Ratchathewi - Victory Monument

Ratchathewi – Victory Monument is the corridor from South of Petchaburi Road north to the Victory Monument, and from Rama 6 Road to the west and Phahonyothin Road to the east. It encompasses BTS Ratchathewi, Phaya Thai and Victory Monument Stations, and Airport Rail Link (ARL) Phaya Thai and Ratchaprarop Stations. The MRT Orange Line (Western Extension), planned to open in 2025, will interchange at BTS Ratchathewi, with stations at Pratunam, Ratchaprarop and Rang Nam. Victory Monument is also a hub for many bus lines. Surrounded by diverse street food and lively bars, Victory Monument is the forefront landmark representing the district as well as one of Bangkok’s busiest and most congested intersections.

Residents are mainly Thais, especially Chulalongkorn University students and staff, and people who work in the city center, with some western expats. Many government offices are located along Phahonyothin Road and Rama 6 Road.
 

Recent Developments and Average Prices

Local condominium prices average THB 170,000 – 250,000 per square meter. Recent projects include:
 

• Ideo Mobi Rangnam, developed by Ananda Development, units priced from THB 4.87 to 11.33 million (THB 189,000 per/sq. m.), completed in 2019.
• Rhythm Rangnam, developed by AP (Thailand), units priced from THB 5.9 to 13.7 million (THB 220,000 per/sq. m.), completed in 2018.
• The Line Ratchathewi, developed by Sansiri, units priced from THB 6.35 to 40.5 million (THB 225k – 330,000 / sq. m.), completed in 2018. 
• M Phayathai, developed by Major Development, units priced from THB 7.9 to 29 million (THB 242,000 per/sq. m.), completed in 2014.

Hospitality and Retail Venues

The Ratchathewi – Victory Monument area is a popular neighborhood for hotels of all kinds, high-end as well as more modest options. Most notable include:

Luxury:

• Pullman Bangkok King Power, 0.3 km from BTS-Victory Monument, rated 8.9 – the room rate is THB 1,827
• The Sukosol Hotel Bangkok, 0.6 km from BTS-Victory Monument, rated 8.7 – the room rate is THB 1,960

Mid-Range:

• De Prime @ Rangnam, 0.5 km from BTS-Victory Monument, rated 8.5 – the room rate is THB 918
• Hotel Tranz, 0.7 km from BTS-Victory Monument., rated 8.8 – the room rate is THB 1,285

Budget:

• Yellow Rooms Victory Monument, 0.2 km from BTS-Victory Monument, rated 9.0 - the room rate is THB 1,041
• VIX Bangkok at Victory Monument, 0.4 km from BTS-Victory Monument, rated 9.2 - the room rate is THB 900

Asia Building, at Phaya Thai Road, is a converted parking garage that includes two co-working spaces, Ne8t Co-making Space and Joint Cafe & Workspace, and also a dance school, Groove Studio Bangkok.

The Ratchathewi – Victory Monument area is a shopper's paradise. Platinum Fashion Mall at Petchaburi Road near Ratchadamri Road is a popular indoor shopping destination filled with retail and wholesale clothing shops. Nearby Pratunam Market, at the intersection of Petchaburi and Ratchaprarop Roads, is a bustling market lined with stalls offering clothing, shoes, accessories and street food. Across the street, Palladium World Shopping is an indoor, air-conditioned version of Pratunam Market, with some of the lowest clothing prices in town. Other bargain malls in the immediate vicinity are City Complex and Krung Thong Plaza. Indra Square, at Ratchaprarop Soi 1, is Bangkok's “Little India” shopping mall. At Petchaburi Soi 22 is Pantip Plaza, Bangkok's first and largest source of computers and electronics.

Nearby on Victory Monument Circle are Victory Corner, Victory Mall and Center One Shopping Plaza. Century the Movie Plaza, at Soi Rang Nam, includes a Tops Supermarket, an eight-screen cineplex and an “education zone”. Across the street is King Power Downtown Complex, a giant duty-free shop. South of BTS Ratchathewi Station is a cluster of large malls, including Siam Discovery, Siam Square, Siam Center, Siam Paragon and MBK Center.
 

Food & Beverage

A variety of Thai and foreign restaurants are available in the area including:
 

• Peace Oriental Teahouse, Chinese and Japanese tea house. 
• Pathe Antique and Restaurant Everest Kitchen, Indian Food.
• Eat Am Re, American Steakhouse.
• Victory Point, located in front of Centre One Shopping mall, is made up of an assortment of open-air food stalls serving a variety of delicious inexpensive Thai dishes.
• Kuang Seafood, Soi Rangnam is considered as one of the best streets for authentic Thai dining, with this restaurant offering a large variety of fresh seafood.

NightLife
 

Nightlife in Ratchathewi - Victory Monument is exciting and varied with some of the most notable venues being:
 

• The Saxophone pub, presenting the best of Bangkok's blues and jazz scene for decades. 
• Coco Walk, a small plaza hosting a cluster of bars and pubs, including Coco Walk Pub, The Rock Pub, Chilling House and Wink Bar @ Cocowalk. 
• Hua Rod Juk Rang Rod Fai, an outdoor bar with excellent local music.
• Heap Pub & Restaurant, a huge venue popular with locals.
• Heap Victory Monument, a venue serving specialty craft beer. 
   

Culture & Arts

The Journey Stories located near BTS Ratchathewi is an art workshop. Nearby is Let's Relax, a spa popular with Thais and foreigners. Santiphap Park, between Ratchawithi Road and Soi Rang Nam, has walking/jogging trails. Additionally, the Thai-Japan Youth Centre, located in Din Daeng, is a sports complex including facilities like a running track, public tennis courts, gymnastics equipment and a martial arts training facility.

Queen Savang Vadhana Museum and the surrounding grounds of Sra Pathum Palace are located on Phaya Thai Road north of Rama 1 Road. Nearby on Phaya Thai Road is the Bangkok Art and Cultural Center, offering art exhibitions, classes, artist supply stores and a small concert hall for classical music events. Suan Pukkad Palace at Si Ayutthaya Road features a group of four traditional Thai houses connected by covered hallways and another four separated Thai houses. These houses have Thai antiques on display, including 4,000-year-old Ban Chiang pottery. Phayathai Palace at Ratchawithi Road is a national historic building on the grounds of Phra Mongkutklao Hospital which has served as an international hotel and retreat for King Rama V.
 

Education and Healthcare
 

Among the many education options available in this neighborhood are Santirat Wittayalai School, Siam Singapore International School, Amnuay Silpa School, Phaya Thai School, Boromrajonani College of Nursing, Phramongkutklao College of Medicine, Mahidol University, Ramathibodi School of Nursing (Mahidol University), and Valaya Alongkorn Rajabhat University, with easy access to Triam Udom Suksa School, Pathumwan Demonstration School, Chulalongkorn University Demonstration School and  Chulalongkorn University.

Local medical facilities include Rajavithi Hospital (at Victory Monument); Phyathai 1 Hospital and Priest Hospital (at Si Ayutthaya Road); Phra Mongkutklao Hospital, Queen Sirikit National Institute of Child Health, Institute of Dermatology and Prasat Neurological Hospital and Institute (at Ratchawithi Road); Bhumirajanagarindra Kidney Institute Hospital (at Phaya Thai Road); Ramathibodi Hospital and the National Cancer Institute of Thailand (at Rama 6 Road).

Local houses of worship include Xavier's Hall Catholic Church, New Vision Baptist Church, Daru al Falha Mosque and Wat Apai Tharam.