Skip to main content
Part of complete coverage on

Regal apartments fit for Bangkok's River of Kings

From John Defterios, CNN
updated 10:39 AM EST, Tue December 24, 2013
  • At 256 meters tall, "The River" is Thailand's tallest residential tower
  • The luxury development has helped regenerate some of Bangkok's most neglected areas
  • A key component of "The River's" success has been the development of new transport links

(CNN) -- When Thai monarch, King Rama, founded Bangkok in the late 18th century, he bestowed upon the bustling waterway that ran through his new capital a title fit for royalty -- "Chao Phraya" (the River of Kings).

Settlers to the city built their homes along the river's banks, its waters providing the maritime access essential for commerce as well as the fish to feed a growing population.

Today, Chao Phraya remains a busy thoroughfare. The living space that has built up aside its shores however is vastly different.

See also: Thailand's luxury property market

Living on the river affords you the ability to have a space like this which could be a resort
Hans Brower, design consultant

This transformation is no more apparent than at the edges of Khlong Ton Sai, a formerly barren neighborhood on the river's western banks.

It is here that "The River" -- an aptly named tower of condominiums and luxury living space -- soars above the bustling waters and streets below.

At 256 meters (840 feet) tall, the giant structure is 6 meters (19 feet) taller than Chao Phraya is wide, making it the tallest residential building in Thailand.

For Hans Brower, the Thai-Dutch design consultant behind the project, The River is a potent symbol of modern Bangkok -- a vibrant metropolis that can offer spectacular accommodation at cheaper rate than other big Asian cities.

Lush gardens and quiet pools in the facility grounds maintain the feel of an urban oasis amidst the surrounding concrete jungle.

"Living on the river affords you the ability to have a space like this which could be a resort if you did not have this poster which is the city of Bangkok," Brower explained. "It has that 5 star feel."

A new track

A key component of Bangkok's riverside regeneration and the rise of facilities like The River has been improved transport links, Brower explained.

The prices that we are asking for here maybe in the higher end of the Bangkok
Gerry Healey, Ramon Land

Myriad boat services frequently cross Chao Phraya while the city's skytrain (known locally as the BTS) has provided faster access to areas that were once considered too out of the way and poorly connected.

See also: China's crazy property bubble

"I think the definition of a boundary changes radically depending on accessibility and mobility and that has changed," Bower said. "Today the BTS comes across and goes all the way into west (of the) country."

While the skytrain has ensured properties like The River are viable and desirable, it has also had a knock-on impact on the areas it passes through. Those who live in its shadows have seen their property values soar.

"I could earn something already (by selling)," explained said Chaiyot Suriyanonlin, standing outside the humble shop-house that has been in his family's possession for generations. "Whatever my father left for me I should do my best to keep it for (his) legacy," he added.

Developers' paradise

For developers, meanwhile, a relaxation of planning laws (restrictions on how high they can build have been set aside) has incentivized the construction of quality accommodation in areas like those which host the Suriyanonlin abode.

"The regulations limit what you can do in various places so at the time this site came up it was an opportunity to do something big," said Gerry Healey, who oversees The River for developer Raimon Land.

Although roughly 10% of apartments remain without owners (primarily those not overlooking the water), there is a strong financial incentive for developers to invest in Bangkok. As Healey illustrates, the average cost per unit was $3,400 a square meter in 2007. Today they go for $4,700, with penthouses selling for three times that amount.

"The prices that we are asking for here maybe in the higher end of the Bangkok market but by comparison with Singapore or Hong Kong we are very (affordable)," Healy said. In fact, this equates to just a fifth of the price of luxury property in Singapore.

While such sums still represent a considerable outlay, Healey's hope is that potential investors will be encouraged to snap up the remaining properties and become part of the next chapter of Bangkok's famous river.

Part of complete coverage on
updated 10:37 PM EDT, Sun April 13, 2014
The site of the world's first 3D printed house in northern Amsterdam.
Almost every day for the past month, a crowd of curious onlookers has gathered in northern Amsterdam to gawp at three curious structures.
updated 2:05 AM EDT, Wed April 2, 2014
If cranes are a visual barometer of the economic vibe of a city then central Beirut is buzzing.
updated 2:51 AM EDT, Mon March 31, 2014
Twenty years ago one of the most remarkable two hectares of urban space was demolished: Kowloon Walled City in Hong Kong.
updated 7:51 AM EDT, Wed March 26, 2014
"Sorry, I don't go south of the river," was once a common refrain from central London taxi drivers. Not anymore.
updated 7:51 AM EDT, Thu March 13, 2014
For centuries, Ras Al Khamiah was a strategic outpost along the ancient silk road trading route.
updated 9:19 PM EST, Mon March 3, 2014
Where does the big money go in global property investment?
updated 9:01 PM EST, Tue March 4, 2014
It was once the place Greeks flocked to when leaving for pastures new. Can it become a destination?
updated 9:01 PM EST, Mon February 24, 2014
Shipping containers have transfomed an old mill into social housing in central Johannesburg.
updated 9:23 PM EST, Mon February 24, 2014
A third of the houses on Britain's second most expensive street are lying vacant.
updated 7:12 AM EST, Thu February 27, 2014
An artists impression of a nightclub in the Arsenal metro sation in Paris.
What would be the most sensible way for a city to make use of its old and disused metro stations?
updated 9:04 PM EST, Tue February 4, 2014
London's St Pancras station pictured from above.
Some of central London's most historic areas and landmarks have been getting a modern makeover.
updated 9:15 PM EST, Tue January 28, 2014
It's big, bold and oh so Abu Dhabi -- a city far from unfamiliar with ostentatious developments.
updated 7:13 AM EST, Fri January 24, 2014
An underground pool and gym area.
Wealthy residents are installing swimming pools, gyms and golf ranges in London's luxury basements.