Novana Residence

Novana Residence

384/115 Pattaya 3rd Road, Pattaya City Subdistrict, Bang Lamung District, Chon Buri, 20150

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Project Type

Condo Low Rise

Land Size

1 Rai2 Ngan

EIA Permission

approved

Quantity

8 Floor 1 Building 259 Unit

Completed

2012

Developed By

Origin Property PLC

Floor Plan

No information

Project Location

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Nearby Locations

Project Concept

Novana Residence is shaped around a resort-style concept in South Pattaya, prioritizing privacy and an everyday holiday mood rather than flashy visuals. The design direction fits both end-users and investors, as the area consistently attracts short-stay demand driven by the city’s tourism ecosystem.

The core idea is “the common area as the centerpiece.” A central swimming pool works like an internal courtyard, opening sightlines and pulling natural light into the surrounding building mass. This layout helps reduce the boxed-in feeling often found in dense holiday condos, while creating a usable relaxation zone that residents actually return to daily.

Circulation is planned to keep the experience seamless-from lobby arrival to poolside and lounge areas-making the project feel closer to a compact resort than a standard condominium. Unit planning focuses on efficient, easy-to-live layouts, with light color tones and practical finishes that are simple to maintain. This approach supports real occupancy and long-term rental operations, where durability and straightforward upkeep directly impact net yield.

Project Highlights

Novana Residence is a centrally located condominium in Pattaya City, suitable for both end-users and rental investors. Its core strength is practicality: the project sits in an area where daily life is convenient, supported by nearby services, dining options, and key city attractions. This central positioning typically sustains year-round rental demand, especially from working tenants and travelers who prefer a “city-core” lifestyle rather than a beachfront premium.

  • Central Pattaya location Based on the project coordinates, it connects smoothly to Central and South Pattaya, close to the city’s commercial and service zones - ideal for convenience-driven residents.
  • Flexible mobility Easy to get around by private car or local public transport, with straightforward links toward Jomtien, Pratumnak, and Bali Hai Pier. (No BTS or MRT in this area.)
  • Resort-style facilities A key highlight is the communal swimming pool and relaxation areas, enhancing liveability and improving appeal for short-term rentals.
  • Investment angle Compared with newer, higher-priced projects nearby such as The Riviera Ocean Drive or Copacabana Beach Jomtien, Novana Residence is often more accessible in entry budget, making it a practical city-rental unit focused on occupancy and liquidity.

Description

Novana Residence is a low-rise condominium located at 384/115 Pattaya City, Bang Lamung, Chonburi 20150, in the South Pattaya area. The project offers convenient access to Pattaya 3rd Road, Pattaya Beach, Walking Street, Central Pattaya, and Bali Hai Pier, making it suitable for both owner-occupiers and rental investment in a well-established tourist district.

The development consists of 1 building, 8 floors, and 259 residential units. It was developed by Nova Group and completed in 2011. Unit types include studio, 1-bedroom, and 2-bedroom layouts, with usable areas starting from approximately 27 sq.m. Facilities include a large communal swimming pool, fitness room, garden, lobby, elevators, parking area, and resident seating spaces.

Security features include 24-hour security, CCTV, and key card access. Building management is handled under the condominium juristic person structure, which oversees common area maintenance and daily operations. Overall, Novana Residence is considered a practical option for buyers seeking a Pattaya city location at an accessible price point, and it is also near nearby developments such as The Riviera Ocean Drive.

Price Trend

Novana Residence sits in South Pattaya, with convenient access to Pattaya 3rd Road and quick connections toward Pratumnak Hill and Bali Hai Pier. In 2026, pricing remains in the “city condo” bracket, generally more affordable than newer beachfront-oriented projects such as Copacabana Beach Jomtien or The Panora Pattaya. This positions Novana as a cashflow-first option rather than a high-growth speculation play.

  • Resale price per unit (studio to 1-bed, 25-35 sq.m.): approx. THB 1.75-2.55M
  • Average resale price per sq.m.: around THB 70,000-85,000
  • Average rent: THB 9,500-14,000 per month (annual lease, fully furnished)

Rental Yield (2026) - worked example: a 30 sq.m. unit priced at THB 2.10M rented at THB 12,000 per month generates THB 144,000 per year. Gross rental yield = 144,000 ÷ 2,100,000 = 6.86% p.a. (before common fees, taxes, and vacancy).

Capital gain view: Given building age and strong supply competition in Pattaya, price appreciation is typically gradual. A reasonable 2026 expectation is about 2%-4% per year, with upside more likely when entry price is below ~THB 75,000 per sq.m. and the unit condition is strong. Units with consistent rental history and easy-to-rent layouts tend to be more liquid on resale.

Facilities

Lobby
Swimming Pool
Kid Pool
Fitness
Kids Play Zone
Garden
No. of Parking Space
Elevator
Internet Wifi
Entrance & Exit  Access Key Card
CCTV system
Security Guard: 24 hours service

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