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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

฿7.9M

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

Tracking history

Tracked since October 5, 2026. Price, construction and status are checked every two days.

  • 2026-10-05Price: ฿5.9M → ฿7.9M

AI Investment Insights

82

/100

Investment score

Location8/10
Value7/10
Developer8/10
Transit9/10
Est. gross rental yield: 4.5–5.5% 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 · September 29, 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.

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Total acquisition cost

฿8.08M

Purchase price฿7.9M
Transfer fee฿79K
Sinking fund฿21K
Common fee prepay฿25K
Furniture฿0
FX transfer cost฿59K

Net annual rental income

฿265K

Net yield

3.3%

Payment schedule

Reservation฿50K
Contract signing฿790K
During construction (12 months)฿790K
At transfer฿6.27M
Estimated value in 5 years฿10.1M

Email me this breakdown

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

Track AP Thai

AP Thai made 26 price and construction changes in the last 90 days. Get an email when the next one lands.

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