Montra Chao Phraya-Charoen Krung

Montra Chao Phraya-Charoen Krung

Charoen Krung Road, Si Phraya Subdistrict, Bang Rak District, Bangkok, 10500

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Project Type

Condo

EIA Permission

approved

Quantity

321 Unit

Completed

2025

Floor Plan

No information

Project Location

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Project Concept

Montra Chao Phraya-Charoen Krung is shaped by a clear design idea: a contemporary riverside residence that respects the historic character of Charoen Krung and Si Phraya. Instead of competing with the neighborhood, the architecture reinterprets local cues-from old warehouses and colonial-era details to craft-like textures-into a calmer, modern expression.

The building massing prioritizes openness toward the Chao Phraya River. Setbacks and carefully placed voids help reduce the “inner-city wall” feeling, allowing daylight and breezes to move through shared spaces. Amenities are planned as real living extensions-view points, quiet lounges, and breathable semi-outdoor areas-rather than purely decorative show zones. A warm material palette, such as stone-like finishes and wood tones with matte surfaces, reinforces a relaxed, private mood.

Inside the units, the concept focuses on practical layouts: clear zoning, efficient storage, and window proportions designed to maximize river and city views. This design direction supports both long-stay living and rental demand in Bang Rak, where riverside dining, heritage streets, and the Silom-Sathorn office core are within a short drive. The result is a project that feels rooted in place while staying functional for everyday urban life.

Project Highlights

Montra Chao Phraya-Charoen Krung stands out with a riverside setting in Si Phraya-Bang Rak, close to Silom and Charoen Krung where offices, hotels, and heritage communities create steady residential demand. This positioning suits both end-users and investors seeking rental potential supported by expats and CBD professionals.

  • Chao Phraya riverside atmosphere Enjoy open river views and a calmer living mood compared with typical inner-city towers, while staying connected to Bang Rak and Si Phraya amenities.
  • Flexible connectivity Around 2.2 km to BTS Saphan Taksin and about 2.0 km to MRT Hua Lamphong, making city access practical and enabling easy links to river transport zones.
  • Surrounded by jobs and lifestyle Near Silom, Sathorn, Charoen Krung, and riverfront destinations, appealing to tenants who value walkable urban character and dining scenes.
  • Distinct investment angle A rare riverside product in Bang Rak, offering experiential value that can support long-term price resilience and rental competitiveness.

Description

Montra Chao Phraya-Charoen Krung is a high-rise condominium located in Si Phraya, Bang Rak, Bangkok 10500, in a riverside neighborhood near Charoen Krung Road and the Chao Phraya River. The location suits residents seeking a home in a historic urban area with convenient access to Silom, Sathorn, and Bangkok's riverfront lifestyle destinations.

The project consists of 1 residential building of approximately 29 floors with around 89 residential units, together with resident parking spaces. Unit layouts mainly include 2-bedroom and 3-bedroom types, offering relatively spacious living areas suitable for both owner-occupiers and long-term investors looking for central Bangkok property.

Facilities include a swimming pool, fitness room, passenger lifts, and common areas for relaxation. Security features include security personnel, CCTV, and controlled access into the building, supporting a more private and secure living environment.

The project was completed around 2009. It stands out for its setting in the Charoen Krung area, known for its riverside atmosphere, dining options, hotels, and distinctive old-city character. In terms of transportation, the project is about 1.8 kilometers from BTS Saphan Taksin Station and also near Si Phraya Pier, providing multiple travel options. Publicly available information regarding the developer and property management company remains limited.

Price Trend

Montra Chao Phraya-Charoen Krung in Si Phraya, Bang Rak is a river-oriented condo close to the Silom-Sathorn CBD. In 2026, pricing tends to grow steadily rather than spike, as the project is not directly next to a BTS station. Demand is supported by office workers and expatriate tenants who prefer the Charoen Krung and riverside lifestyle.

  • Resale price per unit (2026): 1-bedroom, 35 sq.m. averages THB 7.2M
  • Price per sq.m.: about THB 205,000 per sq.m. (7,200,000 - 35)
  • Average rent: THB 32,000 per month (1-bedroom, 35 sq.m.)
  • Rental Yield: (32,000 x 12) - 7,200,000 = 5.33% per year (before common fees, taxes, and vacancy)

Capital gain view: Using an estimated 2024 level of ~THB 190,000 per sq.m., the 2026 level of ~THB 205,000 per sq.m. implies a 7.9% uplift over two years, or roughly 3.8% per year. Upside comes from limited river-view supply and consistent expat leasing. Key risks are resale liquidity and competition from newer riverside stock around Charoen Nakhon and Rama 3, making the project more suitable for income-focused investors than short-term speculators.

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