Rich Park@Chaophraya: A Parallel to the Chao Phraya River with a Width of 7.6 Meters

 

          “Chao Phraya River” has long been the lifeblood of Bangkok residents. The choice of housing has evolved over the years, much like “condominiums”, the modern high-rise living spaces that cater to various needs, whether it’s a one-bedroom unit for young professionals or a two-bedroom unit for families. Importantly, these options must be affordable. So, what locations can meet the housing needs of people, offering convenient access to public transport while still retaining the charm of the Chao Phraya River view? One such location might be “Sai Ma”, which many overlook.


Sai Ma: The Intersection of “Skytrain” and “Chao Phraya River”


           Finding a location that offers both “Skytrain access” and “Chao Phraya River” is not easy. Once the Purple Line Skytrain opened, “Sai Ma” became a prime location for condominium projects with a riverside atmosphere at an accessible price.


           Richy Place 2002 recognized the opportunity to develop land into the Rich Park @Chaophraya condominium project, catering to the housing needs of modern residents while preserving the charm of the “Chao Phraya River” view. Certainly, the amenities that enhance daily life are crucial for residents. For the Rich Park @Chaophraya project, residents will enjoy convenient travel via the “Purple Line Skytrain” and the allure of the “Chao Phraya River”, all while being surrounded by shopping centers, hospitals, and important government offices in Nonthaburi.


1.PIC _ Location


           Along “Rattanathibet Road”, the main thoroughfare for Nonthaburi residents, within an 8-kilometer radius from Rich Park @Chaophraya, you can find various amenities from “Ngamwongwan” to “Bang Yai” that support daily living.


           Numerous famous shopping centers such as CentralPlaza WestGate and CentralPlaza Rattanathibet, part of the Central Group, are available. Additionally, there are The Mall Ngamwongwan, Pantip Ngamwongwan, and Esplanade Ngamwongwan – Khae Rai. Recently, a new community mall called Community Mall Saima Park & Market is under construction in Sai Ma, with a project value of over 146.99 million baht, expected to be completed in early 2020.


          Public and private hospitals such as Kasemrad Hospital Rattanatibeth, Pranangklao Hospital, and Nonthavej Hospital provide timely medical care.


          Important government offices in Nonthaburi include the Ministry of Commerce and the Nonthaburi Government Center.


          Throughout the Chao Phraya River in Sai Ma, there are many riverside restaurants, both small and large, including well-known establishments like Ban Rabieng Nam, Ruean Chao Phraya, Moon River Silk Dining, Samsen Villa Life, Dairy Queen by the river, and Ruean Chao Phraya.


2. PIC _ Surrounding


Sai Ma Condominiums Generate an Average Capital Gain of 3.5-5.8% and Rental Yield of 4.2-5.3%


            Condominiums within a 1-kilometer radius from the Chao Phraya River in this area can be found on both sides of the river. If you take the Purple Line Skytrain, you can easily access “Sai Ma Station” and “Phra Nang Klao Bridge Station”. Rich Park @Chaophraya is only 80 meters from Sai Ma Station and offers a view of the Chao Phraya River just 550 meters away. This project stands out for its residents' convenience due to its location. The overall condominium prices in this area typically range from 59,000 to 95,000 baht per square meter, generating an average capital gain of 3.5-5.8%. Meanwhile, rental listings for condominiums average 220-300 baht per square meter per month, meaning rental prices vary based on room size. For instance, studio units average 6,000-6,500 baht per month, one-bedroom units average 6,500-9,500 baht per month, and two-bedroom units average 10,000-18,000 baht per month, yielding an average rental yield of 4.2-5.3%.


            The growth of land appraisal prices on Rattanathibet Road (Mueang Nonthaburi District) has increased by over 25-50% in the last two appraisal cycles, with figures ranging from 120,000 to 150,000 baht per square wah (from 2016-2019). It is now impossible to find land appraisal prices below the hundred-thousand mark, compared to the previous cycle from 2012-2015, where the average appraisal was 80,000-120,000 baht per square wah (data from the Treasury Department).

3. PIC _ Investing



4 Highlights of Rich Park @Chaophraya: River View Condominiums with a Width of 7.6 Meters


           Rich Park @Chaophraya is a quality condominium project by Richy Place 2002 on a 2-0-86 rai plot of land, defined by “Parallel With The Horizon: Lines and Colors Parallel to the Sky”. This high-rise condominium project features 33 floors with a total of 663 units. The project’s appeal encompasses all factors to consider when purchasing real estate, including location, project characteristics, room design, and shared amenities (Facilities). Details are as follows:


1. The Rich Park @Chaophraya land plot runs parallel to the Chao Phraya River, offering a 180-degree panoramic river view.


            The land plot of Rich Park @Chaophraya is rectangular, with the front facing Rattanathibet Road and the side running along the Chao Phraya River. Being a high-rise project of 33 floors, residents can enjoy a 180-degree panoramic view of the Chao Phraya River at all times.


4. PIC _ river view

2. Rich Park @Chaophraya meets all living needs: a condominium close to the Skytrain with a view of the Chao Phraya River.

            This condominium is ideal for living, not only due to the pleasant atmosphere of the Chao Phraya River surrounding the project but also because of the residents' travel convenience. The Rich Park @Chaophraya project is located on Rattanathibet Road, allowing residents to travel comfortably by car, connecting to many main roads such as Ratchaphruek Road leading to the heart of Sathorn, Chaeng Watthana Road, Vibhavadi Road, and Kanchanaphisek Road. Additionally, residents can access the Purple Line Skytrain from Sai Ma Station, just 80 meters away, reaching various amenities within 6 Skytrain stations in about 15-20 minutes, including Central Rattanathibet, Central Westgate, IKEA Bang Yai, Phra Nang Klao Hospital, the Ministry of Commerce, and the Nonthaburi Government Center.


5. PIC _ Project


3. Living spaces designed according to customer needs: River View units with a maximum width of 7.6 meters.

            The appeal of the living spaces in the Rich Park @Chaophraya project lies in the clear division of living areas. Customers can choose between “city view” or “Chao Phraya River view”. With various room layouts available, whether deep or wide, there is something for everyone.


            TYPE A: River view unit with a width of 7.6 meters, one-bedroom, 32 square meters. This unit runs parallel to the Chao Phraya River, allowing for full views of the river. The layout prioritizes space utilization, as the bedroom, living room, and balcony all run parallel to the river, allowing for fresh air and beautiful views throughout the day. Additionally, this unit faces east, providing a cool and comfortable atmosphere.


6. PIC _ type A

            TYPE B: City view unit with a width of 5.2 meters, one-bedroom, 30-32 square meters. The interior design focuses on practical living, with well-proportioned spaces. The connection between the living room and kitchen, which is adjacent to the balcony, allows for easy separation of cooking odors to the outside. Additionally, the walls are 13.5 cm thick, providing excellent sound and heat insulation.

7. PIC _ type B


            TYPE C: City view unit with a width of 3.8 meters, one-bedroom, 28-30 square meters. This unit is designed to provide privacy in the living area, with the living room connecting to the balcony and the kitchen located at the front, featuring walls that enhance sound and heat insulation, measuring 13.5 centimeters thick.


8. PIC _ type c

4. FACILITIES on an area of over 2.8 rai.

            Residents can relax and unwind with the facilities available on the expansive grounds of over 2.8 rai at Rich Park @Chaophraya. For those who enjoy green spaces, there are green areas around the project along with a beautiful rooftop garden. And for those looking to cool off, there is an indoor swimming pool with a saltwater system catering to both children (5x5 meters) and adults (12x12 meters). Additionally, residents can stay active with a fitness room equipped with exercise machines available at all times.


            Furthermore, parking for residents is accommodated with a 7-story parking structure, providing approximately 40% capacity (including tandem parking). The project includes 3 passenger elevators and 1 service elevator, with security provided by an access card system and CCTV, along with staff available 24/7.


9. PIC _ Facilities

            In conclusion, it is believed that the appeal of the Rich Park @Chaophraya project will catch the eye of many, located in Sai Ma, which meets residents' needs for convenient travel via the “Purple Line Skytrain” amidst the charm of the “Chao Phraya River”, along with complete amenities including shopping centers, hospitals, and important government offices.

            For those interested in the Rich Park @Chaophraya project, more information can be obtained at www.richpark3.com or by calling 02-106-8414 starting today.

Thank you for the information from richpark3.com