Grand Siritara Condominium
195/70 Somphot Chiang Mai 700th Anniversary Road, Mae Hia Subdistrict, Mueang Chiang Mai District, Chiang Mai, 50100
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EIA Permission
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Completed
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Project Concept
Grand Siritara Condominium is shaped around a “livable Chiang Mai” design idea, blending the calm character of Mae Hia with a contemporary, practical look. The overall mood is simple and warm rather than flashy, aiming for everyday comfort and long-term usability.
The building layout and shared areas prioritize natural light and airflow, helping interiors feel open and reducing heat buildup in Northern Thailand’s climate. A modern, clean-lined architectural language is softened with earth-tone palettes and calming finishes, creating a relaxed atmosphere that suits both residents and long-stay tenants.
Another key concept is privacy at a manageable scale. Spatial planning focuses on efficient, clearly defined zones, with functional storage and work corners that match urban lifestyles. This approach supports people who want a quieter home base while still staying connected to the city.
From an investment perspective, the design direction aligns well with demand in the area near Chiang Mai International Airport and main routes into town. By emphasizing comfort, easy maintenance, and practical room functions, the project positions itself as a stable option for owner-occupiers and for rental use, especially for tenants seeking a calm, well-organized living environment.
Project Highlights
Grand Siritara Condominium is located in Mae Hia, Chiang Mai - a residential pocket that balances a calmer atmosphere with easy access to the city. This positioning suits local professionals, students, and investors seeking stable long-term rentals supported by nearby employment and lifestyle destinations.
- Mae Hia location close to key hubs on the south side of Chiang Mai, including Central Plaza Chiang Mai Airport, Chiang Mai International Airport, and the Old City area, making daily routines and weekend plans straightforward.
- Convenient driving with practical connectivity to main roads such as Chiang Mai-Hang Dong Road and Mahidol Road, helping reduce commute time for airport trips and city access.
- Everyday-focused facilities designed for real use, such as a welcoming lobby, relaxation areas, and security systems that enhance livability and tenant confidence.
- Investment angle Mae Hia typically attracts long-stay tenants who want proximity to the airport and city amenities, which can help smooth occupancy compared with areas relying heavily on short-term tourism demand.
Overall, the project stands out as a “balanced” choice: quiet enough for living, yet connected enough to support consistent rental potential.
Description
Grand Siritara Condominium is a low-rise condominium located at 195/70 Mae Hia, Mueang Chiang Mai, Chiang Mai 50100. The project is situated in the Hang Dong - Mae Hia area, close to Chiang Mai - Hang Dong Road and surrounded by daily conveniences, making it suitable for both owner-occupiers and rental demand from local professionals and expatriates.
The development consists of 1 residential building, 7 storeys high, with approximately 79 units and on-site parking for residents. Unit types commonly include studio, 1-bedroom, and 2-bedroom layouts. Some units offer a separate living area and kitchen, supporting practical long-term living.
Facilities include a swimming pool, fitness room, passenger lift, common area, and parking spaces. The security system includes CCTV, keycard access, and security personnel. The project was completed around 2009. It is managed under a condominium juristic person structure for residential upkeep, while the specific developer name and property management company are not clearly identified in publicly available sources.
A key advantage of the project is its location near CentralPlaza Chiang Mai Airport, Chiang Mai International Airport, Big C Mae Hia, and several international schools. This helps support long-term residential appeal in the area. For a nearby comparison, see Vina Town Chiang Mai.
Price Trend
Grand Siritara Condominium in Mae Hia, Chiang Mai is driven more by airport and Mahidol Road demand than by mass transit (Chiang Mai has no operating urban rail in 2026). As a result, prices tend to move gradually, while rental take-up can remain steady for well-furnished units.
- 2026 resale pricing: 1-bedroom units around 32-35 sq.m. typically trade at about THB 1.75-2.10M, equivalent to roughly THB 55,000-62,000 per sq.m.
- Average rent: THB 8,500-10,500 per month on annual leases for fully furnished units.
Rental Yield (worked example): Buy at THB 1.90M and rent at THB 9,500 per month. Annual rent = 9,500 x 12 = THB 114,000. Gross yield = 114,000 divided by 1,900,000 = 6.0% per year (before common fees, taxes, and vacancy).
Capital Gain outlook: Against nearby projects in the southern city zone such as Airport Home and Vina Town, a realistic 2026 appreciation range is about 2-4% per year, assuming good building maintenance and stable occupancy. The key downside is Chiang Mai’s relatively competitive resale supply; units that are dated or poorly presented may require price discounts to transact.
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