My Hip Condo 1

My Hip Condo 1

135 Moo 4 Nong Pa Khrang Subdistrict, Mueang Chiang Mai District, Chiang Mai, 50000

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Project Type

Condo

EIA Permission

approved

Quantity

22 Unit

Completed

2008

Developed By

Home Development Group Co., Ltd.

Floor Plan

No information

Project Location

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Nearby Locations

  • Payap

    1.1 km.

  • Rajabhat Chiangmai

    2.6 km.

  • Chiangmai

    4.6 km.

Project Concept

My Hip Condo 1 is shaped around a practical design concept for comfortable everyday living in the Nong Pa Khrang-Don Chan junction area. The project emphasizes a “modern, functional, and easy-to-maintain” approach, aligning with the lifestyle of city workers as well as buyers seeking rental-friendly units.

The building layout focuses on privacy and efficient circulation, aiming to minimize dead corners and separate relaxing zones from movement corridors. Architecturally, the exterior leans toward clean modern lines, softened by light color palettes and materials that feel bright and tidy. This creates a contemporary look that is less likely to feel dated over time.

Inside the units, the planning prioritizes functions that residents use daily. Kitchen and dining corners are arranged in a straightforward, organized way, while openings for daylight and ventilation help keep rooms airy and reduce daytime reliance on artificial lighting. Finishes follow a simple, neutral direction, allowing residents to personalize the space easily and control additional furnishing costs.

From an investment perspective, a concept built on real usability and low-maintenance finishes can help reduce long-term repair expenses. It also fits the rental demand of a neighborhood connected to key commercial hubs such as Central Festival Chiang Mai, where tenant turnover and leasing interest tend to remain active.

Project Highlights

My Hip Condo 1 is located in Nong Pa Khrang, Mueang Chiang Mai (18.7979712, 99.0241045), a well-established residential pocket on the east side of the city. The surrounding area hosts multiple condominium projects such as The Treasure By my Hip and Supalai Monte 2, shaping a clear “condo district” atmosphere that suits both end-users and rental investors targeting urban professionals.

  • Location East-of-city setting close to active communities and commercial zones, offering a practical balance between city access and everyday livability beyond the Old City congestion.
  • Connectivity Convenient links to key roads in Nong Pa Khrang, with easy drives toward Central Festival Chiang Mai and the Superhighway corridor. Works well for private-car users and app-based ride services.
  • Facilities A functional condominium concept designed for real daily use, supporting long-stay living and rental operations, with shared areas for relaxation and routine activities.
  • Investment edge The project benefits from a consistent tenant base drawn to nearby shopping hubs and employment areas. This “proven demand zone” can reduce vacancy risk and make tenant turnover more manageable.

Description

My Hip Condo 1 is located at 135 Moo 4, Nong Pa Khrang Subdistrict, Mueang Chiang Mai District, Chiang Mai 50000. The project sits in a convenient urban location near Big C Extra Chiang Mai and the Chiang Mai-Lampang Super Highway, making it suitable for both residential living and rental demand. It is a low-rise condominium comprising 1 building with 8 floors and approximately 145 residential units, with parking spaces available for residents.

Unit types mainly include studio and 1-bedroom layouts, suitable for 1-2 occupants. Common facilities include a swimming pool, fitness room, passenger lift, common area, and parking. Security features include CCTV, key card access, and security personnel. The project was completed around 2014. Its location is one of its key strengths, with easy access to Central Festival Chiang Mai, Bangkok Hospital Chiang Mai, and Chiang Mai Business Park.

Regarding project development, My Hip Condo 1 has been actively listed in the resale and rental market, but publicly available information about the project developer and current juristic management remains limited. Buyers and investors should verify these details directly with the building management office. For nearby condominium options, you may also consider Supalai Monte 2 Chiangmai, another notable project in the same area.

Price Trend

My Hip Condo 1 in Nong Pa Khrang, Mueang Chiang Mai, is typically driven by long-stay tenants and local professionals on the city’s eastern side. In 2026, pricing is expected to move gradually rather than spike, especially when compared with nearby projects such as The Treasure By my Hip and Supalai Monte 2, which often command higher prices per sq.m. due to stronger retail adjacency and newer positioning.

  • Resale price per unit (1-bedroom 30-32 sq.m.): THB 1.55-1.85M
  • Average resale price: ~THB 55,000-60,000 per sq.m.
  • Average rent in 2026 (30-32 sq.m.): THB 7,500-9,000 per month

  • Rental Yield example: Buy at THB 1.70M, rent at THB 8,500 per month. Annual rent = 8,500 x 12 = THB 102,000. Gross yield = 102,000 - 1,700,000 = 6.0% per year (before common fees, taxes, and vacancy).

Capital gain outlook: if the 2024-2025 market averaged ~THB 52,000-56,000 per sq.m. and 2026 shifts to ~THB 55,000-60,000 per sq.m., implied growth is roughly 2-4% per year. Key risk is rental competition from newer condos nearby, which can cap rent increases. However, the relatively moderate entry price supports liquidity on resale, making it more defensible in a slower market cycle.

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