Floral Chiangmai Condominium

Floral Chiangmai Condominium is located on Soi Wat Ket 1, Wat Ket Subdistrict, Mueang Chiang Mai, Chiang Mai 50000. This condominium is considered a low-rise residential project in the Wat Ket area, a neighborhood known for its quiet atmosphere while still offering convenient access to Chiang Mai city center and key commercial zones. The location is suitable for both owner-occupiers and investors seeking rental demand on the eastern side of the old city area.

Available market information generally indicates that the project is an approximately 8-storey low-rise condominium with 1 building and a relatively limited number of units, offering a more private living environment. Unit types mainly include studio, 1-bedroom, and some larger 2-bedroom layouts, making it suitable for working professionals, couples, and residents looking for a practical city condominium in Chiang Mai.

Common facilities typically include a swimming pool, fitness room, elevator, parking area, and shared relaxation spaces. Security features include CCTV, controlled building access, and on-site security support for residents' peace of mind.

The project was completed around 2012. However, some detailed information, such as exact unit count, parking ratio, project developer, and management company, appears to be limited in public sources. Buyers or tenants should verify these details directly with the juristic office or official project documents before making a decision.

In terms of location, the project is within convenient reach of Chiang Mai Night Bazaar, Charoen Muang Road, Chiang Mai Railway Station, and other important city amenities. This makes it attractive for both long-term living and rental investment. For comparison with another condominium in Chiang Mai, you may also consider Supalai Monte 2 Chiangmai.

Floral Chiangmai Condominium in Wat Ket (Soi Wat Ket 1) benefits from the riverside lifestyle and the café and heritage pocket around Wat Ket, supporting steady rental demand from city workers and mid-term tenants. In 2026, pricing is generally stable rather than aggressive. Compared with inner-city projects such as The Nimmana, Floral typically trades at a more accessible price per sqm, appealing to value-focused buyers who prioritize real rentalability.

• Resale price per unit: Studio 28-32 sq.m. at THB 1.35-1.65M; 1-bedroom 35-45 sq.m. at THB 1.75-2.30M.
• Average selling price: about THB 52,000-60,000 per sq.m.
• Average rent: Studio THB 7,500-9,000 per month; 1-bedroom THB 9,500-12,000 per month.
• Rental Yield (example): Buy at THB 1.80M, rent at THB 10,000 per month. Annual rent = 120,000. Gross yield = 120,000 - 1,800,000 = 6.7% per year.
• Capital Gain view: With a gradual 2-4% annual price growth, a 3-year uplift of roughly 6-12% is plausible. The key drivers are unit condition, furnishing, and juristic management quality, while nearby competitors like D Condo Sign and D’Vieng Santitham can cap upside if supply increases.

Bottom line for 2026: suitable for investors targeting cashflow around 5.5-7.0% gross yield, with moderate capital appreciation potential rather than rapid price jumps.