Market Intelligence
Commercial Research
Data-driven insights into Song Wat Road's business landscape — the metrics that power smart location decisions.
Total Businesses
185
+11% YoY
Avg. Foot Traffic/Day
9,400
+18% YoY
New Openings (2025)
48
+17% vs 2024
Avg. Rent/Sqm
฿960
+8% YoY
Business Format Distribution
F&B52 (28%)
Cafes, restaurants, street food, bars
Art Galleries22 (12%)
Contemporary art, photography, craft
Retail41 (22%)
Boutiques, vintage shops, specialty goods
Hotels & Hostels15 (8%)
Boutique hotels, hostels, guesthouses
Services25 (14%)
Tailors, printers, logistics, banking
Traditional Shops30 (16%)
Heritage traders, wholesalers, suppliers
Net Business Growth
Annual net change in active businesses
-72020
-42021
+182022
+292023
+332024
+422025
Rental Trends
Average rent per sqm (฿) & vacancy rate (%)
Q1 2024
฿78012%
Q2 2024
฿81010%
Q3 2024
฿8358%
Q4 2024
฿8507%
Q1 2025
฿8906%
Q2 2025
฿9205%
Q3 2025
฿9455%
Q4 2025
฿9604%
Daily Foot Traffic Patterns
Estimated pedestrian count by hour — weekdays vs weekends
Weekday
Weekend