Mekin HAUS

Mekin HAUS is a low-rise condominium located at 91 Fah Ham, Mueang Chiang Mai, Chiang Mai 50000. The project is positioned in the Fah Ham area, close to key commercial zones and major shopping destinations in Chiang Mai, making it suitable for both owner-occupiers and investors seeking rental demand.

The development consists of 1 residential building with 7 floors and around 69 units. Parking is available for residents. Unit types mainly include 1-bedroom and 2-bedroom layouts, designed for practical urban living and suitable for working professionals, couples, and buyers looking for a compact condominium in Chiang Mai.

Facilities include a swimming pool, fitness room, lobby, common area, and passenger lift. The security system includes controlled access, CCTV, and security personnel, helping provide confidence for residents.

The project was completed around 2015 and developed by Mekin Development. Property management depends on the project's juristic management operation at each period. The location offers convenient access to Central Festival Chiang Mai, Theppanya Hospital, and the Super Highway. A nearby condominium project is Supalai Monte 2 Chiangmai.

Mekin HAUS in the Fa Ham-Kaew Nawarat area benefits from proximity to Central Chiang Mai and the riverside business zone. In 2026, rental demand is driven mainly by long-stay tenants such as office workers and urban residents rather than short-term tourism. Compared with nearby projects like Supalai Monte 2 and The Treasure, Mekin HAUS sits in a mid-to-upper resale bracket, with pricing supported by location and tenant profile.

• Resale price per unit: 1-bedroom 30-35 sq.m. typically 2.35-2.85 MB.
• Price per sq.m.: about 78,000-92,000 THB per sq.m. (good view corner units can reach ~95,000).
• Average rent: 12,000-16,000 THB per month for 1-bedroom; studio 10,000-12,000 THB per month.

Rental Yield (2026): Example 32 sq.m. unit priced at 2.56 MB, rented at 14,000 THB per month. Annual rent = 168,000 THB. Yield = 168,000 ÷ 2,560,000 = 6.6% gross. After common fees and vacancy risk, net yield typically falls to around 5.3-5.8% depending on tenant turnover and furnishing quality.

Capital Gain outlook: Based on recent area movement (roughly 2-4% per year during 2024-2025), 2026 upside is estimated at +3-6% for well-furnished, higher-floor units. However, new supply around the Central zone may cap price growth, so performance tends to depend on unit condition, view, and stable long-term tenants rather than broad market appreciation.