The Ritz-Carlton Bangkok, The Riverside, rendered from the Chao Phraya River: a stepped tower above low-rise wings framing a circular opening at ground level, a paved promenade along the bank, and a long wooden boat
Render: Asset World Corporation
Market intelligence13 August 20266 min read

The Ritz-Carlton Bangkok, The Riverside: both banks of the Chao Phraya

Asset World Corporation is building a 192-key Ritz-Carlton on both banks of the Chao Phraya: a new 20-storey tower and two restored buildings at The Lhong 1919, and a shophouse at Song Wat. Around it come The Songwad Scape and The Songwad Lanes. Opening is targeted for 2028.

The Ritz-Carlton Bangkok, The Riverside is a Ritz-Carlton hotel being developed by Asset World Corporation with Marriott International on both banks of the Chao Phraya River: 192 keys in AWC’s latest count, in a new 20-storey tower and restored heritage buildings at The Lhong 1919 and a shophouse at Song Wat, with opening targeted for 2028. The river, not a road, is what joins the two halves.

Update, 22 October 2026: AWC’s own figures have moved since the 2022 signing this piece first followed. Its release of 9 June 2025 gives 192 keys rather than 166 and no longer names The Mansion-SongWad, and its release of 11 August 2026 still gives 2028 for the opening. Neither mentions residences.

192
keysAWC's count of 9 June 2025, up from 166 in the 2022 plan.
20
storeys in the new towerAt The Lhong 1919, beside two restored buildings.
2028
opening targetRepeated by AWC on 11 August 2026.

A hotel on two banks

  • 168 keys at The Lhong 1919 Riverside Heritage Destination, on the Charoen Nakhon bank: a new 20-storey tower and two restored buildings
  • The rest of the 192 at the Song Wat Shophouse, across the river
  • The 2022 plan had 166 keys over three sites, including The Mansion-SongWad, which AWC’s 2025 release no longer names

AWC’s 2022 plan linked the sites by a dedicated shuttle boat rather than a road, and its 2025 release still sells the stay as a river journey. That makes the river the corridor of the hotel, which is how this stretch of Bangkok worked for a century before roads arrived.

Aerial masterplan render of The Ritz-Carlton Bangkok, The Riverside: the Ritz-Carlton tower, low-rise riverside buildings and pools inside a red dashed boundary, with yellow markers for The Songwad Scape and The Songwad Lanes across the Chao Phraya
The whole picture: the hotel site outlined in red on one bank, the two Songwad projects marked opposite, and a walkway running out across the water. Render: Asset World Corporation, sites marked

What is being preserved

Existing heritage buildings are being kept rather than cleared, which is rare on this river.

Read the full explanation

The Lhong 1919 is a nineteenth-century Thai-Chinese river port compound, built around a courtyard and a shrine to Mazu, the sea goddess. AWC has said the existing buildings and the shrine are being kept. The design idea is stated as Yin and Yang: the stillness and heritage architecture of The Lhong 1919 on one bank, answered by the working street life of Song Wat on the other.

Song Wat is one of the oldest commercial streets in Bangkok, a row of trading shophouses along the river edge of Chinatown that has in the last few years become one of the city’s better neighbourhoods for coffee, small galleries and independent kitchens without being rebuilt.

A low-rise riverfront building at The Ritz-Carlton Bangkok, The Riverside lit from within at dusk, stepped pale-stone terraces set around a red central gateway, white umbrellas below, reflected in the Chao Phraya
A riverfront building lit from within at dusk, its terraces reflected in the Chao Phraya. Render: Asset World Corporation

The two projects around it

It does not stand alone. Two more schemes share the stretch.

Read the full explanation

AWC has announced two further schemes on the Song Wat side. The Songwad Scape is a mixed-use destination described as gallery, retail, cafe and riverside terrace space with a cultural programme. The Songwad Lanes is a conservation project restoring the old shophouse rows into cultural and commercial use. A pedestrian bridge across the Chao Phraya has also been discussed publicly.

Read together, this is not one hotel being inserted into a district. It is a district being assembled, which is the same pattern AWC has followed at Woeng Nakornkasem in Yaowaraj.

What about the residences

No homes have been announced here. We say so rather than implying otherwise.

Read the full explanation

AWC’s 2022 announcement said the development would include a luxury residence alongside the hotel. Its releases of June 2025 and August 2026 do not mention residences, and as of 22 October 2026 there is no published unit mix, no floor sizes, and no pricing or sales timetable. We are saying that plainly because a lot of what is currently written about “Ritz-Carlton residences Bangkok riverside” is invention. When AWC releases the numbers, they will appear here and on our branded residences register.

How the riverside prices against the park axis

The river asks less per square metre than the park does, and the reasons are structural.

Read the full explanation

The Chao Phraya is Bangkok’s second luxury axis, anchored by ICONSIAM, Four Seasons, Capella and The Peninsula. It sells space and river frontage, and it asks for patience on rail access. The park-axis corridors around Lumphini and Wireless Road sell the opposite: less space per baht, and a walk to everything.

Neither is the right answer in general. A buyer who wants a large lateral home with a view that will not be built out should look hard at the river. A buyer whose day involves offices, schools and hospitals should look at the park axis. What we will not do is tell you the one we happen to be selling is the one that suits you.

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If this raised a question about your own purchase, leave it here. You will get a considered answer from our team, not a sales sequence.

Common questions

What is The Ritz-Carlton Bangkok, The Riverside?

A Ritz-Carlton hotel being developed by Asset World Corporation with Marriott International on both banks of the Chao Phraya River, around heritage buildings rather than in one tower. AWC's release of 9 June 2025 gives 192 keys: 168 at The Lhong 1919 Riverside Heritage Destination on the Charoen Nakhon bank, in a new 20-storey tower and two restored buildings, and the rest at the Song Wat Shophouse across the river. The 2022 announcement had 166 keys over three sites, linked by a dedicated shuttle boat.

When does it open?

AWC held its first piling ceremony on 9 June 2025 and targets an opening in 2028, a date it repeated on 11 August 2026. Large heritage-integrated projects carry more programme risk than a standard tower, because conservation work and new construction have to proceed together, so treat 2028 as the intention rather than a fixed date.

Will there be residences to buy?

AWC's 2022 announcement said the development would include a luxury residence alongside the hotel. Its releases of June 2025 and August 2026 do not mention residences, and as of 22 October 2026 no unit mix, pricing, or sales timetable has been published. Anyone reading a specific price for these residences today is reading speculation. Embark will publish the numbers when AWC releases them.

What are The Songwad Scape and The Songwad Lanes?

Two further AWC projects announced for the Song Wat side of the river. The Songwad Scape is described as a mixed-use destination with gallery, retail, cafe and riverside terrace space. The Songwad Lanes is a conservation project restoring the district's old shophouse rows into cultural and commercial use. Together with a proposed pedestrian bridge over the Chao Phraya, they point at a riverside district being rebuilt rather than a single hotel being inserted into it.

Is the riverside a sound place to buy in Bangkok?

The Chao Phraya riverside is a genuine second luxury axis in Bangkok, anchored by ICONSIAM, Four Seasons, Capella and The Peninsula, and it prices differently from the park-axis corridors around Lumphini. It rewards buyers who want space and river frontage, and it asks more patience on rail access than Wireless Road or Langsuan do. Embark advises on both, and we will tell you plainly which fits your brief.

The Embark Quarterly sends considered writing on Bangkok's central residential market and the Thai coast four times a year. No marketing, no sales.

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