Chapter One Spark Charan

Chapter One Spark Charan is located at 80 Bang O Subdistrict, Bang Phlat District, Bangkok 10700. This condominium is a High Rise project developed by Pruksa Real Estate Public Company Limited. The project was completed around 2022 and consists of 1 residential building with 26 floors, totaling approximately 696 units, with parking spaces for around 40% of the total units.

The unit types are designed for urban living and include Studio, 1 Bedroom, and 1 Bedroom Plus layouts, with sizes starting from about 23 - 34 square meters. The project is suitable for both end-users and investors seeking rental demand. A key advantage is its location on Charan Sanitwong Road, only about 250 meters from MRT Bang O Station, offering convenient access to central Bangkok, Bang Sue, Tao Poon, and nearby riverside districts.

Facilities include a lobby, co-working space, swimming pool, fitness room, garden, common areas for relaxation and work, and passenger lifts. Security features include key card access, CCTV, and 24-hour security guards. Project management is typically handled by the condominium juristic person to maintain common areas and residential standards.

The surrounding area includes Yanhee Hospital, Bang O Market, Lotus's Charan Sanitwong, and convenient connections to the new Parliament complex and Rama 7 area. For comparison with a nearby condominium, you may also view Lumpini Place Rama 8.

Chapter One Spark Charan (Bang O-Bang Phlat) in 2026 sits in the mid-market segment on Bangkok’s Thonburi side. Its leasing demand is supported by proximity to the MRT Blue Line, Bang O Station, roughly 450 m away, which helps maintain steady tenant flow from the Rama 8-Pinklao office belt and commuters heading into the CBD via interchanges.

• Resale price (per unit): THB 2.55-3.10M for studio to 1-bed layouts (about 24-30 sq.m.)
• Resale price (per sq.m.): THB 105,000-125,000, with well-furnished mid-to-high floor units typically achieving the upper band
• Average rent: THB 10,500-13,500 per month

Rental Yield (2026): Example calculation for a 26 sq.m. unit priced at THB 2.75M and rented at THB 12,000 per month. Annual rent = 12,000 x 12 = THB 144,000. Gross yield = 144,000 ÷ 2,750,000 = 5.24% per year (before common fees, taxes, and vacancy).

Capital Gain outlook: Compared with nearby mass-market competitors (e.g., Lumpini projects around Pinklao-Rama 8), this project can command a premium due to MRT walkability. A reasonable base-case assumption is 2-4% annual price appreciation for well-maintained units priced in line with market liquidity. Key risks include rental competition from newly completed condos and a higher volume of resale listings, which can cap short-term upside.