Sapphire Luxurious Condominium Rama 3

Sapphire Luxurious Condominium Rama 3

893 Rama 3 Road, Bang Phongphang Subdistrict, Yan Nawa District, Bangkok, 10120

Sell0Listing

Rent0Listing

Project Type

Condo

EIA Permission

In Progress

Quantity

697 Unit

Completed

2022

Floor Plan

No information

Project Location

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Nearby Locations

Project Concept

Sapphire Luxurious Condominium Rama 3 is shaped by a “quiet luxury, made practical” design idea. It reinterprets the Rama 3- Bang Phongphang atmosphere near the Chao Phraya River bend into a calm, faceted architectural language: crisp lines, deep-toned surfaces, and subtle metallic accents that behave like a sapphire catching light from different angles. The building aims to feel refined without competing with the city and river-side character of the neighborhood.

Common areas prioritize privacy over spectacle. The lobby is planned to feel open and breathable, visually connected to greenery and daylight to avoid the enclosed mood often found in inner-city condos. Spatial planning focuses on comfortable natural light and air movement, supporting everyday living rather than purely decorative layouts. Premium cues come from tactile materials, layered lighting, and clean detailing that stays timeless.

From an investor perspective, “livable luxury” aligns with tenant demand from Sathorn- Silom and the Rama 3 office corridor: a peaceful home base after work with a polished look that does not age quickly. By avoiding overly trendy styling, the project positions itself for longer design relevance, smoother rentalability, and value retention in a location where new condominium supply continues to enter the market.

Project Highlights

Sapphire Luxurious Condominium Rama 3 is located in Bang Phongphang, Yannawa, on the Rama 3 corridor- a residential pocket with strong connectivity to Sathorn-Silom and the Chao Phraya riverfront. It suits both end-users and investors targeting tenants who want an easy commute while staying in a calmer neighborhood.

  • Rama 3 location close to key employment zones Convenient access toward Naradhiwas Rajanagarindra and Sathorn. The area is surrounded by multiple established condominiums, supporting steady rental demand.
  • Flexible road connectivity Direct access via Rama 3 Road and Chan Road, with practical links to Bhumibol Bridge for commuting to Phra Pradaeng and Suksawat. Best for residents who primarily drive.
  • Everyday conveniences nearby Close to Rama 3 dining strips and lifestyle nodes around Naradhiwas 24 and Chan, helping reduce daily travel time.
  • Differentiated appeal A relatively low-density project in a well-known condo zone, offering more privacy and potential price resilience in an area where land supply is limited.

Description

Sapphire Luxurious Condominium Rama 3 is located at 893 Bang Phongphang, Yannawa, Bangkok 10120, in the Rama 3 area with convenient access to Naradhiwas Rajanagarindra Road, Sathorn, and the expressway. The location is suitable for both residential living and investment in Bangkok's inner urban zone.

The project is a High Rise condominium developed by SC Asset Corporation Public Company Limited and completed in 2018. It consists of 1 building with 44 floors, approximately 697 residential units, and parking for around 80% of total units. Unit types include 1-bedroom, 2-bedroom, and penthouse layouts, serving both end-users and investors.

Facilities are designed to support upscale urban living, including a lobby, swimming pool, fitness center, garden, multi-purpose room, and shared common areas. The security system includes 24-hour security guards, CCTV, and key card access for residents' safety and privacy.

The project is managed by the condominium juristic person, helping maintain common areas and overall living standards efficiently. This makes the project appealing for buyers seeking a well-managed condominium in the Rama 3 neighborhood. A nearby project of interest is Star View Rama 3.

Price Trend

Sapphire Luxurious Condominium Rama 3 in Bang Phongphang-Yan Nawa shows a 2026 resale market driven mainly by rental demand from Sathorn-Narathiwat office workers, while nearby mid-market projects such as Star View Rama 3, The Key Rama 3, and Fuse Chan-Sathorn keep pricing competitive. The outlook is steady rather than explosive, so unit selection and rentable condition matter most.

  • Resale price per unit (1-bed, 30 sq.m.): THB 2.55-2.85M
  • Average price: THB 85,000-95,000 per sq.m.
  • Average rent: THB 12,500-14,500 per month (1-bed)

Rental Yield calculation (brief): midpoint rent THB 13,500 per month = THB 162,000 per year. If buying at THB 2.70M, gross yield = 162,000 ÷ 2,700,000 = 6.0% per year (before common fees, taxes, and vacancy).

Capital gain view: assuming a realistic Rama 3 price growth of 2-4% per year, a THB 2.70M unit may move to about THB 2.76-2.81M within 12 months, implying capital gains of roughly THB 54,000-108,000. For investors, the best risk-adjusted approach is to buy near market average and upgrade the room condition to push rent toward the upper band.

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