The Fore Condominium

The Fore Condominium is located on Soi Suan Dok 5, Suan Dok Road, Suthep, Mueang Chiang Mai, Chiang Mai 50200. This is a low-rise condominium in a central Chiang Mai location, close to the old city, Chiang Mai University, and Maharaj Nakorn Chiang Mai Hospital. The project is suitable for both owner-occupiers and rental investment, especially for students, medical staff, and working professionals.

The project consists of 1 residential building with 8 floors and approximately 79 units. Parking is available within the project and is suitable for residents' daily use. Unit types mainly include studio and 1-bedroom layouts, designed for practical living and suitable for 1-2 residents.

Facilities include a lobby, swimming pool, fitness room, passenger elevator, and common area for relaxation. Security features include security guards, CCTV, and controlled building access for added privacy and safety.

The project was completed around 2014 and developed by Fore Developer Co., Ltd. Information about current property management may change over time, so buyers should verify details with the project or seller again.

A key advantage of the project is its location in the Suan Dok area, offering convenient access to Suthep Road, Nimmanhaemin Road, and Huay Kaew Road. It is also near lifestyle destinations and nearby condominiums in the same area, such as The Nimmana.

The Fore Condominium (Suan Dok 5, Suthep, Chiang Mai) benefits from a hospital-university rental base near Maharaj Nakorn Chiang Mai Hospital and CMU medical campus. In 2026, pricing tends to move steadily rather than spike, especially versus higher-priced Nimman projects such as The Nimmana.

• Resale price per unit (2026): Studio to 1-bed, 28-35 sq.m. typically THB 1.95-2.55M
• Average price per sq.m.: around THB 70,000-78,000
• Average rent: about THB 10,000-13,000 per month on 12-month leases

Rental Yield (shown with math): Example 30 sq.m. unit at THB 2.10M, rented at THB 12,000 per month. Annual rent = 12,000 x 12 = THB 144,000. Gross yield = 144,000 - 2,100,000 = 6.86% p.a. (before common fees, vacancy, and taxes).

Capital Gain outlook: For Suthep-Suan Dok, resale upside is usually driven by stable tenant demand and limited land supply. A reasonable 2026 assumption is 2-4% p.a., equivalent to roughly THB 40,000-90,000 per unit per year. Note that actual gains are highly condition-sensitive: original interiors, weaker views, or less desirable floors often face heavier negotiation, narrowing realized profit.