lift; facilities are ultra-indulgent with an urban oasis garden, sky lounges, swimming pool and fitness centre.
28 Chidlom by SC Asset currently under construction promises a world-class lifestyle and a supreme quality of living. With units starting at Bt 13 million, the project consists of 2 towers and promises decadent amenities such as sky lap pool fitness, heated spa and a reading lounge.
Finally a highlight of the notable projects in Ploenchit-Langsuan, would be incomplete without the crown jewel of luxury residences, 98 Wireless by Sansiri. Reputed for being Bangkok’s most expensive address, condo units are reported to have been sold at over Bt 500,000 per square meters. This breathtaking price tag, is justified by an impressive array of uber-luxury amenities, such as Ralph Lauren designed lounges, classy-chic and peaceful common areas and a private concierge and butler services. 98 Wireless is an opulent and prestigious legacy asset that bestows “Status”.
*Fresh Property is a full-scope Property Consultancy specializing in resale and off-plan projects in Bangkok’s most exclusive and desirable neighborhoods. If you are looking for a second-home or investment, please do not hesitate to get into contact!