Riverine Place

Riverine Place is a high-rise condominium located at 167 Pibulsongkram Road, Suan Yai, Mueang Nonthaburi, Nonthaburi 11000. Positioned along the Chao Phraya River, the project offers a peaceful residential atmosphere with convenient access to Bangkok. The project was developed by Riverine Place Co., Ltd. and completed around 1997.

The development consists of 3 residential buildings, each around 27 storeys high, with approximately 462 units in total. Parking is provided in an appropriate ratio for residents. Unit types mainly include 2-bedroom, 3-bedroom, and large penthouse layouts, making it suitable for families and buyers seeking spacious condominium units in the Nonthaburi area.

Facilities include a swimming pool, fitness center, tennis court, garden, playground, passenger lifts, and riverside common areas. Security features include 24-hour security guards, CCTV, and key card access. The project is managed by the condominium juristic person for ongoing common area maintenance and administration.

The location is close to MRT Purple Line - Ministry of Public Health Station, about 2.5 km away, and Yaek Tiwanon Station, about 3 km away. Nearby landmarks include the Ministry of Public Health, Phra Nang Klao Hospital, Central Rattanathibet, and Chao Phraya express boat access. For a nearby project, see The Niche Mono Ratchavipha.

Riverine Place on Phibulsongkhram Rd (Nonthaburi City) is a riverfront condo where resale prices have not accelerated as sharply as the Ratchavipha-Taopoon side. In 2026, this supports a strategy focused more on rental income (yield) than short-term price speculation.

• 2026 resale price per unit: typical 1-2BR sized 45-65 sq.m. averages THB 3.2-4.9M
• Price per sq.m.: around THB 72,000-85,000, with high floors and river views at the upper end
• Average rent: THB 13,000-19,000 per month, fully furnished units lease faster

Rental Yield (worked example): buy 50 sq.m. at THB 80,000 per sq.m. = THB 4,000,000. Rent at THB 16,000 per month = THB 192,000 per year. Gross yield = 192,000 ÷ 4,000,000 = 4.8% p.a. (before common fees, taxes, and vacancy).

Capital gain outlook: given the area’s steady, gradual growth, a realistic assumption is 1-3% per year. Over 3 years, a THB 4.0M basis could reach roughly THB 4.12-4.37M. The key demand driver is tenants working in Bangkok who prefer a river view lifestyle, while nearby projects such as The Niche Mono Ratchavipha and Centric Scene Ratchavipha often trade at higher price-per-sq.m., leaving Riverine Place with a relative “location discount” that can improve entry yield.