{"id":15980,"date":"2016-06-09T17:22:19","date_gmt":"2016-06-09T10:22:19","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-bangkoks-river-scene-will-transform-in-2-years\/"},"modified":"2016-06-09T17:29:18","modified_gmt":"2016-06-09T10:29:18","slug":"how-bangkoks-river-scene-will-transform-in-2-years","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-bangkoks-river-scene-will-transform-in-2-years\/","title":{"rendered":"How Bangkok\u2019s river scene will transform in 2 years"},"content":{"rendered":"


\nThe \u2018Venice of the East\u2019 now has luxury cruisers reminiscent of Venetian river boats
\nChao Phraya River (Image credit: Bangkok.com)
\nBangkok\u2019s majestic Chao Phraya River won\u2019t be the same over the next couple of years.
\nDevelopers, hoteliers, and retailers are swooping on its banks as demand rises for properties with great views of the river and train routes move closer.
\nA series of upscale property developments amounting to more than THB200 billion (USD5.5 billion) will have been completed around the iconic waterway by 2018, The Nation reported.
\nAmong them is the joint venture by CP Group, Siam Piwat Co, and Magnolia Quality Development Corp to develop a 750,000-sqm stretch of the riverside. Costing THB54 billion (USD1.6 billion), their IconSiam development will open in 2017 with upmarket retail complexes, condominium blocks, and a USD11.5 million water-fire-sound-and-light feature.
\nMore: Bangkok riverside: the city\u2019s final development frontier
\nThe Chao Phraya area remains a plum piece of real estate more than ever. Thai Condominium Association president Prasert Taedullayasatit told The Nation last year that Chao Phraya land prices hovered at THB150,000-200,000 (USD4,200-5,600) per square wah, compared with THB50,000 (USD1,400) per sq wah in 2011.
\nA new route in Bangkok\u2019s mass transit network, the\u00a0BTS Skytrain Gold Line, is expected to drive more locators to the area when it starts running along the river next year.
\nThere\u2019s even a more posh way to navigate Chao Phraya. Lifestyle brand X2 launched in May a fleet of custom-designed river cruisers inspired by taxi boats in Venice.
\nFully air-conditioned with leather interiors and powered by Alfa Romeo turbo engines, the river cruisers open up to a targa-style roof for sightseeing along the Chao Phraya \u2013 itself the \u2018Venice of the East.\u2019
\n\u201cMost people may think of Bangkok as a busy city with streets full of cars, tuk-tuks, buildings and malls, but actually Bangkok has other interesting sights,\u201d Anthony McDonald, CEO and founder of X2, said. \u201cWe see the lives along Chao Phraya River and canals are one of them.\u201d
\n
\nSource : property-report.com
\nRead more…How Bangkok\u2019s river scene will transform in 2 years<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The \u2018Venice of the East\u2019 now has luxury cruisers reminiscent of Venetian river boats Chao...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-15980","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-49K","jetpack-related-posts":[{"id":22596,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bangkoks-most-expensive-penthouses-break-real-estate-record\/","url_meta":{"origin":15980,"position":0},"title":"Bangkok\u2019s most expensive penthouses break real estate record","date":"August 11, 2016","format":false,"excerpt":"\r A\u00a0Four Seasons Private Residence penthouse costs USD9.12 million Four Seasons Private Residence has made waves and set records since being launched early in 2015. 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