Magnolias Waterfront Residences

Magnolias Waterfront Residences is located at 259 Khlong Ton Sai, Khlong San, Bangkok 10600, within the ICONSIAM mixed-use waterfront development on the Chao Phraya River. The project enjoys a prime riverside setting close to ICONSIAM and offers convenient access to the city. It is near BTS Charoen Nakhon Station, approximately 350 meters away, and BTS Krung Thon Buri Station, around 1.2 kilometers away, making it suitable for luxury living and long-term holding in one of Bangkok's most prominent riverfront districts.

This is a High Rise super luxury condominium comprising 1 building of approximately 70 floors with around 379 residential units. Parking is provided at about 100 percent of the total units. Unit types include 1-bedroom, 2-bedroom, 3-bedroom, penthouse, and super penthouse residences. The layouts are designed with generous living space and many units enjoy panoramic views of the Chao Phraya River.

Facilities include a grand lobby, swimming pool, fitness center, lounge areas, relaxation spaces, sky garden, multipurpose room, and luxury-grade resident services. Security features include 24-hour security personnel, CCTV, key card access, and controlled entry systems. The project was completed in 2019 and developed by Magnolia Quality Development Corporation Limited, also known as MQDC. Building management is operated under condominium juristic person standards consistent with a high-end residential project.

From an investment and lifestyle perspective, the project stands out for its location within a landmark riverside destination surrounded by retail, hotels, office components, and both road and river transport links. For a nearby project, see Bangkok Feliz Krungthonburi Station.

Magnolias Waterfront Residences in Khlong San remains a premium riverside asset in 2026, supported by the ICONSIAM lifestyle ecosystem and access to the Gold Line. Charoen Nakhon Station is about 250 m away, with an easy interchange to BTS Krung Thon Buri, helping both resale liquidity and rental demand from expats and high-income Thai tenants.

• Resale price per unit: 1-bedroom 45 sq.m. averages THB 12.6M
• Price per sq.m.: ~THB 280,000 (commonly THB 250,000-320,000)
• Average rent: ~THB 48,000 per month (1-bedroom 45 sq.m.)

Rental Yield (simple): annual rent = 48,000 x 12 = THB 576,000. Yield = 576,000 - 12,600,000 = 4.57% per year, before common fees, taxes, and vacancy.

Capital gain view: compared with nearby mass-market condos, this project typically sees steadier but not explosive growth due to its luxury positioning and limited direct substitutes on the riverfront. A reasonable base case is 2-4% yearly appreciation. At 3%, a THB 12.6M unit could move to about THB 13.0M in one year (+THB 378,000). Key risks are rental competition from other high-end stock in the ICONSIAM area and stronger tenant bargaining power in softer economic cycles.