The Next 1 Ruamchok
89/24 Fa Ham Subdistrict, Mueang Chiang Mai District, Chiang Mai, 50000
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Nearby Locations
Payap
1.8 km.
Rajabhat Chiangmai
2.1 km.
Chiangmai
4.2 km.
Project Concept
The Next 1 Ruamchok is shaped by a practical design concept that fits Ruamchok-Fa Ham, a residential pocket surrounded by everyday conveniences such as eateries, cafes, and local services. Instead of relying on flashy visuals, the project emphasizes “livable simplicity” - a contemporary, clean-lined building language that feels light, calm, and easier to maintain over time.
The planning focuses on natural light and ventilation, a key response to Chiang Mai’s daytime heat and cooler evenings. Openings and balconies are positioned to encourage airflow and reduce the need for constant artificial cooling. Common areas are treated as functional pauses in daily life, with usable lounge corners and flexible multipurpose space rather than purely decorative facilities.
Material tones lean warm and neutral, echoing a modern Northern Thai mood without becoming overly thematic. This approach supports easy furnishing, broad tenant appeal, and long-term durability - important factors for buyers considering rental income. Overall, the concept balances comfort and efficiency, aiming to serve both owner-occupiers and investors who value a controllable upkeep cost and a timeless look.
Project Highlights
The Next 1 Ruamchok is located in the Fah Ham-Ruamchok area, a dense residential zone in Chiang Mai where rental demand is driven by real local living rather than tourism. With daily amenities and services surrounding the neighborhood, the project suits both end-users and investors seeking stable occupancy.
- Ruamchok lifestyle hub Convenient access to Central Chiang Mai and business pockets around key intersections, with plenty of restaurants, cafes, and supermarkets in the Ruamchok community.
- Flexible commuting by car Well connected to Superhighway and the Middle Ring Road, making trips to the city center, Nimman, and the airport practical depending on traffic (no urban rail system in this area).
- Practical for real living A compact, manageable condo concept that fits first-time buyers and tenants who prioritize convenience and everyday functionality.
- Investor angle While the zone has multiple competing condos, this location benefits from being close to established communities and consistent local demand, helping reduce vacancy risk during low seasons.
Description
The Next 1 Ruamchok is located at 89/24 Fa Ham Subdistrict, Mueang Chiang Mai District, Chiang Mai 50000. This condominium is a Low Rise residential project in the Ruamchok area, a convenient neighborhood close to retail hubs and daily lifestyle amenities along Chiang Mai-Mae Jo Road.
The project consists of 1 residential building with 8 floors and approximately 78 units. Parking spaces are provided within the development for residents. Unit types mainly include studio and 1-bedroom layouts, suitable for both owner-occupiers and rental investment in the northern Chiang Mai urban zone.
Facilities include a swimming pool, fitness room, passenger elevator, common area, and parking. The security system features security guards, CCTV, and key card access, helping support a safer living environment.
The project was completed around 2014 and was developed by The Next Real Estate. Property management is handled through the condominium juristic management system, supporting the maintenance of common areas and daily operations.
With nearby landmarks such as Meechok Plaza, Ruamchok Market, Theppanya Hospital, and Central Chiangmai, The Next 1 Ruamchok is a practical choice for urban living in Chiang Mai. For a nearby condominium project, see Supalai Monte 2 Chiangmai
Price Trend
The Next 1 Ruamchok in Fah Ham-Ruamchok is a northern Chiang Mai city pocket supported mainly by local employees and long-stay tenants. In 2026, pricing is expected to move gradually rather than spike, making smaller units more suitable for income-focused investors.
- Resale price per unit (2026): 1-bedroom 30 sq.m. averages THB 1.55M
- Price per sq.m.: ~THB 52,000 per sq.m. (typical ready-to-move condition)
- Average rent: THB 8,500 per month (commonly THB 8,000-9,500 depending on furniture and floor)
Rental Yield (shown): 8,500 x 12 = THB 102,000 per year. Divide by purchase price THB 1,550,000 gives an estimated 6.6% gross rental yield before common fees and taxes. This profile suits investors prioritizing cash flow over aggressive appreciation.
Capital Gain view: Using a 2024-2025 reference around THB 1.45M and a 2026 average of THB 1.55M, the uplift is roughly THB 100,000 or about 6-7% over 1-2 years. Further upside is possible but capped by nearby Chiang Mai condo supply that competes on both resale pricing and rental listings.
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