Bangkok in 2020: More Property Developments And A Thriving EV Industry

Tourists in Bangkok often look for different kinds of accommodation in the city— from cheap hotels, to family friendly ones, to five-star hotels. Central Rama 9 is a popular tourist destination, and so booking accommodation at a hotel near Central Rama 9 is something that many hope to do so because of its accessibility.


Bangkok in the Near Future

Some may find the city’s transformation as the city’s change from a beautiful one to a more commercialized one with business areas populating the place, but within two years, this could change.


Property Development and Transportation

Tourists looking for a hotel in Central Rama 9, Sathorn, Riverside, and Bang Sue will have even more options as 2020 ushers in.


According to chief executive for premium business at Pruksa Real Estate Plc Prasert Taedullyasatit, Bang Sue Grand Station is going to be Bangkok’s King’s Cross station as it offers mass transit for locals and tourists. The station is set to connect major transport networks within the city, easily accessible from the different hotels and businesses in the surrounding area. New property developments also happen in this area of the city, which would all be accessible thanks to said development.


The riverside area of the city is home to luxury property development, including some residential projects such as Banyan Tree Riverside Bangkok, Magnolias Waterfront Residences, and The Residences at Mandarin Oriental, Bangkok.


Rama 9 itself is teeming with property developments such as The Parq, which is a 20 billion baht investment of the TCC Assets and Frasers Property Holdings Thailand.


The Suvarnabhumi Airport is also set for the second phase of its expansion plan, providing its services to up to 60 million passengers each year.


Electric Vehicles

Thailand ranked ninth in the world’s top car-producing nations in 2012 and 2013, and 12th in 2017. It shows the country’s growing automotive industry, and part of this is Thailand’s efforts towards new-generation vehicles.


Launched in March 2017, Thailand’s electric vehicle scheme has marked the country’s step towards electric vehicles and their efforts to become the leading car manufacturer in Southeast Asia and the world. There are high expectations that the industry will thrive and grow even faster before 2020.