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Nue Ren ChaengwattanaUnder construction

Nue Ren Chaengwattana

นิว เรน แจ้งวัฒนะ

Chaengwattana, Bangkok, Thailand · Chaengwattana

Starting from

฿1.89M

27.00-34.80 sqm

2027

  • ✦ 2 Mins* To BTS & Government Complex
  • ✦ Next To 3 Malls
  • ✦ Shuttle Bus service to BTS
  • ✦ New Comfort Living Condo, In The Heart Of Chaengwattana. Experience Now At Show Room
  • ✦ 5% construction complete, expected completion 2027

Unit types

1BR1BR+

Documents & downloads

Construction progress

7%

Expected completion 2027

Official land value here

฿30K per sq.wah

≈ ฿7,500 per m² of land

Pricier land than 36% of tracked locations

Official zone appraisal by the Treasury Department (2023-2026 cycle), median of 43 land parcels within 150 m of the project pin. Land value, not unit price; government appraisals typically sit below open-market prices.

The public record

EIA approved November 19, 2024

Recorded statusNot started
Filed byเวอร์ติคอล แจ้งวัฒนะ อัลไลแอนซ์ จำกัด

From Thailand's national environmental assessment register (ONEP). An approval is not a promise the project gets built, and a project without a record here may simply have filed under a subsidiary name.

Check the filing at ONEP →

What the city plan allows here

Medium-density residentialY5-1

Floor area ratio (FAR)4

A plot in this zone may hold 4 times its own area in floor space.

Open space required7.5%

Bangkok comprehensive plan, the 2013 regulation in force. These are zone rules, not plot rules: setbacks, road width and the project's own EIA conditions apply on top.

Around the address

18 amenities mapped within 800 m

Cafés & restaurants 6Convenience 3Supermarkets 3Pharmacies 2Schools 1

Nearest flood point the city monitors: 274 m away. 3 monitored points sit within 1.5 km.

Amenities from OpenStreetMap. Flood points are road locations the BMA drainage department monitors, not a risk rating for this building.

Tracking history

Tracked since July 21, 2026. Price, construction and status are checked every two days.

  • 2026-07-21Construction: 5% → 7%

AI Investment Insights

58

/100

Investment score

Location6/10
Value7/10
Developer6/10
Transit5/10
Est. gross rental yield: 5–6.5% per yearGrowth outlook: HighSuits: Rental investor · Own-stay buyer

Nue Ren Chaengwattana offers an affordable entry point into a district benefiting from Pink Line connectivity and government-office demand, making it reasonably attractive for rental investors targeting small-unit tenants. However, early-stage construction (5% complete, 2027 handover) and reliance on shuttle transit rather than direct station access temper the near-term risk-adjusted appeal.

Strengths

  • Small, affordable unit sizes (27-34.8 sqm) suit rental demand near government offices
  • Positioned in a growth corridor benefiting from Pink Line and government-hub expansion
  • Adjacent to three malls for retail convenience
  • Entry price (~THB1.89M) is competitive for the district, supporting reasonable rental yields

Watch out for

  • Only 5% construction progress with completion not until 2027, adding delivery-timeline risk
  • No published total unit count, floor count, or exact transit distance reduces transparency
  • Marketed '2 mins to BTS' claim seems inconsistent with reliance on a shuttle bus service, suggesting the station isn't truly walking distance

AI analysis · claude-sonnet-5 · October 14, 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

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Total acquisition cost

฿1.96M

Purchase price฿1.89M
Transfer fee฿19K
Sinking fund฿16K
Common fee prepay฿19K
Furniture฿0
FX transfer cost฿14K

Net annual rental income

฿62K

Net yield

3.2%

Payment schedule

Reservation฿50K
Contract signing฿189K
During construction (12 months)฿189K
At transfer฿1.46M
Estimated value in 5 years฿2.41M

Email me this breakdown

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

Track Noble

Noble made 5 price and construction changes in the last 90 days. Get an email when the next one lands.

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