Menam Residences

Menam Residences is located at 2088 Wat Phraya Krai, Bang Kho Laem, Bangkok 10120. This is a high-rise riverside condominium developed by Raimon Land Public Company Limited. The project was completed in 2012 and consists of 2 buildings: the 54-storey North Tower and the 41-storey South Tower, with approximately 294 residential units and around 530 parking spaces, suitable for both end-users and luxury buyers.

Unit types include 1-bedroom, 2-bedroom, 3-bedroom, and penthouse layouts. The residences are known for their relatively large usable space compared with many condominiums along the Chao Phraya River. Facilities include a riverside swimming pool, fitness center, sauna, tennis court, landscaped garden, children's playground, private pier, and resident lounge areas.

Security features include 24-hour security guards, CCTV, and key card access control. The project is close to Asiatique The Riverfront, Shrewsbury International School, and Charoenkrung Pracharak Hospital. It also offers convenient access to Charoen Krung Road, Rama III Road, and Sathorn. The nearest BTS connection point is BTS Saphan Taksin, approximately 3.5 kilometers away. The property is managed under condominium juristic management to maintain common areas and long-term living standards.

For those seeking nearby projects for comparison, you may also view Bangkok Feliz Krungthonburi Station.

Menam Residence (Charoen Krung Rd., Wat Phraya Krai, Bang Kho Laem) remains one of the more premium riverfront condos in the Charoen Krung- Rama 3 area. In 2026, pricing is supported by end-users and tenants working around Sathorn- Silom who value river views over direct BTS adjacency.

• Resale price per unit (2026): 1-bed 45 sq.m. averages THB 8.1M
• Average selling price per sq.m.: about THB 180,000 per sq.m. (typical range THB 165,000-210,000)
• Average rent: THB 32,000 per month for a 1-bed 45 sq.m. (THB 28,000-38,000 depending on floor and view)

• Rental Yield (quick math): (32,000 x 12) - THB 12,000 annual common fees = THB 372,000 net rent per year. Divide by THB 8,100,000 purchase price = 4.59% per year
• If rent reaches THB 35,000 per month, yield can approach ~5.0%, typically for renovated units with strong river views

Capital gain outlook: appreciation is usually steadier than condos priced mainly by BTS distance, but scarcity of true river-view units is a key buffer. Compared with nearby benchmarks such as Rhythm Sathorn and Nye by Sansiri, this project tends to move with riverfront demand and unit condition. A realistic base case is 2-4% annual price growth in a normal market, with renovated units generally achieving faster resale and shorter leasing vacancy.