Hillside 3 Condominium

Hillside 3 Condominium is located on Nimmanhaemin Soi 8, Suthep Subdistrict, Mueang Chiang Mai District, Chiang Mai 50200, in one of Chiang Mai’s most established lifestyle neighborhoods. The project is a Low Rise condominium, suitable for both urban living and investment, especially for buyers seeking rental demand from the Nimman area and nearby Chiang Mai University.

Publicly available sources generally indicate that the project was completed around 1995. It is known as a condominium with 1 building and 8 floors. However, the total number of units and parking spaces could not be consistently verified from reliable public sources, so buyers should confirm these details with the juristic office or project management. Unit types found in the resale market include studio, 1 bedroom, and some larger customized layouts.

Facilities commonly associated with the project include elevator access, parking, ground floor retail or commercial space in some sections, and controlled building access. Security features include CCTV and security personnel in common areas. Some details may vary depending on building upgrades and management in each period.

In terms of location, the condominium offers convenient access to Nimmanhaemin Road and Huay Kaew Road, and is close to MAYA Lifestyle Shopping Center and One Nimman. Chiang Mai currently does not have an operating mass transit rail system, so there is no nearby BTS or MRT station. For a nearby condominium in the same area, see The Nimmana. The project developer and current management company could not be clearly confirmed from public online sources.

Hillside 3 Condominium (Nimmanhemin Soi 8, Chiang Mai) remains a rental-driven asset in 2026, supported by steady demand from professionals, students, and long-stay foreigners. Compared with nearby projects such as The Nimmana and the One Plus cluster, Hillside 3 competes on location and livability, while rent levels depend heavily on unit condition and renovation.

• Resale price per unit (2026): Studio to 1-bedroom units around 30-45 sq.m. typically trade at THB 2.35-3.60M.
• Price per sq.m.: approximately THB 78,000-92,000 per sq.m., with renovated units pricing at the upper end.
• Average rent: about THB 14,000-20,000 per month for fully furnished units.

Rental Yield (worked example, 35 sq.m.): Purchase price THB 2.80M, monthly rent THB 16,500 - annual rent THB 198,000. Gross yield = 198,000 ÷ 2,800,000 = 7.07% per year (before common fees, taxes, and vacancy).

Capital Gain outlook: Nimman pricing is relatively mature, so upside is more gradual than explosive. Assuming a realistic 2-4% annual appreciation for 2026-2028, a THB 2.80M unit could move to roughly THB 2.91-3.03M within 1-2 years. Key drivers are building upkeep, renovation quality, and the ability to sustain above-market rent versus nearby supply.