Pansook The Urban Condo

Pansook The Urban Condo

Plubplueng Soi Huay Kaew Road, Chang Phueak Subdistrict, Mueang Chiang Mai District, Chiang Mai, 50300

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Project Type

Condo

EIA Permission

approved

Quantity

60 Unit

Completed

2015

Floor Plan

No information

Project Location

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Nearby Locations

  • Rajabhat Chiangmai

    969 M

  • Chiangmai

    1.2 km.

  • Payap

    4.3 km.

Project Concept

Pansook The Urban Condo is shaped around a “liveable Chiang Mai urban home” idea. Instead of chasing flashy aesthetics, the design responds to Chang Phueak-Santitham, a practical residential district with everyday food, services, and quick connections into the city. The architectural direction therefore emphasizes simplicity, long-term maintainability, and real usability.

The building massing and planning aim to preserve privacy and reduce the dense, compressed feeling often found in nearby high-demand zones. Shared areas are positioned as breathing spaces and visual breaks, supporting cross-ventilation and bringing daylight deeper into circulation and living areas. This approach improves daytime comfort while reducing reliance on artificial lighting in routine life.

Material and color language leans Urban Modern, softened by warmer textures that feel closer to a “home” than a hotel. Unit layouts are expected to prioritize everyday function: sensible storage, a workable kitchen zone, and a clear corner for study or remote work-valuable for Chiang Mai’s student and working population and for investors targeting the rental market.

Overall, the concept is about value through comfort and practicality. By focusing on durable design choices and a liveable plan, the project positions itself to hold appeal in Chang Phueak’s steady, local-driven rental demand.

Project Highlights

Pansook The Urban Condo is located on Soi Phlap Phlueng in Chang Phueak, Chiang Mai. This is an inner-city residential pocket that stays relatively calm while remaining close to daily conveniences and the lifestyle zones around Santitham and Nimman. The location supports both owner-occupiers and rental investors, as demand typically comes from office workers and students seeking practical city living with short commutes.

  • Chang Phueak location with easy access to Santitham and Nimman. Nearby condo communities such as The Nimmana and D’Vieng Santitham indicate an established housing market and steady local demand.
  • Connectivity convenient links to key city roads in the Chang Phueak area, making trips to the Old City moat and university zones straightforward. Best suited for residents who travel by car and prefer short in-town routes.
  • Surrounding amenities everyday services nearby including convenience stores, cafés, local eateries, and essential shops, supporting real day-to-day livability rather than relying on distant facilities.
  • Investment angle inner-city positioning helps maintain rental liquidity. The tenant base is typically stable for long-term leases, while resale can benefit from continued transaction activity in a well-known urban neighborhood.

Description

Pansook The Urban Condo is a low-rise condominium located on Soi Phlap Phlueng, Chang Phueak Subdistrict, Mueang Chiang Mai District, Chiang Mai 50300. The project is positioned in the Chang Phueak area, close to local communities, universities, and main city routes, making it suitable for both owner-occupiers and rental investment targeting students and working residents.

The project features 1 residential building with 8 floors and approximately 79 units. On-site parking is available for residents. Unit types mainly include studio and 1-bedroom layouts, designed for practical living and suitable for 1-2 occupants.

Common facilities generally include a lobby, passenger elevator, parking area, and shared spaces for daily living. Security systems include CCTV, key card access, and standard condominium security management.

The project was completed around 2014 and developed by Pansook Property. Management is handled under the condominium juristic person structure to maintain common areas and overall order.

For buyers seeking nearby condominium options in Chiang Mai, a comparable project is Supalai Monte 2 Chiangmai.

Price Trend

Pansook The Urban Condo (Plap Phlueng Alley, Chang Phueak, Chiang Mai) sits in an inner-city pocket where rental demand is driven by Santitham-Jed Yod residents and office workers commuting into town. Pricing is typically more “cashflow-friendly” than prime Nimman-area projects such as The Nimmana, and often competitive versus nearby One Plus developments, making it suitable for investors prioritizing steady rent.

  • 2026 resale pricing: Studio to 1-bedroom units around 28-35 sq.m. commonly trade at THB 1.35-1.85M per unit, equivalent to roughly THB 48,000-58,000 per sq.m.
  • Average rent: about THB 7,500-10,000 per month, with fully furnished units generally achieving faster occupancy.
  • Rental Yield (worked example): Buy at THB 1.55M and rent at THB 9,000 per month - annual rent = THB 108,000. Yield = 108,000 - 1,550,000 = 6.97% p.a. (before common fees, taxes, and vacancy).

Capital gain outlook: Based on the Chang Phueak submarket’s gradual appreciation in 2024-2025, a reasonable 2026 expectation is 2-4% per year, or roughly THB 30,000-70,000 per unit annually depending on floor level, view, and unit condition. The key return driver is controlling renovation costs and securing longer leases to reduce income volatility.

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