NEWS & EVENTS
Charoen Krung-Rama III: The Golden Address for Riverside Living.
The timeless allure of Chao Phraya Riverfront condos continues to captivate buyers. With their stunning panoramic river views, these properties have become a favorite among both locals and foreigners.
The Charoen Krung – Rama III district stands out as a premier destination for upscale riverside living in Bangkok. Condominiums in this area are in the middle to premium segment, averaging between 100,000 to 250,000 baht per square meter.”
The Charoen Krung – Rama III road is a vital artery in Bangkok, winding its way from the bustling districts of Yaowarat and Talad Noi. It passes the iconic Taksin Bridge and continues to Thanon Tok in Rama III. Offering a scenic route parallel to the majestic Chao Phraya River.
Along the entire stretch of Charoen Krung Road to Rama III Road, there are numerous workplaces and large office buildings, such as the Supalai Grand Tower, Bangkok Bank Rama III branch, and Krungsri Bank headquarter. There are also world-class attractions like Asiatique The Riverfront and shopping malls such as Terminal 21 Rama III and Central Rama III. A variety of hotels and condominiums are located along the road.
Knight Frank Thailand revealed that the Chao Phraya Riverfront condominium market continues to grow steadily, despite the challenges of balancing supply and demand. In 2023, lands along Bangkok’s riverside saw the most significant condominium development, driven by its close proximity to the economic center and the growing demand for upscale living. Supply grew by 8.8%, with 21 riverfront condominium projects representing 2.3% of the market and achieving average sales of 84.7%.
Riverfront condominiums offer a unique blend of luxury and exclusivity. The low-density residential design and prime locations make properties in Charoen Krung – Rama III highly desirable. With limited supply and growing demand, riverfront developments present a strong investment opportunity. Whether you plan to live in the property or use it as a rental, the potential for future appreciation is significant, especially when compared to the abundant supply of condominiums in the city center.
