Bangkok CBD has been a great place for new commercial and residential spaces. In fact, there are 4 upcoming shopping centers in the area that you can look forward to. These include EMSFERE, Bangkok Mall and Siamscape. If you are planning to buy a condominium in Thailand and don’t want to miss out on great real estate deals, do not forget to spot the proximity of the property to upcoming malls. In case you are wondering what these shopping centers can offer, here’s the ultimate guide for you.
Emsphere is going to be the third major mall in the EM District of Bangkok. It’s going to be an expansion of the retail project of the EM District, which will be a mixed-use building. According to the company, the EmSphere will host retails and offices. It will be located beside Benjasiri Park, a few walks away from Phong BTS Skytrain Station and EM District Complex.
What you will find within the mall are luxury brands from around the world. There will also be local lifestyle brands that will surely fit the preference of locals and those who are trying to look for souvenirs from Thailand. The lavish mall will likewise open expensive dining places to address the demands of customers for sophisticated dining experience.
Apart from this, Emsphere will also construct Em Live, the first arena and entertainment complex in the area. The cost of this building will be at Bt3.5 billion that will cover the 16-rai plot situated in Sukhumvit Road close to Benjasiri Park. The complex is expected to open in 2022.
Bangkok Mall will soon open in 2023 according to the Mall Group. It is in line with the company’s statement in 2014 that it will build the largest mall not only in Thailand but in the whole Southeast Asia region. Bangkok Mall is going to stand on 39 acres of land, which is three times bigger than the Siam Paragon. It will be located in Bang Na, accessible either from Udom Suk BTS Station or Bang Na BTS Station and will house different popular international and local brand names. If you are into shopping, Bangkok Mall might just be the perfect place for you.
Aside from the mall itself, the Mall Group is also scheduled to construct the Bangkok Arena that will be dedicated to entertainment and sports. The area will be located in KM 1 of Bangna-Trat Road, which is on the opposite side of Bangkok International Trade & Exhibition Center (BITEC). It will open in 2023 as well.
Another shopping center to look forward to in Bangkok is the Siamscape Building. According to its official website, the project will consist of a modern office building and a prominent shop where all brands and concepts can be discovered. This shopping center is going to be a hit because of its goal to share resources both in lifestyle and business. Siamscape plans to open in the end of 2020 and will be complementing Siam Square in Pathum Wan District in Bangkok. Siamscape will be easily reachable either from National Stadium BTS Station or Siam BTS Station.
Terminal 21 Rama III
LH Mall & Hotel Co (LHMH), owner of Grand Centre Point hotels and Terminal 21 malls are building a new mall on Rama III road. The construction of Terminal 21 Rama III has started in 2019 on a 15-rai (2.4-hectare) land plot next to the Montien Riverside Hotel with an eye for a mid-2022 opening. Terminal 21 Rama 3 shopping complex will host a cinema, a supermarket, Food Hall and hundreds of shops, cafes and restaurants. Located on the riverside, Saphan Taksin BTS Station is the closest public transport.
If you are a real estate investor, these upcoming malls in Bangkok can be an opportunity for you to grow your investments. Since shopping centers usually draw more traffic, you can look for condominiums in Bangkok near their locations if you are going to use the property for investment purposes. As early as now, you should buy a condominium in Thailand close to where these malls are going to stand if you want better returns from your investments. Bangkok property for sale is surely being put up in these areas, don’t waste the chance and start planning your property acquisition if you don’t want to miss out on great real estate deals.
Properties for sale in Bangkok, especially close from the areas mentioned above become scarce if you are willing to invest in real estate. With various choices and budget in the condominiums for sale in Bangkok and investment in Bangkok properties, the team at Keller Henson will help you to find the best spot that’s right for your preferred objective.