PM Riverside Rama 3
Rama 3 Road, Bang Phongphang Subdistrict, Yan Nawa District, Bangkok, 10120
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Project Type
EIA Permission
Quantity
Completed
Floor Plan
No information
Project Location
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Project Concept
PM Riverside Rama 3 is shaped by a “live with the river” design idea, taking its Bang Phongphang-Yannawa setting near a Chao Phraya River bend as the project’s core identity. The architecture prioritizes long, open river-facing views, minimizing heavy solid partitions in shared areas and using well-placed openings to bring in soft natural daylight. The result is a brighter, more breathable atmosphere that feels calm despite being in an inner-city district.
The planning focuses on privacy and everyday usability. Residential circulation is arranged to reduce unnecessary cross-traffic, while higher-activity functions are kept separate from quieter living zones. Key common spaces are positioned to make the view part of daily life: a lobby oriented toward the river direction, quiet work corners for focused time, and fitness areas that benefit from morning light, supporting a balanced routine.
Visually, the project leans into a clean contemporary language with materials and color tones that echo a riverside mood. Practicality is also part of the concept - finishes are selected to be easy to maintain, which matters for both owner-occupiers and rental investors. In Rama 3, where road links can connect to Sathorn and Silom efficiently via Rama 3 Road and major bridges, this design positioning aims to match real urban living patterns.
Project Highlights
PM Riverside Rama 3 is located in Bang Phongphang, Yannawa, within the Rama 3 corridor - a riverside business-residential zone that connects conveniently to Sathorn and Silom. It suits urban professionals who want a calmer atmosphere than the CBD while keeping commutes practical.
- Chao Phraya riverside setting delivers open views, breezes, and a more relaxed living experience - a clear differentiation from typical road-facing condos that often come with heavier traffic noise.
- Efficient road connectivity via Rama 3 Road and Naradhiwas Rajanagarindra Road, enabling straightforward access toward Sathorn and Charoen Krung. Expressway access to the Chalerm Maha Nakhon network is also within a short drive, supporting daily commuting.
- Established neighborhood amenities with local eateries and well-known restaurants along Rama 3, plus nearby offices and schools. This environment supports rental demand from employees working in inner-city areas such as Sathorn and Naradhiwas.
- Investor angle Rama 3 continues to see steady leasing demand, while true riverside condominium supply remains limited. This scarcity can help support long-term value and exit liquidity compared with competing projects deeper inside the same district.
Description
PM Riverside Rama 3 is a high-rise condominium located in Bang Phongphang, Yannawa, Bangkok 10120. Positioned on Rama 3 Road along the Chao Phraya River, the project offers convenient access to the expressway and easy connections to Sathorn, Silom, and other central business areas. It is suitable for both owner-occupiers and buyers looking for a riverside residence in the city.
The project was developed by PMT Property Co., Ltd. and completed around 1992. It consists of 1 residential tower with 32 floors and approximately 294 units, with parking available for residents. Unit types include studio, 1-bedroom, 2-bedroom, and larger family-sized layouts. Some units enjoy open river and city views.
Main facilities include a lobby, swimming pool, fitness room, garden, passenger lifts, and common area spaces for daily use. The security system includes 24-hour security personnel, CCTV, and controlled building access.
The property is managed by the condominium juristic person, which oversees common area maintenance and resident services. For a nearby project in the Rama 3 area, see Star View Rama 3
Price Trend
PM Riverside Rama 3 in Bang Phongphang-Yan Nawa is a riverfront condominium where resale pricing still trails some newer Rama 3 launches, creating a practical entry point for both end-users and buy-to-let investors. In 2026, the local resale market shows steady, incremental growth, supported by rental demand from Sathorn-Silom office workers and tenants who specifically value river views.
- Resale price per unit (2026): a typical 1-bedroom, 30 sq.m. averages around THB 2.35 million
- Price per sq.m.: about THB 78,000 per sq.m. (commonly seen range ~72,000-85,000 depending on floor and view)
- Average rent: 1-bedroom, 30 sq.m. about THB 11,500 per month on a 1-year lease
Rental Yield (with calculation): 11,500 x 12 = 138,000 THB per year; 138,000 divided by 2,350,000 = 5.87% p.a. (before common fees, taxes, and vacancy allowance).
Capital Gain outlook: Using a conservative Rama 3 condo appreciation assumption of 2-4% per year, a THB 2.35m unit may reach roughly THB 2.49-2.64m within 2-3 years. Upside is supported by relative pricing versus nearby projects such as Star View Rama 3 and The Trust Residence Ratchada-Rama 3, which often transact at higher levels within the same broader corridor.
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