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Rhythm Charoennakhon IconicUnder construction

Rhythm Charoennakhon Iconic

RHYTHM เจริญนคร ไอคอนิค

Charoen Nakhon Road, next to BTS Charoen Nakhon, Khlong San, Bangkok · Riverside

Starting from

฿5.9M

35-130 sqm

2027

  • 577 units, 35-130 sqm, from ฿5.9M
  • 29th-floor sky lounge overlooking the pool
  • 180 m to BTS Charoen Nakhon
  • 200 m to ICONSIAM

Unit types

1BR1BR Plus2BR3BR

Facilities

Grand Lobby Lounge29th-Floor Sky LoungeSky Gallery LoungePrivate Fitness CenterSky Club & Reception Lounge

Construction progress

87%

Expected completion 2027

AI Investment Insights

82

/100

Investment score

Location8/10
Value7/10
Developer8/10
Transit9/10
Est. gross rental yield: 4.55.5% per yearGrowth outlook: HighSuits: Rental investor · Own-stay buyer · Flipper

Rhythm Charoennakhon Iconic offers rare proximity to both BTS Charoen Nakhon and ICONSIAM in a district benefiting from strong infrastructure-driven growth, backed by a reliable SET-listed developer and advanced construction progress. Pricing sits at a premium for the Thonburi riverside, so returns will lean more on capital appreciation than headline rental yield.

Strengths

  • Just 180m from BTS Charoen Nakhon and 200m from ICONSIAM, placing it at the heart of Bangkok's riverside redevelopment boom
  • AP Thai is a SET-listed developer with a strong transit-oriented delivery record
  • 87% construction progress significantly reduces completion risk versus typical off-plan launches
  • Wide unit mix (35-130 sqm) supports both rental demand and owner-occupier appeal

Watch out for

  • Charoen Nakhon side of the river is still less established than the Sukhumvit/Silom riverside core, so premium pricing carries some execution risk
  • 577 units add meaningful new supply to an already active riverside condo pipeline, which could pressure rental yields
  • Price per sqm (~168,600 THB) is high relative to the district's typical yield range, capping near-term rental returns

AI analysis · claude-sonnet-5 · August 19, 2026 · AI-generated analysis based on public data. Not investment advice — verify with the developer before deciding.

🧮 True-cost & yield calculator

For foreign buyers paying cash. Adjust any assumption — estimates only.

Prefilled from this project's AI analysis

Tax is simplified — confirm with a tax adviser.

Total acquisition cost

฿6.05M

Purchase price฿5.9M
Transfer fee฿59K
Sinking fund฿21K
Common fee prepay฿25K
Furniture฿0
FX transfer cost฿44K

Net annual rental income

฿192K

Net yield

3.2%

Payment schedule

Reservation฿50K
Contract signing฿590K
During construction (12 months)฿590K
At transfer฿4.67M
Estimated value in 5 years฿7.53M

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All figures are estimates from adjustable assumptions — not investment advice. Verify every cost with the developer and independent advisers.