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Phaya Thai vs Ratchadapisek Office Space: Rent, Vacancy & Buildings Compared

A side-by-side, number-for-number look at Phaya Thai vs Ratchadapisek as of Aug 2026. Weighted rent is ฿830 in Phaya Thai vs ฿689/sqm/month in Ratchadapisek — Ratchadapisek is about 17% cheaper. Phaya Thai runs 87.1% occupancy (49,149 sqm free); Ratchadapisek runs 89.3% (47,740 sqm free). See the full table below and which area suits which kind of tenant.

Analysis by Jirayus Boonyarattapan · data as of Aug 2026
💰 Cheaper: Ratchadapisek (~17%) 🔎 More choice: Phaya Thai 🏢 Larger market: Ratchadapisek
🔀 Compare any two areas
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Head-to-head: Phaya Thai vs Ratchadapisek

Office market comparison of Phaya Thai and Ratchadapisek
Metric Phaya Thai Ratchadapisek
Weighted rent ฿/sqm ฿830 ฿689
Median rent ฿/sqm ฿535 ฿550
Rent range ฿/sqm ฿435–1,200 ฿275–1,000
Occupancy 87.1% 89.3%
Availability 12.9% 10.7%
Total NLA (sqm) 380,409 448,109
Available (sqm) 49,149 47,740
Listings available 223 160
Buildings in area 14 28
Grade A share (proxy) 52% 0%
Grade A rent ฿/sqm ฿1,081
Large vacant (>1,000 sqm) 4,379 sqm 12,754 sqm

"อาคารในย่าน" is every office building we track there (Phaya Thai 14, Ratchadapisek 28); the rent and occupancy figures are computed from the buildings with current market data (Phaya Thai 13, Ratchadapisek 22). Asking rent, weighted by verified vacant-space size; occupancy is estimated, not a census. As of Aug 2026.

Rent side by side

Weighted Median
฿0 ฿250 ฿500 ฿750 ฿1,000 ฿830 ฿535 Phaya Thai ฿689 ฿550 Ratchadapisek
📖 Reading this chart
Each area shows two bars: weighted (dark = average of advertised vacant space) and median (light = the middle building). Phaya Thai is ฿830 weighted / ฿535 median; Ratchadapisek is ฿689 / ฿550. Ratchadapisek is about 17% cheaper. When weighted sits well above median, most of the vacant space is concentrated in the pricier (usually newer/larger) buildings.

Office buildings in Phaya Thai and Ratchadapisek

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FAQ

Is Phaya Thai or Ratchadapisek cheaper for office rent?

Ratchadapisek is about 17% cheaper on weighted rent (Phaya Thai ฿830 vs Ratchadapisek ฿689/sqm/month). These are asking prices as of Aug 2026; effective rent is negotiable.

Which area has more available space?

Phaya Thai has 49,149 sqm free (223 listings, 87.1% occupancy); Ratchadapisek has 47,740 sqm (160 listings, 89.3%). The area with lower occupancy usually offers more choice and bargaining power.

Which area has more Grade A space?

Grade-A (proxy) share is about 52% of stock in Phaya Thai and 0% in Ratchadapisek.

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Verified Aug 2026 · Market data. To rent, use the area links above or call 081-682-4898

📞 Jirayus 081-682-4898