Supanich Condo Chiang Mai

Supanich Condo Chiang Mai

Wat Ket Subdistrict, Mueang Chiang Mai District, Chiang Mai, 50300

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Project Type

Condo

EIA Permission

approved

Quantity

40 Unit

Completed

2017

Developed By

Supalai PLC

Floor Plan

No information

Project Location

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Nearby Locations

  • Payap

    2.2 km.

  • Rajabhat Chiangmai

    2.5 km.

  • Chiangmai

    4.2 km.

Project Concept

Supanich Condo Chiang Mai is shaped by a “live-easy Chiang Mai” design concept, translating the character of Wat Ket - a historic neighborhood near the Ping River and long-established communities - into a calm, contemporary condominium. Instead of flashy styling, the project focuses on practical comfort and a timeless look that fits the local context.

The architecture emphasizes clean lines and a lighter building mass. Openings and balconies are used to bring in daylight and encourage natural airflow, an important response to Chiang Mai’s warm, humid climate. At the same time, the layout is planned to control views and privacy, making units suitable for both owner-occupiers and rental demand.

Interiors follow a simple, uncluttered direction with warm, earthy tones and materials that feel residential rather than purely urban. Circulation and shared areas are arranged to be straightforward and easy to navigate, supporting daily convenience and safety. From an investor’s perspective, this kind of restrained, functional design typically ages better, is easier to maintain, and helps protect long-term value by reducing unnecessary maintenance complexity while keeping the project appealing to a broad tenant base.

Project Highlights

Supanich Condo Chiang Mai is located in Wat Ket, Mueang Chiang Mai - an east-of-moat neighborhood known for its heritage vibe and calmer riverside lifestyle near the Ping River. The area connects well to the old town while offering more privacy than high-density condo clusters, making it suitable for both end-users and long-stay tenants.

  • Wat Ket location with a distinct character Close to the Ping River atmosphere and the Charoenrat corridor, a popular zone for cafes and dining, yet still convenient to reach the city center.
  • Smooth city access Quick connections via Kaew Nawarat Road and Charoenrat Road to key city destinations such as Nimman, the airport, and major retail areas. Chiang Mai currently has no BTS or MRT, so road connectivity is a key advantage.
  • Practical facilities for everyday living Focus on safety and usable common areas that fit working residents and long-term renters rather than purely decorative amenities.
  • Investment angle Wat Ket attracts demand from professionals and foreigners who prefer a quiet, local neighborhood near lifestyle spots, supporting flexible rental positioning and steadier occupancy.

Compared with nearby projects that lean toward mall-driven or main-road locations, this project stands out for its neighborhood feel and livability - a differentiator for buyers prioritizing comfort and tenant quality.

Description

Supanich Condo Chiang Mai is located in Wat Ket Subdistrict, Mueang Chiang Mai District, Chiang Mai 50300. The project sits near Chiang Mai-Lampang Road and within convenient reach of the city center, making it suitable for both owner-occupiers and investors seeking rental demand in Chiang Mai. This condominium is a high-rise development comprising 1 building with 33 floors and approximately 526 residential units, with parking spaces available for residents.

Unit types include studio, 1-bedroom, and 2-bedroom layouts, catering to single residents, couples, and buyers looking for investment opportunities. Facilities within the project include a swimming pool, fitness center, garden, lobby, passenger lifts, and common areas designed for daily living convenience.

Security features include security guards, CCTV, and key card access control for resident safety and privacy. The project was completed in 2014 and developed by Supanich Property Co., Ltd. Common area management is handled through the condominium juristic management system for organized maintenance and operations.

The location is close to Central Festival Chiang Mai, Thep Panya Hospital, and Arcade Bus Terminal, supporting convenient urban living and accessibility. For nearby project comparison, see Supalai Monte 2 Chiangmai.

Price Trend

Supanich Condo Chiang Mai (Wat Ket, Mueang Chiang Mai) in 2026 is positioned as an “affordable entry” condominium compared with newer, larger nearby projects such as D Condo Sign and Supalai Monte 2. This pricing gap makes it more suitable for long-term rental income strategies than short-term speculation.

  • Resale price per unit (studio to 1-bed, 28-35 sq.m.): about THB 1.05-1.55 million
  • Average price per sq.m.: about THB 38,000-48,000 (well-kept units or units sold with an existing tenant usually trade higher)
  • Average rent: about THB 6,500-9,000 per month depending on furniture package and 6-12 month leases

  • Rental Yield example: buy at THB 1.25M, rent at THB 7,500 per month - annual rent THB 90,000 - gross yield = 90,000 divided by 1,250,000 = 7.2% per year
  • Assuming 1 month vacancy, annual rent becomes THB 82,500 and yield drops to ~6.6%

Capital gain outlook: given the mature project profile and lower price base, appreciation is typically gradual rather than sharp. A realistic expectation is around 2-4% per year in this Wat Ket pocket. Upgraded units with modern interiors, or units marketed “with tenant”, can achieve a premium, but the core investment case remains stable rental cashflow.

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Charoen Muang Road, Nong Pa Khrang Subdistrict, Mueang Chiang Mai District, Chiang Mai, 500001.8 km. to Payap University

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Google Map
Charoen Muang Road, Nong Pa Khrang Subdistrict, Mueang Chiang Mai District, Chiang Mai, 500001.8 km. to Payap University
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