Preliminary render of Reference BAIE River Bangpho, SC Asset's riverside towers on the Chao Phraya beside the SI NEXT medical institute in Bang Pho, Bangkok
Preliminary render, marked First Draft.
Market intelligence30 July 20264 min read

Reference BAIE River Bangpho: SC Asset's first riverside condominium

SC Asset has secured a 13.9-rai Chao Phraya plot in Bang Pho for its first-ever waterfront condominium, Reference BAIE River Bangpho. What is confirmed, drawn from land records, trade press, and the developer's own registration page.

Reference BAIE River Bangpho is SC Asset’s first Chao Phraya riverside condominium, on a plot of more than 13 rai in Bang Pho with direct river frontage. Unlike much of the pre-launch chatter in Bangkok’s property scene, this one is backed by land records, trade press, and a live registration page on the developer’s own domain. It sits on the riverside corridor, in a district about to be reshaped by one of the largest medical infrastructure investments in the city’s history.

Update, 22 October 2026: SC Asset’s own project page now advertises one-bedroom residences from THB 4.59 million, fully furnished, and takes registrations to visit the project. Its September 2026 factsheet sets out seven residence types, from a 23.8 sq m studio to a 274.4 sq m penthouse, priced from THB 2.79 million to THB 50 million on its terms of 31 August 2026. SC Asset’s own pages give no launch date. Every residence type and size.

The Chao Phraya riverside site at Bang Pho today, with SC Asset's hoarding on the river bund and the Bangkok skyline behind
The Bang Pho riverside site today, SC Asset’s hoarding on the river bund. Photo: Embark Estate

What is confirmed

The developer, the site, and the announcement date. That is the whole of it.

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According to Thai business daily Prachachat, the site is held by SC CD 6 Co., Ltd., an SC Asset development entity, and covers more than 13 rai fronting Pracharat Sai 1 Road with direct river frontage behind it. The confirmed programme is three residential towers connected by a shared podium, totalling 1,742 units, with pricing expected below THB 150,000 per square metre. That positions the project well below Bangkok’s top-tier riverside developments and closer to an accessible premium tier.

Preliminary render of the riverfront gardens and pool deck at Reference BAIE River Bangpho, below the towers on the Chao Phraya
The riverfront gardens and pool deck below the towers. Preliminary render, marked First Draft.

The project is marketed under Reference, SC Asset’s condominium line aimed at Gen Y buyers, first launched in 2022 and since followed by Reference Ekkamai. This is the brand’s first waterfront entry, taking its name from the French word for bay. SC Asset had opened interest registration through its own domain by July 2026, before any launch event, an unusually concrete step, and preview coverage of early EIA documentation points to pet-allowed zones on at least some floors.

SC Asset's official teaser for Reference BAIE River Bangpho, reading The New Era of Bangpho, where riverfront living meets the artisan soul of Bang Pho
The official teaser, already live for interest registration. Image: SC Asset

Why Bang Pho, and why now

A riverside stretch that has been quiet, and what changed.

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Bang Pho’s re-rating is not speculative. In 2026, Thailand’s cabinet approved SI NEXT, the Siriraj International Medical Institute, a roughly THB 17 billion project from Mahidol University’s Faculty of Medicine positioned as the anchor for a new medical district along this stretch of the Chao Phraya. Infrastructure of this scale typically pulls in physicians, researchers and hospital staff who value proximity, alongside the broader demand that follows. Bang Pho already sits on the MRT Blue Line, with the Purple Line South extension planned through the area, giving two-line access rare this close to the river.

Preliminary render of the riverside pavilion and private pier at Reference BAIE River Bangpho, looking out across the Chao Phraya
The riverside pavilion and private pier on the Chao Phraya. Preliminary render, marked First Draft.

What is not yet confirmed

  • A launch date, which SC Asset’s own pages do not give (22 October 2026)
  • Which residences remain, at which price, unit by unit: the 31 August 2026 range is by residence type
  • Final areas: the September 2026 factsheet calls them preliminary and subject to change
  • A handover date

Now published by SC Asset: seven residence types from a 23.8 sq m studio to a 274.4 sq m penthouse, the three tower heights (53, 52 and 10 floors), the facilities by tower and floor, and prices by type. All of it is on the project page.

Embark Estate is tracking this one closely

We advise buyers watching this project and will update this page the day something changes.

Read the full explanation

A confirmed 13-rai riverside acquisition from a SET-listed developer, tied to one of Bangkok’s most significant medical infrastructure projects, is a rare combination. We monitor land movement and developer filings across Bangkok’s riverside and park-axis corridors, and we will update this page when SC Asset publishes a launch date and confirms which residences remain. If you are considering riverside property in Bangkok, get in touch with Embark Estate, and we will show you how this project compares on value, location and long-term growth. The practical side of buying sits in our Bangkok buyer’s guide.

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Common questions

What is Reference BAIE River Bangpho?

Reference BAIE River Bangpho is SC Asset's first Chao Phraya riverside condominium, on a plot of more than 13 rai in Bang Pho with direct river frontage. It is planned as three residential towers on a shared podium totalling 1,742 units, marketed under SC Asset's Reference brand. SC Asset's terms of 31 August 2026 run from THB 2.79 million to THB 50 million, and on 22 October 2026 its project page advertised one-bedroom residences from THB 4.59 million, fully furnished. Its name comes from the French word for bay.

Where is the Bang Pho project, and how is it connected?

On Pracharat Sai 1 Road in Bang Sue, fronting the Chao Phraya River. It sits on the MRT Blue Line at Bang Pho, with the MRT Purple Line South extension planned nearby, giving two-line access rare this close to the river, and it is within a few hundred metres of Bang Pho pier.

Why is Bang Pho drawing developer interest now?

In 2026 Thailand's cabinet approved SI NEXT, the roughly THB 17 billion Siriraj International Medical Institute from Mahidol University, positioned as the anchor of a new medical district along this stretch of the river. Major medical infrastructure typically pulls in physicians, researchers and hospital staff who value proximity, alongside the lifestyle demand that follows.

How confirmed is this project?

The land, the developer entity, the three-tower programme and the 1,742-unit count are backed by land records, Thai trade press and SC Asset's own material. SC Asset's September 2026 factsheet now sets out the seven residence types, the tower heights (53, 52 and 10 floors) and the facilities, and its terms of 31 August 2026 give prices by residence type. Not yet published on SC Asset's own pages, as at 22 October 2026: a launch date, and which residences remain at which price, unit by unit.

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