Lumpini Place Rama 3 - Riverview
Rama 3 Road, Bang Khlo Subdistrict, Bang Kho Laem District, Bangkok, 10120
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Project Type
EIA Permission
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Completed
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Project Location
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Project Concept
Lumpini Place Rama 3 - Riverview is shaped by a clear design idea: “urban convenience with a riverside atmosphere.” Located in Bang Khlo, the project leverages the Chao Phraya River bend as a visual asset, arranging the building massing to maximize daylight and open views for a larger portion of units, easing the enclosed feeling often found in dense-city condominiums.
The architectural language stays modern and understated, emphasizing clean lines and a lighter, more breathable façade. Openings, balconies, and well-placed glazing support natural ventilation and comfortable daily living in Bangkok’s climate. The lobby and shared areas are conceived as “visual resting points,” buffering residents from Rama 3 Road’s intensity while extending greenery and long-view perspectives into everyday circulation.
Planning focuses on privacy and practicality: residential zones are separated from activity areas, and common facilities are scaled to be easy to maintain, reflecting Lumpini’s pragmatic approach. From an investment angle, the concept targets a niche within the Rama 3 corridor - river-view living - where true water-facing supply is comparatively limited versus typical roadside projects, supporting steadier long-term appeal for end users and renters.
Project Highlights
Lumpini Place Rama 3 - Riverview stands out in Bang Khlo on Rama 3 Road, a mature residential area that still offers a calm riverside atmosphere. It suits both owner-occupiers and rental investors targeting professionals working around Sathorn, Charoen Krung, and Rama 3 who prefer a quieter home base than the CBD.
- Riverside value Potential Chao Phraya River-bend views and river breeze enhance liveability and long-term value versus Rama 3 condos without a river-facing aspect.
- Car-friendly connectivity Direct access via Rama 3 and Charoen Krung roads, close to Krungthep Bridge and Bhumibol Bridge, convenient for cross-river trips toward Phra Pradaeng and Suksawat.
- Strong rental catchment Near Sathorn’s business zone plus riverside hotels, lifestyle spots, and well-known dining along Rama 3 - appealing to both Thai tenants and expats.
- Practical amenities Typical Lumpini-style facilities focused on everyday use: swimming pool, fitness, relaxation areas, and security systems that support consistent living standards.
- Value positioning In a corridor with higher-end options such as Star View Rama 3, a riverview-oriented product at a more accessible budget can work well for cash-flow focused investors.
Description
Lumpini Place Rama 3 - Riverview is a high-rise condominium located on Rama 3 Road, Bang Khlo, Bang Kho Laem, Bangkok 10120. Positioned in a riverside area along the Chao Phraya River, the project is suitable for both residential living and investment. It was developed by L.P.N. Development Public Company Limited and completed around 2011.
The project consists of 2 residential towers, each 36 storeys high, with approximately 1,093 units in total. Parking spaces account for around 60% of total units. Unit types include studio, 1-bedroom, and 2-bedroom layouts, with sizes starting from about 28 - 68 square meters, suitable for single residents, couples, and small families.
Facilities include a swimming pool, fitness center, garden, playground, multi-purpose room, on-site shops, passenger elevators, and common areas designed for everyday convenience. The security system includes 24-hour security guards, CCTV, key card access, and controlled building entry.
The project management follows Lumpini's standard residential management system, with juristic person services overseeing common area maintenance. The location offers convenient access to Naradhiwas Rajanagarindra Road, Bhumibol Bridge, Central Rama 3, and Terminal 21 Rama 3. For a nearby project, see Star View Rama 3.
Price Trend
Lumpini Place Rama 3 - Riverview (Bang Khlo, Bang Kho Laem) shows a steady 2026 market, supported by Rama 3’s long-stay rental base (office employees and local expats). Nearby higher-end riverside projects such as Star View Rama 3 help anchor the area’s pricing, while this project typically remains more affordable per unit, which improves liquidity in the resale market.
- 2026 Resale pricing: 1-bedroom 26-32 sq.m. typically trades around THB 2.10-2.75M, or approximately THB 78,000-92,000 per sq.m.
- Average rent: 1-bedroom averages THB 9,500-12,500 per month. River-view and fully furnished units usually achieve the upper band.
- Rental Yield (worked example): Buy at THB 2.40M, rent at THB 11,000/month = THB 132,000/year. Yield = 132,000 - 2,400,000 = 5.5% p.a. (before common fees, taxes, and vacancy).
Capital gain view: If the project’s 2024-2025 level was roughly THB 75,000-85,000/sq.m., moving to THB 78,000-92,000/sq.m. in 2026 implies a realistic upside of about 2-4% per year for well-maintained mid-to-high floor units, especially those with river views. Key risk remains competition from newer condos with stronger amenities and upgraded fit-outs, which can pressure rent growth if units are not refreshed.
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