Chapter One Spark Charan
10/1 83/2, Charan Sanit Wong Road, Bang O Subdistrict, Bang Phlat District, Bangkok, 10700
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EIA Permission
Quantity
Completed
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Project Concept
Chapter One Spark Charan is shaped around the idea of “sparking” everyday urban life on Bangkok’s Thonburi side. The design draws from the Charan-Bang O area-energetic and practical, yet still rooted in neighborhood character-and translates it into a contemporary building language with clean lines and a lighter massing strategy to bring in daylight and reduce the heavy feel of dense city blocks.
Common areas are planned as a “spark space” that supports multiple rhythms in one day: working, meeting, and recharging. Material and color tones lean warm-modern, with durable, easy-care finishes that fit real living and long-term rental use. Unit planning focuses on efficiency: flexible corners for multi-purpose use, clear circulation, and openings that encourage airflow, helping compact rooms feel more comfortable and livable.
Connectivity is another key driver. The project sits close to the MRT Blue Line, Bang O Station, at approximately 450 meters. This proximity informs a layout that prioritizes short, direct, and secure movement-from arrival to lobby to vertical access-making daily commutes smoother. For end users, it supports a convenient lifestyle; for investors, it reinforces a location story tied to rail transit demand in the Charan corridor.
Project Highlights
Chapter One Spark Charan stands out in Thonburi’s Bang O-Bang Phlat area, close to Charan Sanitwong Road with convenient links to Pinklao and the old-town side of Bangkok. The neighborhood’s steady residential demand makes it suitable for both end-users and rental investors.
- Established local location Surrounded by long-standing communities, everyday eateries, and services along Charan, supporting real livability rather than a purely commercial zone.
- Rail access Approximately 1.0 km to MRT Blue Line Bang O Station, helping residents bypass peak-hour traffic and improving rental appeal for commuters.
- Practical driving connectivity Easy access to Charan Sanitwong, with onward routes to Sirindhorn Road and Rama 7 Bridge, convenient for cross-river trips and multiple business districts.
- Well-rounded facilities Common areas are designed for relaxation and light work, aligning with modern condo living where residents spend more time on-site.
- Investment angle Proximity to transit and a dense housing catchment supports stable leasing demand, while offering value that can compete with Pinklao-area condos.
Description
Chapter One Spark Charan is a high-rise condominium located at 10/1 83/2 Bang O, Bang Phlat, Bangkok 10700. The project sits on Charan Sanitwong Road, approximately 200 meters from MRT Bang O Station, offering convenient access to the city and key areas on the Thonburi side. This location is suitable for both owner-occupiers and investors seeking rental demand near mass transit.
Developed by Pruksa Real Estate Public Company Limited, the project consists of 1 residential tower with 48 floors, totaling around 1,611 residential units and 6 retail units. Parking is provided for about 40% of the total units, or approximately 644 cars. The project was completed around 2019. Unit types mainly include 1-bedroom and 2-bedroom layouts, with sizes starting from about 21.55 - 45.00 sq.m., designed to suit urban lifestyles with practical space planning.
Facilities include a lobby, swimming pool, fitness room, co-working space, garden areas, sky lounge, laundry room, and shared living spaces. The security system includes 24-hour security guards, CCTV, key card access, and controlled building entry. Day-to-day management is typically handled by the juristic person office, which oversees common area maintenance and resident services.
Price Trend
Chapter One Spark Charan (Bang O- Bang Phlat) shows a steady, demand-led market in 2026. The key driver is rental liquidity from west-bank office workers and hospital-related tenants, supported by MRT Blue Line access at Bang O Station (~450 m). Competition remains from Pinklao and Bang Son condos, so pricing moves gradually rather than sharply.
- Resale price per unit: 1-bedroom 25-30 sq.m averages THB 2.55-3.10M (calculation base: THB 2.80M for 28 sq.m).
- Price per sq.m: about THB 95,000-115,000 (base: THB 100,000 per sq.m).
- Average rent: THB 12,500-15,500 per month (base: THB 14,000).
Rental Yield (2026): 14,000 x 12 = THB 168,000 per year; 168,000 ÷ 2,800,000 = 6.0% gross yield (before common fees and taxes). This is attractive versus higher-priced inner-city projects, while staying competitive against mid-market Pinklao stock.
Capital Gain outlook: Using a 2024-2025 trading band of roughly THB 92,000-100,000 per sq.m, a 2026 range of THB 100,000-110,000 implies ~3-6% annual upside. Upside is strongest for well-positioned units (mid-high floors, open views) which typically resell faster in this submarket.
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