Hillside Plaza & Condotel 4

Hillside Plaza & Condotel 4 is located at 50 Chang Phueak, Mueang Chiang Mai, Chiang Mai 50300, in a well-known urban area near Huay Kaew Road and Nimmanhaemin. The location is suitable for both residential living and rental investment, supported by demand from students, working professionals, and long-stay tenants.

The project is a High Rise condominium, generally recognized as a single building of around 15 floors. Verified public data on the exact number of units and parking spaces is not clearly available, so buyers should confirm with the juristic office or building management. Unit types found in the resale and rental market include studio, 1-bedroom, and some larger 2-bedroom layouts, with relatively spacious interiors compared with many newer condominiums nearby.

Common facilities typically include lobby area, elevators, parking, ground-floor retail or commercial space, and standard utility systems in line with older condotel-style developments. Security generally includes building staff, CCTV, and controlled access, although the exact arrangement may vary depending on current management.

The building was completed around 1992. However, the original developer and current management company are not consistently confirmed in public sources. For accurate legal and management details, verification with the condominium juristic person or official property documents is recommended. In terms of location value, the project remains attractive due to its proximity to Maya Lifestyle Shopping Center, Chiang Mai University, and Nimman area. A nearby comparable project is The Nimmana.

Hillside Plaza & Condotel 4 sits in Chang Phueak-Santitham, close to Nimman and Chiang Mai University. As an older condominium, demand is driven mainly by students, office staff, and long-stay tenants. This typically results in steadier pricing rather than aggressive appreciation, especially compared with nearby projects like The Nimmana and the One Plus cluster, which often trade at higher price per sq.m.

• 2026 resale pricing: Studio 30 sq.m. averages THB 1.35M, or ~THB 45,000 per sq.m. One-bedroom 45 sq.m. averages THB 2.10M, or ~THB 46,700 per sq.m.
• Average rent: Studio ~THB 7,500 per month; one-bedroom ~THB 10,500 per month (typical 12-month lease, basic furnishing).
• Rental Yield (shown calculation): Studio bought at THB 1.35M, rented at THB 7,500 per month. Annual rent = 7,500 x 12 = THB 90,000. Yield = 90,000 ÷ 1,350,000 = 6.67% per year (before common fees, vacancy, and maintenance).

Capital gain outlook: Given building age and ongoing supply in Santitham, price growth is usually modest, roughly 1-3% per year. Units in good condition or renovated tend to be more liquid. The key risk is rental competition from newer condos, so an investor-friendly approach is to “buy below market and focus on yield” rather than relying on short-term price upside.