Pleasant Condo Chiang Mai

Pleasant Condo Chiang Mai is a low-rise condominium located at 168 Ban Mae Kha Noi Khaimuk Soi 2, Pa Daet, Mueang Chiang Mai, Chiang Mai 50100. The project is positioned in a residential area on the southern side of Chiang Mai city, with convenient access to Mahidol Road, Chiang Mai-Hang Dong Road, and Chiang Mai International Airport. This makes it suitable for both owner-occupiers and rental demand from working residents in the city.

The development is an 8-storey residential building with approximately 79 units. Unit types mainly include studio and 1-bedroom layouts, suitable for 1-2 residents. Parking is provided in proportion to the project scale. Facilities include a lobby, passenger elevator, key card access, parking area, and basic common facilities, with an emphasis on practical everyday living.

Security features include CCTV, key card building access, and on-site supervision for residents' peace of mind. The project was completed around 2014. However, publicly verified information on the developer and management company is not clearly available, so buyers or tenants should confirm details directly with the juristic office or project documents. For a nearby project, see The Nimmana.

Pleasant Condo Chiang Mai in Pa Daet-Mae Kha Noi is positioned for tenants who work in the city and prefer the south-side residential zone. Access to Chiang Mai-Hang Dong Road and key lifestyle nodes (Kad Farang area and the airport) is typically within a 10-20 minute drive depending on traffic. In 2026, pricing remains relatively affordable versus prime tourist-heavy submarkets such as Nimman or Santitham, so the investment case leans more toward rental cash flow than aggressive price appreciation.

• Resale price per unit (2026): studio to 1-bed, 28-35 sq.m., typically THB 1.35-1.85M
• Average price: THB 48,000-55,000 per sq.m. (well-renovated units may reach ~THB 58,000 per sq.m.)
• Average rent: THB 6,500-8,500 per month on 1-year leases, around THB 230-260 per sq.m. per month

Rental Yield (with a clear calculation) Example: a 30 sq.m. unit purchased at THB 1.50M and rented at THB 7,500 per month generates THB 90,000 per year. Gross yield = 90,000 - 1,500,000 = 6.0%. Assuming a conservative 10% deduction for common fees and maintenance, net yield is approximately 5.4%.

Capital Gain outlook Given the lower entry price, upside tends to be gradual. A reasonable 2026 expectation is 2-4% annual growth, depending on unit condition and liquidity, translating to roughly THB 60,000-120,000 per year on a THB 1.5M unit. The key risks are competing rental supply across Chiang Mai and local purchasing power; selecting a well-kept, easy-to-rent unit improves both occupancy and resale prospects.