Menam Residences
Menam Residences is a multi-award winning iconic riverside residential tower on Charoen Krung Road. Situated in an exclusive riverside area of Bangkok, the project is supported and surrounded by five-star amenities.
Menam Residences comprises 294 luxury FREEHOLD residences on 54 floors. All units come with spectacular Chao Phraya River views. The project is now ready to move in.
Menam Residences has adopted a "single-loaded corridor" design so that every unit will benefit from splendid Chao Phraya River views.
Fully equipped kitchens and high-end kitchen appliances are supplied as standard, and fixtures and fittings throughout are first-class.
Duplex residences have been specially designed to be truly relaxing family homes, with terraces of 4- and up to 8-meters in length in each residence giving an unobstructed view of the city skyline and the Chao Phraya River.
The project also provides excellent facilities spanning over 3 levels to suit the different moods and needs of your day. On the ground floor, residents can stroll along the extensive lush gardens and riverside walkway or enjoy running on the jogging track. The main facilities are on the 10th floor including the infinity-edged swimming pool, fitness room, an indoor and outdoor onsen, sauna, steam rooms, children's playroom and library. The Sky Lounge on the 41st floor is your multi-purpose space for socializing or simply to enjoy the views.
In addition to the project’s own facilities, Menam Residences is a part of the Menam Riverside Compound that includes the 5-star Ramada Hotel and a planned multi-purpose building. This means residents will enjoy 5-star services including 24-hour security and guest services including housekeeping, laundry/dry cleaning, room maintenance, in-room dining, catering for private functions, transportation and doctor on-call services.
Prices start from THB 9.2 million (USD 295,000) for one-bedroom unit to THB 73.4 million (USD 2.35 million) for a duplex penthouse. The management fee is THB 60/sq.m./month (payable one year in advance) and the sinking fund is THB 600/sq.m. (payable one time on the ownership transfer date).
A total of 345 car parking spaces are provided for residents, an unusually high ratio for a Bangkok condominium development. A separate parking fee will be collected at THB 10/sq.m./month.
Factsheet
Fact
5 June 2018
Information
Project: Menam Residences
Developer: Menam Residences Co., Ltd.
Plot Size: 5-0-58 Rai (56,868 Sq.m.)
Address: Charoen Krung Road, Bangkok,
Number of building: 1
Number of floor: 54
Number of unit: 294
Completion date: 2016
Unit Type
Number of unit: 294
1-Bedroom
44.0 - 66.0 sq.m.
2-Bedroom
63.0 - 99.0 sq.m.
3-Bedroom
120.0 - 162.0 sq.m.
Duplex/Penthouse
262.0 - 287.0 sq.m.
Facilities
Parking: 120% (345 Lots)
Inifinity Edge Pool
Sauna and Steam
24 Hr. Security and CCTV
Garden
Library
Infinity Pool
Kid's Room
Indoor and Outdoor Onsen
Sky Lounge
Fitness Centre
Price/Payment
Starting Price: 9.2 mb.
Starting Size: 44.0 sq.m.
Average Price per Sq.m.: 210,000 Baht
First 40%: Within 14 days
Final 60%: 1 month after reservation date
Location
Menam Residences is strategically located in Bangkok’s riverside area on Charoen Krung Road with a well-established Chinese community in the area. It is convenient from here for residents to get around Bangkok either by BTS or by car. The project provides a shuttle boat service to Saphan Taksin BTS Station, and the Chan Road Expressway is located only 5 minutes away by car.
It also should be noted that most of large land plots in Charoen Krung area are owned by the government meaning that a freehold riverfront property is a rare find in the area. This provides an interesting upside for Menam Residences in terms of capital appreciation.
A myriad of first-class amenities are all within an easy reach. Several five-star hotels, namely Shangri-La Hotel Bangkok, Mandarin Oriental Bangkok and Royal Orchid Sheraton Hotel & Towers, are all located nearby, providing excellent dining options. Asiatique The Riverfront, a popular shopping and dining destination with hundreds of shops, boutiques, bars and restaurants, is only a short walk away. For more local inexpensive food, there are plenty of food options in shophouses along Charoen Krung Road.
Notable schools in the area include Shrewsbury International School, Assumption College, Assumption Convent School and Assumption Suksa School. The location of Menam Residences also greatly benefits from close proximity to the Silom and Sathorn areas, the central business districts in Bangkok.
nearby amenities
BTS Saphan Taksin
Expressway
Shrewsbury International School
Assumption College
Bangkok Christian College
Assumption Convent School
BNH Hospital
Bangkok Christian Hospital
Asiatique the Riverfront
Sena Fest
LHONG 1919
ICONSIAM
Vue
Robinson Bangrak
upcoming infrastructure
An upcoming riverfront landmark is ICONSIAM, a mega mixed-use project jointly developed by Siam Piwat, Magnolia Quality Development Corporation (MQDC) and CP Group. Located on the Thonburi side of the river, the project is set to be a new global travel destination, comprising over 500,000 sq.m. of retail space, a river park, an indoor floating market, ICONSIAM Heritage Museum, a sports complex, a world-class auditorium, a large theater, a theme park, and super luxury riverfront condominiums. Takashimaya, the premium Japanese department store, will open its first department store in Thailand here. ICONSIAM is currently under construction and it is scheduled to be completed by the end of 2018.
The Gold Line Monorail will link at Krung Thonburi BTS Station, one station away from Saphan Taksin BTS Station, offering easy access to ICONSIAM. This monorail line is expected to start operation at the end of 2019.
The third phase of the Grey Line Monorail is also being studied to replace the existing Bus Rapid Transit (BRT) route, running from Chong Nonsi BTS Station to future Tha Phra MRT Station.
highlights
- Location: Ideally located in Bangkok’s riverside area, near Saphan Taksin BTS Station and Chan Road Expressway, only a few-minutes drive to Bangkok’s CBD in Silom/Sathorn.
- Price: Competitively priced at around THB 200,000/sq.m., lower than the average price of new riverfront condominiums.
- Investment: Excellent prospects for capital growth as a rare freehold riverfront property in the Charoen Krung area, and from upcoming mega projects on the riverside nearby. Properties in the area enjoy around 6% rental yield.
- Payment Terms: 40% upon signing the sale and purchase agreement and 60% upon transfer. Up to 70% mortgage finance available for foreigners.
- The Developer: Menam Residences Company Limited and the Ramada Plaza Menam Riverside Hotel Bangkok have over thirty years of experience in hospitality business
- Extras:
- Enhanced privacy and spectacular Chao Phraya River views from the single-loaded corridor design
- Five-star services including guest services, a la carte service upon request, housekeeping, laundry/dry cleaning, room maintenance, in-room dining, catering for private functions, transportation and doctor-on-call services
