New luxury condo, prices from THB 22.8m

Banyan Tree Residences Riverside Bangkok
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Price rises in Bangkok’s luxury condo segment are slowing, according to the latest research, but that fact hasn’t stopped the launch of a new condo on the banks of the city’s Chao Phraya River.

Nirvana Daii has launched the “Banyan Tree Residences Riverside Bangkok”, what they describe as an ultimate new luxury condo in the heart of the city.

The 5-rai plot is at one of the Chao Phraya’s most spectacular bends in the Charoen Nakhon area. A press release from real estate agency CBRE noted that 27 percent of the project has already been booked.

The sales value of the entire project is reported as being more than THB 6.5 billion, with one of the 133 panoramic riverfront view new luxury condo units setting buyers back at least THB 22.9 million.

The project will be launched for sales on November 18 and November 19, 2017.

Construction of the 45-storey Banyan Tree Residences Riverside Bangkok, which began in late 2016, is currently at 20 floors – with the scheduled completion date estimated to be December 2018.

Sales and the show units will be launched at the Sales Gallery on the project’s site on November 18-19, 2017.

Andrew Batt
The author of this article is Andrew Batt, the founder and editor of Andrew has been writing about property and real estate issues in Thailand and Southeast Asia for more than 10 years. He has worked for PropertyGuru Group, DDproperty, Dot Property Group, Hipflat and AsiaRents. He has also produced content for leading Thailand property developers and real estate agencies.

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