One Plus Nineteen 4

One Plus Nineteen 4 is a low-rise condominium located in Chang Khlan Subdistrict, Mueang Chiang Mai District, Chiang Mai 50100. The project sits in a convenient urban area near Mahidol Road and the Chang Khlan neighborhood, offering easy access to Chiang Mai city center, Chiang Mai International Airport, and the Night Bazaar area. This makes it suitable for both owner-occupiers and rental investors.

The project was developed by Karnkanok Property Co., Ltd., a well-known local developer behind several One Plus condominium projects in Chiang Mai. It is a low-rise residential building of 7 floors with 1 building and approximately 77 units. Parking spaces are available for residents. Unit types generally include studio, 1-bedroom, and 2-bedroom layouts, serving singles, couples, and small families.

Common facilities typically include a swimming pool, fitness room, passenger elevator, shared common area, and parking. Security systems include CCTV, key card access, and security personnel. The project was completed around 2014 and is managed under a juristic person system for common area maintenance and building administration.

A key advantage of the project is its Chang Khlan location, close to work areas, Central Chiangmai Memorial Hospital, Chiang Mai Night Bazaar, and Central Airport Chiang Mai. This supports both residential convenience and rental demand. For a nearby comparison, see The Treasure By my Hip

One Plus Nineteen 4 in Chang Khlan, Chiang Mai, shows 2026 resale pricing that broadly tracks the inner-city and Night Bazaar condo market, supported by long-stay tenants, office workers, and foreign renters who prioritize convenience and livability.

• Average resale price per unit: THB 1.95-2.45M (studio to 1-bed, about 28-35 sq.m.)
• Average price per sq.m.: THB 68,000-78,000
• Average rent: THB 9,500-12,500 per month (12-month lease, fully furnished)

2026 Rental Yield (worked example) Assume a 32 sq.m. 1-bedroom purchased at THB 2.24M (THB 70,000 per sq.m.) and rented at THB 11,000 per month. Annual rent = 11,000 x 12 = THB 132,000. Gross rental yield = 132,000 ÷ 2,240,000 = 5.9% per year (before common fees, repairs, and vacancy).

Capital gain outlook Compared with nearby projects such as The Treasure By my Hip and The Nimmana, which can reprice faster in more tourism-driven micro-locations, this project is more likely to deliver steadier, incremental appreciation. A reasonable 2026-2028 range is 2-4% per year, assuming good unit condition and consistent occupancy. Key risk: rising rental supply in Chang Khlan may pressure achievable rents during low season, so investors should underwrite conservative occupancy and budget for turnover costs.