North 8 Chiangmai

North 8 Chiangmai is a low-rise condominium located at 8 Somphot Chiang Mai 700 Pi Road, Mae Hia, Mueang Chiang Mai, Chiang Mai 50100. The project is positioned in the Mae Hia area near the middle ring road, offering convenient access to Chiang Mai city center and Hang Dong. This location suits both owner-occupiers and investors looking for rental demand in the southern part of the city.

The project is developed as 1 residential building with 8 floors and approximately 61 units, with parking spaces available for residents. Unit types mainly include 1-bedroom and 2-bedroom layouts, designed for practical living with compact and functional space. It is suitable for working professionals, couples, and buyers seeking a manageable condominium in an expanding urban area.

Facilities include a swimming pool, fitness room, lobby, common area, and passenger lift. The security system includes security guards, CCTV, and controlled access entry, helping support a safer residential environment.

The project was completed around 2015 and developed by North Home Co., Ltd. As for juristic management, specific public information on the management company is not clearly available. Buyers or tenants should confirm the latest details directly with the project or the condominium juristic office.

A nearby project for location comparison is Vina Town Chiang Mai

North 8 Chiangmai is located in Mae Hia on Somphot Chiang Mai 700 Pi Road, benefiting from demand tied to the airport-side service economy and local employment rather than relying purely on tourism. In 2026, pricing is expected to move gradually, in line with nearby affordable condo stock (e.g., Airport-area projects), where buyers compare value, room condition, and readiness to move in.

• Resale price per unit (2026): 1-bedroom 30-35 sq.m. typically trades around THB 1.55-1.95M (midpoint ~THB 1.75M).
• Price per sq.m.: about THB 50,000-60,000 per sq.m. (average ~THB 55,000).
• Average rent: THB 7,500-9,500 per month (midpoint ~THB 8,500) for standard furnished units.

Rental Yield (quick math): 8,500 x 12 = THB 102,000 per year. Yield = 102,000 / 1,750,000 = ~5.8% per year (before common fees and vacancy). If occupancy is 11 months per year, yield softens to ~5.3%.

Capital Gain outlook: Mae Hia’s price ceiling remains sensitive to supply, so a conservative growth range of 2-4% per year is more realistic, equivalent to ~THB 35,000-70,000 annually on a THB 1.75M unit. Renovated, move-in-ready rooms and open views tend to outperform, while dated units often require negotiation to close deals.