River Heaven Charoenkrung

River Heaven Charoenkrung

2258 Charoen Krung Road, Wat Phraya Krai Subdistrict, Bang Kho Laem District, Bangkok, 10120

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Project Type

Condo

EIA Permission

approved

Quantity

521 Unit

Completed

2004

Developed By

Land & Houses PLC

Floor Plan

No information

Project Location

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Project Concept

River Heaven Charoenkrung is shaped by a “river-life in Bangkok’s historic district” design idea. Instead of chasing flashy statements, the project leans into the calm, lived-in character of Wat Phraya Krai and Charoenkrung, where old communities, warehouses, and the Chao Phraya riverfront define the atmosphere. The concept translates this context into a contemporary residence that feels grounded and practical for everyday living.

The building massing and shared spaces are typically planned to prioritize river-facing views and natural ventilation, capturing breezes from the Chao Phraya and allowing more daylight to reach key areas. This approach helps avoid the enclosed feeling common in inner-city condos. Material and color direction tends toward warm, natural palettes - earth tones, wood-like textures, stone surfaces, and soft lighting - echoing the riverside mood and the understated charm of the old Charoenkrung streetscape.

Experientially, circulation and landscaping are conceived like a compact river promenade, linking lobby arrival, casual work corners, and quieter retreat zones. This creates a distinct identity versus many Rama 3-area high-rises that emphasize large-scale amenities and skyline imagery. From an investor’s viewpoint, the design concept supports rental demand from tenants seeking privacy, a calmer waterfront ambience, and a neighborhood with niche appeal - competing more on lifestyle quality and sense of place than on price alone.

Project Highlights

River Heaven Charoenkrung is located in Wat Phraya Krai, Bang Kho Laem, along Charoen Krung Road - a practical inner-city corridor linking Sathorn and Rama 3. The address suits both end-users and investors seeking steady rental demand from professionals working around Sathorn, Silom, and the riverside business and lifestyle zones.

  • Charoen Krung location near the riverside surrounded by long-established communities, local dining, and lifestyle destinations such as Asiatique The Riverfront, supporting liveability and tenant appeal.
  • Flexible connectivity by car with convenient links to Rama 3 Road, Sathorn Road, and the Taksin Bridge, offering alternative routes for daily commuting within the CBD fringe.
  • Calmer residential atmosphere compared with core CBD streets, while still maintaining quick access to central Bangkok - a balance many renters prioritize.
  • A differentiated value proposition versus many Rama 3-area condos: Charoen Krung’s distinctive neighborhood character and proximity to the river create a stronger sense of place and longer-term upside potential.

Description

River Heaven Charoenkrung is a high-rise condominium located at 2258 Wat Phraya Krai, Bang Kho Laem, Bangkok 10120. Positioned along Charoenkrung Road near the Chao Phraya River, the project offers convenient access to Rama 3 and Sathorn, making it suitable for both residential living and long-term investment in an established inner-city area.

Developed by Land and Houses and completed in 2004, the project consists of 3 residential towers with heights of 27, 31, and 35 floors, totaling approximately 521 units. Parking is available for residents. Unit types include 1-bedroom, 2-bedroom, 3-bedroom, and penthouse layouts. One of the project’s strengths is its relatively spacious unit sizes compared with many newer condominiums in central Bangkok.

Facilities include a swimming pool, fitness center, landscaped garden, tennis court, children’s playground, sauna, elevators, and riverside common areas. The atmosphere focuses on privacy and comfortable living. Security features include 24-hour security personnel, CCTV, and key card access.

In terms of transportation, the project is about 4.5 kilometers from BTS Saphan Taksin Station and connects easily to Charoenkrung Road, Rama 3 Road, Chan Road, and Sathorn. Nearby landmarks include Asiatique The Riverfront, Shrewsbury International School Bangkok, and Charoenkrung Pracharak Hospital. The property is managed by the condominium juristic person for ongoing common area maintenance. For a nearby project, see Star View Rama 3.

Price Trend

River Heaven Charoenkrung, located in Wat Phraya Krai on Charoenkrung Road, is a riverside condominium where pricing typically moves in a “stable to gradual-up” pattern rather than sharp spikes. In 2026, resale pricing is supported by rental demand from professionals working around Sathorn and Rama 3, plus tenants who specifically pay for river views.

  • Resale price per unit (2026): 1-bedroom, 45 sq.m. averages THB 5.6M
  • Price per sq.m.: about THB 125,000 (commonly seen range THB 115,000-140,000 depending on floor, view, and condition)
  • Average rent: around THB 22,000 per month for a 45 sq.m. 1-bedroom (river-view units often achieve a premium)
  • Rental yield: (22,000 x 12) - 5.6M = 264,000 - 5,600,000 = 4.7% p.a. (before common fees, taxes, and vacancy)

Capital gain outlook: Using a conservative growth assumption of 2-4% per year, a 12-month upside is roughly +THB 110k to +THB 220k from the THB 5.6M base. Performance tends to be strongest for well-renovated, move-in-ready river-view units, which compete effectively with nearby projects such as Star View Rama 3 and The Bangkok Sathorn-Taksin in the rental market.

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