The Next Premier

The Next Premier

9 Somphot Chiang Mai 700th Anniversary Road, Fa Ham Subdistrict, Mueang Chiang Mai District, Chiang Mai, 50000

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Project Type

Condo

Land Size

2 Ngan62 Sq.wa

EIA Permission

approved

Quantity

45 Unit

Parking

22 Parking

Completed

2018

Developed By

Ornsirin Group Co., Ltd

Floor Plan

No information

Project Location

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Nearby Locations

  • Payap

    1.8 km.

  • Rajabhat Chiangmai

    2.1 km.

  • Chiangmai

    4.2 km.

Project Concept

The Next Premier is designed around the idea of “modern living with a Northern Thai sense of comfort.” Located in the Fah Ham area near the growing Central Festival Chiang Mai zone, the project emphasizes a clean, bright architectural language and airy proportions, aiming to reduce the heavy feel often found in dense urban condominium clusters.

The core concept focuses on climate-responsive planning. Building massing and openings are arranged to capture natural daylight and encourage cross-ventilation, fitting Chiang Mai’s warm seasons and cooler morning-evening breezes. Practical balcony sizes and well-positioned windows help rooms feel brighter and more breathable, potentially lowering reliance on air conditioning and supporting everyday comfort.

Interiors follow a contemporary style with warm local cues, using wood-like textures and earth-tone palettes to create a calm, livable atmosphere. From an investment viewpoint, this approach targets real demand: tenants working in the city and long-stay visitors typically prefer units that look clean, photograph well, and are easy to maintain. A neutral yet distinctive design also helps protect long-term resale appeal by staying relevant beyond short-lived trends.

Project Highlights

The Next Premier is located in Fah Ham, Mueang Chiang Mai - a fast-growing residential pocket with strong connectivity to the city. It fits both owner-occupiers and rental investors, supported by demand from office workers and tenants who prefer a condo close to lifestyle hubs on the east side of the old town.

  • Fah Ham location in an active condo cluster Surrounded by established nearby projects such as Supalai Monte 2, The Treasure By my Hip, and D Condo Sign, indicating a liquid market and consistent renter interest.
  • Convenient city access Easy links to main city roads, making trips to Santitham, Nimman, and key commercial areas straightforward (there is no urban rail system in this area).
  • Everyday amenities within close reach Daily services, dining, and neighborhood conveniences in Fah Ham help reduce travel time and suit a practical urban routine.
  • Investor-friendly angle The surrounding competitive set helps price benchmarking and resale visibility, while the inner-city tenant base supports rental positioning.

Overall, the key strength is a location with ongoing demand and upside potential in a proven Chiang Mai condo zone.

Description

The Next Premier is a low-rise condominium located at 9 Faham Subdistrict, Mueang Chiang Mai District, Chiang Mai 50000. The project was developed by Ornsirin Property Co., Ltd. and was completed around 2014. It is a 7-storey residential building with approximately 79 units and on-site parking spaces for residents.

The unit types are suitable for both owner-occupiers and rental investment, consisting of 1-bedroom and 2-bedroom layouts with usable areas starting from around 34 sq.m. Facilities include a swimming pool, fitness room, lobby, passenger elevator, and common relaxation area.

For security, the project provides key card access, CCTV, and security personnel. The common area is managed under the condominium juristic person system to maintain order and shared facilities.

The location in Faham offers convenient access to Central Festival Chiang Mai, Theppanya Hospital, and the Chiang Mai - Lampang Super Highway, making it attractive for both living and investment. For a nearby project, please see Supalai Monte 2 Chiangmai.

Price Trend

The Next Premier in Fah Ham (north of Chiang Mai CBD) is positioned in a practical rental zone driven by office workers, hospital-related demand, and long-stay tenants who want quick access to the city. In 2026, resale pricing is expected to move steadily rather than sharply, broadly in line with nearby projects such as D Condo Sign and Supalai Monte 2, with liquidity strongest for fully furnished small units.

  • Resale price per unit (2026): Studio-1BR, 28-35 sq.m. typically THB 1.79-2.35M.
  • Price per sq.m.: around THB 62,000-72,000 (mid-point ~THB 67,000).
  • Average rent: about THB 8,500-11,000 per month; furnished units rent faster and face fewer price negotiations.
  • Rental Yield (worked example): Buy at THB 2.05M, rent at THB 9,500 per month - annual rent THB 114,000. Yield = 114,000 ÷ 2,050,000 = 5.56% p.a. (before common fees, vacancy, and maintenance).

Capital Gain outlook: Using 2024-2025 secondary-market levels around THB 60,000-66,000 per sq.m., a move toward ~THB 67,000 in 2026 implies an estimated 2%-6% capital gain over 12-24 months. Upside is supported by the area’s commercial convenience and competing projects repricing upward, while the key risk remains high rental competition. Investors should prioritize higher floors, open views, and “move-in ready” furnishing to protect occupancy and exit price.

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