The Green City 2 Condominium

The Green City 2 Condominium is a low-rise condominium located at 143 Nong Pa Khrang, Mueang Chiang Mai, Chiang Mai 50000, directly in front of Vajirawit School. The project sits in an eastern city zone with convenient access to Chiang Mai - Doi Saket Road, the Super Highway, and the Arcade transport hub, making it suitable for both owner-occupiers and rental demand from working residents and students.

The development is understood to be an approximately 8-storey residential building with compact unit layouts. Units found on the resale and rental market are mainly studio and 1-bedroom types, generally around 30-40 square meters. Basic facilities include elevator access, parking, and common residential areas. Security features include controlled building access and CCTV surveillance.

Its location is one of the key strengths, with proximity to Vajirawit School, Central Chiangmai, Bangkok Hospital Chiang Mai, and Chiang Mai Bus Terminal, supporting steady rental demand in the area. However, publicly verified details regarding total units, parking ratio, completion year, project developer, and management company are not clearly available from reliable public sources. Buyers and investors should confirm these details with the condominium juristic office or official project documents before making a decision. For nearby comparison, see Supalai Monte 2 Chiangmai

The Green City 2 Condominium in Nong Pa Khrang (in front of Wachirawit School) is positioned for practical rental demand from local employees and small families on Chiang Mai’s east side. In 2026, its pricing remains more “entry-level” than newer projects closer to Central Festival such as D Condo Sign and The Treasure, which typically command higher prices per sq.m.

• Resale price per unit (2026): 1-bedroom 28-32 sq.m. typically THB 1.25-1.55M for standard units.
• Price per sq.m.: about THB 45,000-52,000 depending on floor, condition, and furniture.
• Average rent: 1-bedroom averages THB 9,000-11,000 per month; THB 10,000 is realistic for move-in-ready units.

Rental Yield (worked example): Buy at THB 1.40M and rent at THB 10,000 per month. Annual rent = 120,000. Gross yield = 120,000 ÷ 1,400,000 = 8.6% p.a. (before common fees, vacancy, and taxes).

Capital Gain outlook: With a relatively low base price, appreciation is usually gradual. A reasonable 2026 expectation is 1-3% per year, with better upside for renovated rooms that maintain strong occupancy. Competition from newer condos caps aggressive price growth, so liquidity improves most when pricing stays close to market and the unit condition is above average.