The palace was revived by King Rama IV of the Chakri Dynasty , better known in the West as King Mongkut (1851-1868), who had a temporary residence constructed on the outer island that became the site of the Neo-Gothic style monastery , Wat Niwet Thamprawat, which was built by his son and heir, King Chulalongkorn (Rama V).
The present-day royal palace dates from the reign of King Chulalongkorn (1868-1910), when most of the buildings standing today were constructed between 1872-1889.
Today the palace is used occasionally by Their Majesties King Bhumibol Adulyadej (Rama IX) and Queen Sirikit as a residence and for holding receptions and banquets.