Grand Parano Chiang Mai

Grand Parano Chiang Mai is located at 1317 Tha Sala Subdistrict, Mueang Chiang Mai District, Chiang Mai 50000. The project is in the Tha Sala area near Chiang Mai-Lampang Super Highway, offering convenient access to the city center, shopping destinations, and key transport routes. This location is suitable for both owner-occupiers and investors seeking rental demand from local professionals and expatriates.

The development is a High Rise condominium with 1 building, 23 floors, and approximately 261 residential units. Parking is available for around 40 percent of the total units. Unit types include studio, 1-bedroom, and 2-bedroom layouts, with starting sizes of around 30 square meters. The room mix supports different lifestyles, from single residents to small families.

Facilities include a swimming pool, fitness center, lobby, garden, passenger lifts, and common areas designed for daily living. The security system includes 24-hour security personnel, CCTV, and key card access control. The project was completed around 2015 and was developed by Chiangmai Rimdoi Co., Ltd. Property management is handled through the juristic management system for ongoing maintenance of common areas.

One of the main advantages of the project is its proximity to Central Chiang Mai, Bangkok Hospital Chiang Mai, and Arcade Bus Terminal. It is also close to nearby condominium developments such as Supalai Monte 2 Chiangmai, reinforcing the residential potential of this area in Chiang Mai.

Grand Parano Chiang Mai is positioned in Tha Sala-Charoen Mueang on the city’s east side, where rental demand is driven mainly by local professionals and long-stay tenants rather than short-term tourism. In 2026, pricing generally tracks nearby mid-market condos such as Escent Chiangmai and The Base Height, with unit condition, floor level, and furnishing quality creating the widest price gaps.

• Resale price per unit: 1-bedroom 28-32 sq.m. averages THB 1.65-2.05M, depending on layout and renovation.
• Price per sq.m.: typically THB 58,000-68,000 per sq.m.; well-furnished high-floor units can reach ~THB 70,000 per sq.m.
• Average rent: THB 8,500-10,500 per month for 1-bedroom; THB 6,500-8,000 per month for studios.

2026 Rental Yield: Example calculation: buy at THB 1.85M and rent at THB 9,500 per month. Annual rent = 9,500 x 12 = THB 114,000. Gross yield = 114,000 - 1,850,000 = 6.16% (before common fees, repairs, and vacancy).

Capital Gain outlook: Expect moderate appreciation of around 2-4% per year, aligned with the resale cycle of nearby projects. Over a 3-year hold from THB 1.85M, a reasonable target range is roughly THB 1.96-2.08M, with better liquidity for units that are “move-in ready” and maintain stable occupancy.