Finn Condo 3 @Suandok
Suan Dok Rd. Suthep Subdistrict, Mueang Chiang Mai District, Chiang Mai, 50200
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Completed
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Project Concept
Finn Condo 3 at Suandok is shaped around a compact, livable “Chiang Mai urban calm” concept on Suan Dok Road, an area strongly supported by hospitals and a major university. The design direction prioritizes quiet comfort, practical daily use, and low-maintenance ownership-qualities that fit both end-users and long-term rental demand.
The architectural expression relies on clean lines and a soothing palette rather than short-lived trends. This restrained look helps the building sit naturally within the Suthep-Suan Dok neighborhood and remain contemporary over time. A key idea is to work with light and airflow: the layout is planned to bring in natural daylight to shared spaces and corridors, reducing a closed-in feeling while supporting a brighter, safer environment.
Ventilation is also considered through openings and spatial planning that encourage cross-breezes, aligning with Chiang Mai’s climate where days can be warm and evenings cooler. The result is a more comfortable indoor atmosphere and potentially reduced reliance on artificial lighting during daytime hours.
Inside the units, the concept focuses on clear zoning and efficient space use for working professionals and students. Flexible corners can serve as a rest area or a work-from-home spot. Materials and detailing lean toward durability and easy cleaning, helping control long-term upkeep.
From an investor’s viewpoint, a calm, practical design tends to lower maintenance cycles and supports steady leasing, especially among medical staff, students, and tenants who value the Suan Dok location for convenience.
Project Highlights
FINN Condo 3 @ Suan Dok stands out for its Suan Dok Road location in Suthep, Chiang Mai-a west-side city zone with real rental demand from medical staff, students, and urban professionals. With daily amenities concentrated around Suan Dok and easy access to Nimman and the Old City, the project fits both end-users and investors seeking steady tenant turnover.
- Prime west-city setting On Suan Dok Rd, close to Nimman-Huay Kaew and the Old City, helping residents keep commutes short and avoid peak congestion.
- Convenient connectivity Quick links to Huay Kaew Rd, the Irrigation Canal Road, and routes toward Chiang Mai International Airport, suitable for frequent in-city travel.
- Everyday lifestyle support Surrounded by eateries, cafes, convenience stores, and essential services in the Suan Dok-Suthep area, broadening the tenant pool.
- Differentiated appeal A more compact, privacy-oriented option for buyers who like the Nimman area (near projects such as The Nimmana) but prefer a calmer residential feel.
- Investor angle Suan Dok benefits from consistent long-stay renters; a move-in-ready unit can target stable, long-term leases.
Description
Finn Condo 3 @ Suandok is located at 24/17 Suan Dok Road, Suthep, Mueang Chiang Mai, Chiang Mai 50200. The project sits in a well connected inner city area near Suan Dok, with convenient access to the Old City, Nimmanhaemin, and Chiang Mai University, making it suitable for both owner occupancy and rental demand from medical staff, students, and urban professionals.
This condominium is a Low Rise development comprising 1 building with 7 floors and approximately 79 residential units. Parking is available for around 40% of the total units. Unit types mainly include 1 bedroom and 2 bedroom layouts, with sizes starting from about 28 - 60 sq.m. The design focuses on practical city living with a private and manageable residential scale.
Facilities generally include a lobby, fitness room, swimming pool, passenger elevator, parking area, and common spaces for relaxation. Security features include CCTV, key card access, and 24 hour security personnel.
The project was completed around 2014 and developed by Finn Development. Management is handled through the condominium juristic person responsible for common area maintenance and resident services. Its location near Maharaj Nakorn Chiang Mai Hospital, the Faculty of Medicine of Chiang Mai University, and the Nimman area supports steady rental demand. For a nearby project, see D’Vieng Santitham
Price Trend
Finn Condo 3 at Suan Dok (Suan Dok Rd, Suthep, close to Chiang Mai University’s medical campus and Maharaj Nakorn Chiang Mai Hospital) shows a 2026 market profile of “stable with mild upside”, driven by long-stay tenants such as medical staff, students, and CBD employees. Compared with nearby projects like The Nimmana or D’Vieng Santitham, pricing here tends to be less tourism-sensitive and more anchored to local demand.
- Resale price per unit: 1-bedroom, 30 sq.m. averages THB 1.95M
- Price per sq.m.: ~THB 65,000 (1.95M - 30 sq.m.)
- Average rent: ~THB 10,500 per month for a 30 sq.m. unit with basic furniture
2026 Rental Yield: (THB 10,500 x 12 = THB 126,000 per year) - THB 1,950,000 purchase price = 6.46% gross yield (before common fees and vacancy). This is relatively attractive for a university-hospital catchment area where leasing demand is consistent.
Capital Gain outlook: Using an indicative 2024 baseline of ~THB 62,000 per sq.m. versus ~THB 65,000 per sq.m. in 2026 implies about +4.8% over two years, or roughly +2.3% per year. The key investment case is steady cashflow with lower demand risk; price appreciation is expected to be gradual rather than aggressive.
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