Central Embassy 2 is the reported second phase of Central Embassy, Central Group’s luxury shopping and hotel complex at the corner of Ploenchit and Wireless Road. It is planned for the former British Embassy land that Hongkong Land and Central Pattana bought in January 2018. Nothing about it is small: one of the largest freehold plots ever to change hands in the city, at the head of a block that already holds Bangkok’s densest cluster of super-prime homes.
Checked 22 October 2026: neither Central Pattana’s second-quarter report of 10 August 2026 nor Hongkong Land’s half-year results of 28 July 2026 mentions the former British Embassy site, and no size, programme or opening date has been published for it. The facts below stand as written.
- 23 rai
- of freehold landThe British Embassy's remaining parcel on Wireless Road, sold in January 2018.
- £420m
- the reported priceTo a joint venture of Hongkong Land and Central Pattana, the listed property arm of Central Group.
- ≈2.52m baht
- per square wah, nearbyOur arithmetic on the reported October 2026 sale of the Dutch Embassy land on the same road; the record, on Sarasin Road, is 3.9m. A square wah is four square metres.
What has actually been announced
The land sale is confirmed. The building on it is not. There is no published size and no opening date.
Read the full explanation
The first Central Embassy opened in 2014, on the former gardens of the British Embassy, and quickly became the street’s defining shopping address.
In January 2018 the embassy sold its remaining land on Wireless Road, roughly 23 rai, for a reported £420 million. The partners have described a high-end mixed-use scheme for it.
Marketing for The Embassy Wireless, the 41-storey Hongkong Land and Noble Development building going up beside it, refers to a future Central Embassy extension directly opposite. What nobody has published is a confirmed size or an opening date. Treat it as announced and reported, not fixed.
What already stands on the same block
This is not a scattering of projects. It is one walkable block, and the homes are already there.
Upper House Residences
Two freehold towers at the centre of the block by City Dynamic, designed by Foster + Partners. 156 homes over 52 floors, expected December 2030; and 239 over 71 floors, expected September 2031.
Langsuan, a few minutes on foot
Scope Langsuan, freehold and finished in 2023 with direct park frontage, and the Sindhorn Village enclave by Siam Sindhorn.
Aman Nai Lert
The finished leasehold Aman address off Wireless Road, already changing hands on the resale market, where Embark advises on the buyer side.
Read the full explanation
At the centre of the block is Upper House Residences Bangkok, the two-tower freehold project by City Dynamic, the City Realty and Swire Properties joint venture. The second tower is The Wireless Residences by Upper House. Embark Estate is one of several appointed sales agencies on both.
Sindhorn Residence, inside Sindhorn Village, was among Thailand’s first LEED Gold residential buildings. The whole block is mapped in detail in our mid-2026 corridor snapshot.
Why land here almost never trades
Embassies, institutions and old family estates hold most of it. When a plot does come up, the price sets a record.
New supply on this block will always be limited by geography before it is limited by demand.
Read the full explanation
In October 2026 Thai business media reported that the Dutch Embassy land on Wireless Road had sold for more than THB 20 billion, about 2.52 million baht per square wah on our arithmetic, below what the market had expected; the record, paid on nearby Sarasin Road in 2020, is 3.9 million. The sale is reported, not confirmed: what is known about it. Either way, this block carries some of the highest land values in Bangkok.
The read for a buyer
A shopping and hotel anchor of this size, doubled, deepens the daily life of everything around it.
Read the full explanation
In our own client flow, demand on the park axis runs across a steady Thai base and international buyers led by mainland China, Taiwan, Japan, Myanmar and the United States, with the United Kingdom and France leading from Europe.
For the longer story of how an embassy street became a residential one, see the evolution of Wireless Road, and for the wider area, our guide to the Lumphini park axis.
