Punna Oasis 2
Chiang Mai-Lampang Superhighway Road, Nong Pa Khrang Subdistrict, Mueang Chiang Mai District, Chiang Mai, 50000
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Project Type
EIA Permission
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Completed
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Project Location
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Nearby Locations
Payap
1.5 km.
Rajabhat Chiangmai
2.3 km.
Chiangmai
4.3 km.
Project Concept
Panna Oasis 2 is conceived as a low-rise condominium that feels like a “private garden” in Nong Pa Khrang, Chiang Mai. The design concept revolves around greenery and water-inspired outdoor spaces, aiming to deliver a calm, resort-like atmosphere rather than the typical dense urban condo experience common in this area.
The master plan prioritizes views toward an inner courtyard and shared amenities. This layout helps many units receive natural daylight and encourages cross-ventilation, an important comfort factor for Chiang Mai’s climate. By relying more on natural light during the day, the overall living experience becomes brighter and less dependent on artificial lighting.
Architecturally, the project uses clean lines, light color palettes, and nature-forward materials to blend with landscaped areas and water features instead of competing with them. Circulation paths and seating pockets are arranged to feel like a garden walk, while privacy is maintained through thoughtful spacing and the orientation of openings.
From an investor’s perspective, the “oasis” positioning creates differentiation from nearby projects that focus mainly on city convenience. It can appeal to tenants seeking a quieter environment near the Ruamchok intersection lifestyle zone, while still wanting a daily connection to greenery and a relaxed residential mood.
Project Highlights
Panna Oasis 2 is located in Nong Pa Khrang, Mueang Chiang Mai - an east-side neighborhood with practical access to the city center and the growing commercial zone. With multiple condominiums nearby, the area shows consistent residential demand, supporting both end-users and rental investors.
Livable location Convenient to the Child Court intersection area and the Chiang Mai-Lampang Superhighway, making trips to the Old City and Nimman straightforward while keeping a calmer residential feel.
Easy driving connectivity Links to several main roads, allowing smooth access to Central Festival and surrounding business districts - ideal for residents who rely on private transport.
Resort-like atmosphere The “Oasis” concept typically emphasizes relaxing common areas and greenery, which can strengthen tenant appeal for long-stay rentals.
Investment angle Proximity to jobs and retail hubs broadens the tenant pool, from young professionals to relocators working in Chiang Mai.
Description
Punna Oasis 2 is located in Nong Pa Khrang, Mueang Chiang Mai, Chiang Mai 50000, in an area close to Chiang Mai-Doi Saket Road and Chiang Mai Business Park. This location offers convenient access to the city center, Central Chiang Mai, and the Super Highway, making it suitable for both owner-occupiers and investors seeking rental demand.
The project is a Low Rise condominium consisting of 1 residential building with 8 floors and approximately 77 units. Parking is available within the project in an appropriate ratio for residents. Unit types include studio, 1-bedroom, and 2-bedroom layouts, suitable for singles, couples, and small families.
Facilities include a swimming pool, fitness room, garden, lobby, and common areas for daily use. The security system includes security personnel, CCTV, and controlled access entry for added peace of mind.
The project was completed around 2015 and developed by Punna Development Co., Ltd. Building management is handled by the condominium juristic person, which oversees common area maintenance and building systems.
For those comparing nearby condominium options, you may also consider Supalai Monte 2 Chiangmai.
Price Trend
Panna Oasis 2 (Nong Pa Khrang, Mueang Chiang Mai) shows a “mid-priced, liquid” resale market in 2026, typically more affordable per sq.m. than nearby projects such as Supalai Monte 2 and The Treasure By my Hip around the Central Festival area.
- Resale price per unit: 1-bedroom 30-35 sq.m. averages THB 1.65-2.10M
- Average price per sq.m.: about THB 55,000-65,000
- Average rent: THB 9,000-12,000 per month for a furnished 1-bedroom
Rental Yield (worked example): buy at THB 1.85M, rent at THB 10,500 per month - annual rent THB 126,000. Yield = 126,000 ÷ 1,850,000 = 6.8% per year (before common fees, taxes, and vacancy).
Capital gain view: For Nong Pa Khrang, price appreciation is usually steady rather than aggressive. A reasonable 2026-2029 assumption is 2-4% per year, implying roughly 6-12% growth over 3 years for well-maintained units on mid-to-high floors with move-in-ready condition. Actual gains depend heavily on unit condition, renovation quality, and competing rental supply in the same micro-market.
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