From Tiwanon Road to Chaengwattana, Ramindra is an area with many affordable housing projects, causing developers to rarely launch condos. But after the Pink Line electric train project occurred, it caused the price of land to move up 3-7% per year, as well as causing more excitement in condominiums with a low price of 3 million baht.

"Pink Line Electric Railway" (Khae Rai - Min Buri), which has a distance of over 34.5 kilometers, with 30 stations along the route. which is expected to be partially open for service at the end of November 2023, then fully open for service in 2024, is considered another light rail route that serves as a "connector" to Nonthaburi Province and Northern Bangkok

Helping people who want to travel to Bangkok Inner layer from the northern Bangkok area or from Nonthaburi Province is more convenient Most importantly, it will be another option for people in Nonthaburi province who want to enter Bangkok. But do not want to enter the inner city area, which the "Pink Line" is another electric train route that does not have a direct route into the inner city, like the Yellow Line.

Surachet Kongcheep, Managing Director of Property DNA Company Limited, said that the area along the Pink Line route from Tiwanon Chaengwattana Road in Nonthaburi Province and Chaengwattana Ramintra in Bangkok is an area with affordable housing projects. It's a lot! Therefore, it is an option for people who are interested in purchasing a residence that is “Housing projects” in this location, which are more numerous than condominiums

Many real estate developers therefore sell condominium projects in a small number of areas along the Pink Line route. Compared to other mass transit routes, the number of new condominiums launched for sale each year is small.

Meanwhile, there are many housing developments in the area along the Pink Line route with a selling price not exceeding 3 million baht! This is a selling price level that is no different from condominiums for sale in the same area. In addition, it received quite a lot of attention. It can be seen from the sales rate of more than 85% that it is a factor that makes the number of condominium projects along the Pink Line not too impressive.

Currently, the accumulated number of condominiums in the area along the Pink Line route is 26,270 units, which have been open since 2018 and there are not many new condominiums for sale. Because besides the selling price between houses and condominiums being no different, there are also "restrictions" on development from the Bangkok city plan.

That is the restriction on the development of buildings with an area of more than 10,000 square meters in some areas of Ramindra Road. There are only some areas where buildings with an area of more than 10,000 square meters can be developed! This causes real estate entrepreneurs to have to "wait" for the new Bangkok City Plan to be announced first. Therefore, the condominium project will be opened for sale because there may be changes in the development restrictions in the area along Ramindra Road.