Play Condominium

Play Condominium

Huay Kaew Road, Suthep Subdistrict, Mueang Chiang Mai District, Chiang Mai, 50200

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Project Type

Condo

EIA Permission

approved

Quantity

65 Unit

Completed

2016

Developed By

Malada Co., Ltd.

Floor Plan

No information

Project Location

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Nearby Locations

  • Chiangmai

    740 M

  • Rajabhat Chiangmai

    1.4 km.

  • Payap

    4.8 km.

Project Concept

Play Condominium in Suthep, Chiang Mai is shaped around a clear design idea: “urban living that feels playful, yet genuinely restful.” The concept matches the daily rhythm of young professionals and university communities near Chiang Mai University, where residents typically want a compact home that is easy to use, easy to maintain, and comfortable in every season.

The core design direction emphasizes openness and practicality. Building massing and unit planning focus on natural daylight and better air movement, helping reduce stuffiness and humidity - a real concern in Chiang Mai during certain periods. Common areas are positioned as everyday “pause points” rather than overly formal luxury spaces, supporting short breaks, casual meetings, and lightweight routines. The overall material palette leans modern and calm, aiming for a clean look that blends with the creative neighborhood character of the Nimman-Suthep zone, known for cafés, studios, and lifestyle venues.

From an investor’s perspective, the “Play” identity creates strong recall and a clear target audience. A condo with a distinct character tends to market better in the rental segment, especially among younger tenants who value atmosphere and location. This positioning can support steadier occupancy compared with more generic projects nearby.

Project Highlights

Play Condominium is located in Suthep, Mueang Chiang Mai, a practical residential pocket that links lifestyle zones and employment areas. The location suits both end-users and rental investors, especially tenants such as university students, young professionals, and long-stay renters who prefer being near Nimman and the university area.

  • Suthep location - close to Nimman Convenient access to Nimman’s cafes, restaurants, and community malls. The presence of nearby condo projects such as The Nimmana and D’Vieng Santitham also reflects steady housing demand in this submarket.
  • Flexible mobility by main roads Easy connectivity via Suthep’s key roads toward Huay Kaew, Chang Phueak, and the university zone. Works well for private cars and ride-hailing, supporting daily commuting and tenant convenience.
  • Everyday-focused facilities Designed to support routine living, helping residents save time and reduce the need for frequent trips outside the project.
  • Investor angle The surrounding education and lifestyle ecosystem typically generates recurring rental demand, making leasing management more straightforward and helping maintain stable occupancy over time.

Description

Play Condominium is located in Suthep Subdistrict, Mueang Chiang Mai District, Chiang Mai 50200, close to Nimmanhaemin Road and Chiang Mai University. This location is suitable for both owner-occupiers and investors, especially for students, working professionals, and expatriates seeking a condominium in the city area.

The project is a low-rise condominium with 1 building, 8 floors, and approximately 140 residential units. Parking is available for residents. Unit types mainly include studio and 1-bedroom layouts, designed for practical urban living and rental investment.

Facilities include a swimming pool, fitness room, passenger elevator, common area, and parking. Security systems include security guards, CCTV, and controlled building access.

The project was completed around 2014 and is managed under a condominium juristic person structure to maintain common areas and residential standards. However, the exact developer name and property management company could not be consistently verified from public sources, so further confirmation with the project management office is recommended.

In terms of location, the condominium is near Huay Kaew Road, One Nimman, MAYA Lifestyle Shopping Center, and Chiang Mai University, making it appealing for daily living and rental demand. A nearby project in the same area is The Nimmana.

Price Trend

Play Condominium in Suthep, Mueang Chiang Mai (2026) sits in a “rentable and affordable” pocket of the city. Compared with nearby projects around Nimman and Santitham such as The Nimmana and D’Vieng Santitham, which typically command higher prices per sq.m., Play tends to attract budget-conscious tenants and investors targeting steady long-term leases rather than aggressive price appreciation.

  • Average resale price per unit (1-bed, 30 sq.m.): THB 1.65M
  • Average price per sq.m.: ~THB 55,000 (1,650,000 - 30)
  • Average monthly rent (12-month contract): THB 9,500 with basic furniture

  • 2026 Rental Yield: (9,500 x 12) - 1,650,000 = 6.9% p.a. (before common fees, taxes, and vacancy)
  • If rent improves to THB 10,000: yield increases to 7.3%

Capital gain outlook: assuming a gradual 2-4% annual growth typical for Suthep-area condos, a THB 1.65M unit could move to roughly THB 1.72M-1.79M over the next 12 months. Key risk is competitive supply from nearby One Plus projects in the Jed Yod area, which can pressure resale pricing unless the unit is well-maintained and positioned with a standout renovation or view.

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2 Bedroom 62.30-115.97 Sq.m >

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