North Condo Serene Lake
Serene Lake Somphot Chiang Mai 700th Anniversary Road, Suthep Subdistrict, Mueang Chiang Mai District, Chiang Mai, 50200
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Project Concept
North Condo Serene Lake is shaped by a clear design idea: living beside water with a calm, mountain-city mood. Located in the Serene Lake area of Suthep, Chiang Mai, the project uses the imagery of still water and clean lines to create a quiet atmosphere that feels genuinely restful for everyday life.
The architecture leans contemporary with light, neutral tones and generous openings that invite daylight and reduce a boxed-in feeling. Planning is oriented to capture views toward the lake-like landscape and green edges where possible, positioning the experience as more tranquil than the lively, urban-driven condominium scene around Nimman.
Common areas are designed to connect residents to the outdoors rather than relying on flashy decoration. Relaxation corners by the pool and shaded seating emphasize breeze, greenery, and visual openness, supporting real use from daytime to evening. From an investor’s perspective, this “resort-in-the-city” concept tends to attract tenants who value privacy and a softer environment, while still wanting convenient access to Suthep’s workplaces, cafes, and daily amenities.
Project Highlights
North Condo Serene Lake stands out in Suthep, a practical zone near Nimman and the back side of Chiang Mai University. It fits both end-users and rental investors, especially professionals and students. Its key advantage is a calmer, more residential atmosphere than many Nimman-area condos, while still staying connected to the city’s lifestyle hubs.
Strategic Suthep location with easy access toward Nimman and MAYA Lifestyle Shopping Center. Nearby competing projects such as The Nimmana and The Unique 2 @ Nimman indicate an established condo market and consistent rental demand in this pocket.
Convenient road connectivity to central Chiang Mai, Chang Phueak, the Old City, and the airport zone. This area has no urban rail, so the project suits residents who primarily drive.
Relaxation-focused environment leveraging the Serene Lake setting, offering a more private feel and a “reset” vibe after work - a differentiator versus busier nightlife-oriented locations.
Investor angle clear tenant base from the university and Nimman workforce. The lake-view and quiet positioning help support a quality-rent strategy rather than competing purely on price.
Description
North Condo Serene Lake is located within the Serene Lake area in Suthep, Mueang Chiang Mai, Chiang Mai 50200. The project is set in a quieter residential zone behind Chiang Mai University, near Chiang Mai Night Safari and Royal Park Rajapruek, making it suitable for both owner-occupiers and investors looking for rental demand outside the busy inner city.
This condominium is a Low Rise development comprising 3 buildings, each with 7 floors, for a total of approximately 216 units. Parking is available for about 30% of the units. Unit types mainly include 1-bedroom and 2-bedroom layouts, with sizes starting from around 35 - 68 square meters. Some units also benefit from lake and mountain views, which add to the residential appeal.
Facilities include a swimming pool, fitness room, garden area, lobby, and passenger elevators. Security features include 24-hour security guards, CCTV, and key card access. The project was completed around 2013 and developed by Karnkanok Property Co., Ltd. Management is handled under standard condominium juristic person operations commonly found in mid-sized residential projects in Chiang Mai.
Overall, North Condo Serene Lake is a suitable option for buyers seeking a private condominium in the Suthep area with convenient access to Nimman, Chiang Mai University, and Chiang Mai International Airport. For comparison with another condominium in a different city location, see The Nimmana.
Price Trend
North Condo Serene Lake in Suthep, Mueang Chiang Mai shows a steady 2026 market, supported mainly by long-term renters such as local professionals and students. Compared with nearby, more “tourism-driven” areas (e.g., around Nimman), this project typically trades at a more accessible level, while still competing with nearby condos like North 8 Chiangmai and The Unique 2 @ Nimman where asking prices can be higher.
- Resale price per unit (1-bed 30-32 sq.m.): THB 1.85-2.25M
- Average price: ~THB 65,000-72,000 per sq.m.
- Average rent in 2026 (12-month lease): THB 9,500-12,000 per month
Rental Yield calculation (example): buy at THB 2.05M and rent at THB 10,500 per month. Annual rent = 10,500 x 12 = THB 126,000. Gross yield = 126,000 - 2,050,000 = 6.15% per year (before common fees, taxes, and vacancy).
Capital gain outlook: using a conservative 2-4% annual growth assumption, a THB 2.0M unit could gain roughly THB 120,000-260,000 over 3 years. Upside depends on unit condition, open view, and realistic pricing to match actual demand and reduce time-on-market.
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