Srithana Condominium 1

Srithana Condominium 1 is located at 139 Suthep, Mueang Chiang Mai, Chiang Mai 50200, in the Nimman - Huay Kaew area, one of Chiang Mai’s established residential and lifestyle zones. The project is considered a Low Rise condominium of approximately 8 storeys and was completed around 1995. Although it is an older development, it continues to attract buyers and tenants looking for a practical city-fringe location close to major amenities, universities, and medical centers.

Units in the project are commonly found in studio and 1-bedroom layouts, generally suitable for single residents or couples. Facilities typically include a lobby area, elevator, parking, ground-floor retail or small commercial space in some sections, and basic security systems such as controlled access and on-site staff. However, officially verified details regarding the exact number of buildings, total units, parking ratio, project developer, and current juristic management are not consistently available in public sources. Buyers should confirm these details directly with the condominium office or title documents before making a decision.

The project’s key strength is its location near Huay Kaew Road, Chiang Mai University, MAYA Lifestyle Shopping Center, and Maharaj Nakorn Chiang Mai Hospital, supporting steady rental demand from students, hospital staff, and working residents. From an investment perspective, Suthep remains one of the more resilient condo locations in Chiang Mai due to its convenience and surrounding amenities. For a nearby project, see Supalai Monte 2 Chiangmai

Srithana Condominium 1 in Suthep, Mueang Chiang Mai remains a practical rental-driven asset in 2026. Its demand is supported by the university and Nimman area, while newer nearby projects such as The Nimmana and One Plus series keep resale pricing from overheating.

• Resale price per unit (2026): Studio to 1-bedroom, 28-35 sq.m., typically THB 1.25-1.65M
• Resale price per sq.m.: around THB 45,000-55,000 per sq.m. (renovated units can sit slightly higher)
• Average rent: THB 6,500-8,500 per month on 12-month leases, fully furnished

Rental Yield (shown calculation): If you buy at THB 1.45M and rent at THB 7,500 per month, annual rent is THB 90,000. Gross yield = 90,000 / 1,450,000 = 6.2%, before common fees, vacancy, and maintenance.

Capital Gain outlook: With a moderate entry price and steady tenant pool, price appreciation is expected to be gradual at about 1-3% per year. Older, unrenovated rooms may underperform, while ready-to-rent renovated units can be easier to exit near the upper band of THB 1.6-1.7M, depending on condition and furnishings.