Bangna-Trad emerges as strategic investment hotspot in Bangkok

MONDAY, DECEMBER 16, 2024

Thanks to its easy access to Suvarnabhumi Airport and the Eastern Economic Corridor, this suburb is fast emerging as a prime growth area

Bangkok’s Bangna-Trad area is fast emerging as a strategic hotspot, attracting substantial investments from leading real-estate developers and foreign investors. 

Recognised for its potential as a gateway to Suvarnabhumi International Airport, connectivity to key routes in the capital and proximity to the Eastern Economic Corridor (EEC), the area is well-positioned as a prime location for future growth. 

Investment activity in Bangna is heating up, with major players such as Central Group and The Mall Group advancing large-scale projects to strengthen their retail portfolios.

Most recently, CPAXTRA Public Company Limited announced an investment of more than 8.39 billion baht in “The Happitat”, a mixed-use development in The Forestias project, further revitalising the Bangna area. 

Central Pattana (CPN) has also bolstered its position in the area by acquiring Siam Future Development Public Company Limited (SF), the owner of Mega Bangna, for over 20 billion baht. This acquisition makes CPN the operator of ASEAN’s largest horizontal shopping centre, Mega Bangna,  strengthening its retail portfolio and regional competitiveness. 

The Mall Group, meanwhile, is progressing with the 50-billion-baht Bangkok Mall project, set to become the largest shopping mall in the region. The project features event spaces, luxury hotels and comprehensive entertainment facilities, strategically located to connect Bangkok’s city centre with the EEC. 

Despite intense competition from major players, CPAXTRA remains optimistic about the area’s potential, driven by strong purchasing power from the growing population. The Forestias project and surrounding premium residential developments, including high-end housing estates and new condominiums, are key drivers of growth. 

The area also caters to affluent Thais, expats working in Bangkok and students at international schools, such as Bangkok Pattana, creating opportunities for premium lifestyle-oriented developments. 

With expanding infrastructure, including the MRT Yellow Line and BTS Green Line, motorways, expressways and the high-speed rail linking three airports, Bangna-Trad has evolved into a hub for premium business and lifestyle opportunities, attracting both investors and consumers. 

Bangna is no longer an economic route but is transforming into a strategic focal point connecting the capital with regional markets. Both domestic and international investors are actively developing the area to create opportunities and enhance the area’s economic value.