Ratchadaphisek is a established-tier Class A submarket of Bangkok with average asking rent around ฿800/sqm/mo · ≈ $25 PSF/yr USD.
Suburban Class A corridor. · Tier: established · Avg rent: ฿800/sqm/mo · ≈ $25 PSF/yr USD
Ratchadaphisek in north-east Bangkok anchors the suburban Class A corridor — deep tech and call-centre tenancy and the Thailand Cultural Centre area.
Tech, BPO, telecom, professional services, hospitality.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Thailand Cultural Centre, Phra Ram 9 (MRT Blue).
Multi-modal transit captures the metro's principal professional catchment.
The Street Ratchada, Esplanade Cineplex.
Ratchadaphisek is one of 5 Class A submarkets we cover in Bangkok, classified as established tier with an average asking rent around ฿800/sqm/mo · ≈ $25 PSF/yr USD. Compared with the broader Bangkok Class A stock, Ratchadaphisek typically attracts Tech, BPO, telecom, professional services, hospitality and competes most directly with the city's other established submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Ratchadaphisek: Sathorn, Silom, Sukhumvit (Asok-Thonglor), Wireless Road & Ploenchit. The full Bangkok submarket atlas is at /cities/bangkok.
For an institutional Class A occupier evaluating Ratchadaphisek, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Bangkok Class A leasing and to the established tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.