Lumpini Place Rama 3-Riverine

Lumpini Place Rama 3-Riverine is a high-rise condominium located on Rama 3 Road, Bang Phongphang, Yannawa, Bangkok 10120. Positioned along the Chao Phraya River, the project offers a residential atmosphere with convenient access to the city center. It was developed by L.P.N. Development Public Company Limited and is managed under the standard property management system of the LPN group. The project was completed around 2022.

The development consists of 1 residential tower with 35 floors on approximately 4 rai of land. It has around 770 residential units and parking for about 40% of the total units, or roughly 300 cars. Room types include studio, 1-bedroom, and 2-bedroom layouts, suitable for both owner-occupiers and investors. A key highlight is that many units enjoy open river and city views over the Rama 3 area.

Facilities include a lobby, swimming pool, fitness room, garden, co-working area, multi-purpose room, playground, and some riverside common areas. The security system includes 24-hour security guards, CCTV, key card access, and controlled entry points.

In terms of location, the project is close to Rama 3 Road and Bhumibol Bridge, making travel to Sathorn, Silom, and Sukhumvit convenient. It is also about 2.5 - 3 kilometers from BRT Wat Dan Station. The surrounding area includes shopping centers, international schools, and office buildings in the Rama 3 zone. For a nearby condominium in the same area, see Star View Rama 3.

Lumpini Place Rama 3-Riverine in Bang Phongphang, Rama 3, shows a steady 2026 resale and rental market supported by office workers in Sathorn-Narathiwat-Rama 3 who want a more affordable option than premium riverfront projects such as Star View Rama 3 or Nara 9. As the project is not within easy walking distance to a BTS or MRT station, price growth is typically gradual rather than explosive.

• Resale price per unit: 1-bedroom 30-35 sq.m. typically around THB 2.30-2.85M
• Price per sq.m.: roughly THB 75,000-90,000 per sq.m. (view and condition matter)
• Average rent: THB 9,500-12,500 per month for 1-bedroom units

Rental Yield (2026) example: purchase at THB 2.60M, rent at THB 11,000 per month. Annual rent = 11,000 x 12 = THB 132,000. Gross yield = 132,000 divided by 2,600,000 = 5.08% per year (before common fees, taxes, and vacancy).

Capital gain view: Using the 2023-2024 Rama 3 area range of about THB 70,000-82,000 per sq.m. as a base, the move to THB 75,000-90,000 per sq.m. in 2026 implies an average appreciation of around 2-4% per year. Upside is supported by ongoing infrastructure improvements along Rama 3 and price “pull” from newer nearby projects like The Key Rama 3 and Nue Riverest Ratburana. For investors, selecting a well-maintained unit with an open view and setting a competitive rent is key to controlling vacancy risk.