– Presenting a new model of a community mall combined with urban fresh market, offering daily convenience, modern design and a wide range of comprehensive products and services in the heart of the Phahonyothin-Watcharapol area in northern Bangkok, supporting residential growth in the region

– Decoding the success of leading community malls in other countries to ensure that this latest community mall aligns with the lifestyles of Thai people while applying valuable insights to meet a diverse range of needs

– Joining hands with Central Group’s affiliates such as Tops and Auto1, while also bringing together 360 Health & Beauty service centers, PETClub, shops and restaurants including several famous Michelin-starred restaurants from Yaowarat (Chinatown) and Banthat Thong

Central Pattana plc, Thailand’s no.1 leading real estate developer for sustainability, under the vision of ‘Imagining Better Futures for All’, connecting Retail, Residence, Hotel and Office projects together to ensure the strength of ‘The Ecosystem for All’, has launched ‘Market Place ThepRak’, with a brand new model concept of community mall plus urban fresh market. Located in the heart of the Phahonyothin-Watcharapol neighborhood, Market Place ThepRak offers the most complete range of products, services and convenience in the area, with more than 360 stores on a total project area of 7,300 m². Market Place ThepRak will serve as a new Center of Life, elevating and creating the best experiences for customers in northern Bangkok

Market Place ThepRak was honored by management members of Central Pattana plc, including Ms. Wallaya Chirathivat, President and Chief Executive Officer, Mr. Chanavat Uahwatanasakul President, Retail and Development, Mr. Wuttikiat Techamongklapiwat, Chief Operating Officer, Asset Management Group 2, Ms. Surang Jirattigalachote, Executive Project Director and Ms. Thanisa Joseph, Head of Community Mall Business, who participated at the opening event

Mr. Wuttikiat Techamongklapiwat, Chief Operating Officer, Asset Management Group 2, Central Pattana plc, said: “Central Pattana has expertise in space development and providing experiences that consistently meet our customers’ needs. Our new community mall model will synergize with other models in the same ecosystem and will help us further fulfil our customers’ needs. ‘Market Place ThepRak’ is our first community mall project with this new model, where the appearance and design align with a more modern aesthetic, combining a community mall and an urban fresh market. Market Place ThepRak is ‘neighbourhood-centric’, aiming to meet the diverse needs of local people with its variety of shops, restaurants, and after-work hangout venues. In addition, Market Place ThepRak also holds a number of events and activities such as outdoor market, weekend market and activities for a pet-friendly community, which will help to further strengthen the community. Market Place ThepRak is a venue for everyone to spend time daily and welcomes families and customers with lifestyles that want more convenience. The ThepRak neighborhood is a high-growth residential area due to increased business opportunities and fulfilling the needs of the local people in the area from various housing zones. Currently, there are more than 174,000 residential units, with an increase of 2.4% per year and a population of almost 400,000 people”

Unveiling 3 formulas for the success of ‘Market Place ThepRak’, a new lifestyle hub in the heart of the Phahonyothin-Watcharapol area

1. New model of community mall – combining the strengths of the community mall model with urban fresh market, a modern, high-quality, clean and safe fresh market, creating freshness in the Thai retail industry and fulfilling the lifestyles of urban people with daily convenience, where customers can enjoy an all-in-one-place experience

2. New insights – an insight study of consumer behavior in the Phahonyothin-Watcharapol area indicates that it is a high-growth residential area that includes target groups with high purchasing power who prefer a more balanced lifestyle. The target groups prefer convenience and require public spaces in a positive environment, and are concerned about hygiene. In addition, city dwellers have limited time and may not want to travel too far after work while still looking for a place to hang out and socialize. The insight study revealed that urbanites prefer to enjoy activities with their families in a venue closer to their home, are environmentally conscious and place importance on a sustainable community to further improve their quality of life

3. Rebranding – adapting the ‘brand identity’ towards a more modern mood and tone to fulfil daily convenience, flexible hours and lifestyles, elevating the standards of the Thai community mall to be on par with international markets, and changing the look of the Thai community mall

‘Market Place ThepRak’ Highlights: all in one place with popular brands and stores in the best location with the most convenient transportation

The most complete in the area, comprising 60 stores in a community mall area of ​​5,800 m² in addition to over 300 stores in a clean and modern urban fresh market area of ​​1,500 m²

– Food Destination – a variety of restaurants ranging from trendy restaurants, family restaurants, and after-work chill-out venues; be amazed by the delicious food from popular street food restaurants

– Urban Fresh Market – a new and modern fresh market that pays attention to quality, cleanliness and safety. Enjoy shopping for fresh food, seafood, organic food and a wide range of premium ingredients from around the world in various stores such as Ready to Eat, Grab & Go, Take Home etc

– Family & Co-creation Space – a relaxing and activity area for everyone in the family to enjoy such as a kid’s playground and a pet-friendly zone where visitors can walk their pets

– Health & Beauty – complete with shops and services for health and beauty

– Space for Events such as tourism events, food fairs and health fairs etc

Bringing together a full range of popular brands and shops, including Tops Supermarket, popular restaurants and street food stalls such as Rad Na Yot Pak from the Chao Pho Suea Shrine, Cook Kee Mao from Banthat Thong, Cheng Sim Ee, Moo Tord Jeh Jong, Tigerburnsfire Teppanyaki, Shanghai (steamed buns and chicken with rice), Pak Ban Tai (organic vegetables), Rad Na Hia Uan Yaowarat, Pad Thai Rod Cha, Kong Si Tea Bar, Chao Lay Seafood, and Sawasdee Mae Ole Fried Tofu in addition to services such as AUTO1 under Central Group and PETClub, premium products for pets and many more services

New design with low-rise building in a cool and shady tropical atmosphere, with space for everyone in the family, a pet-friendly space, and convenient parking for over 200 vehicles

Convenient transportation – by private car only five minutes from Phahonyothin Road and only 10-15 minutes from Vibhavadi Road; take the Chalongrat Expressway or Watcharapol Road or alternatively, travel by BTS Green Line, which takes only seven minutes from Sai Yud Station

Market Place ThepRak represents another piece of the puzzle that is further strengthening Central Pattana’s ecosystem and demonstrates its vision of ‘Imagining Better Futures for All’ and the company’s commitment to creating a Centre of Life that truly meets the lifestyle needs of all people in the local community

For the latest news and updates from Central Pattana, please visit:

https://www.centralpattana.co.th/th/shopping/shopping-update/lifestyle-activities

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