Convention Condominium

Convention Condominium is located at 220 Chang Phueak Subdistrict, Mueang Chiang Mai District, Chiang Mai 50300, along the Canal Road area near the Chiang Mai International Convention and Exhibition Centre and Chiang Mai University zone. The location suits both owner-occupiers and rental investors thanks to its relatively peaceful setting with convenient access to the city center and Nimman area.

The project is a low-rise condominium, developed as an approximately 8-storey residential building with 1 building and around 100 residential units. Parking is available according to the project allocation, suitable for long-term residents. Unit types commonly found in the project include studio and 1-bedroom layouts, focusing on practical living and rental demand in northern Chiang Mai.

Facilities include an elevator, lobby, parking area, and basic common facilities. Security features include controlled access and CCTV. As a ready-to-move-in condominium, the project is suitable for buyers looking for a location close to the convention center, university area, and major hospitals in Chiang Mai.

The project was completed around 2014. However, publicly verified information regarding the developer and property management company is not clearly available, so buyers should confirm details with the juristic office or individual listings before making a decision. For a nearby project in a similar area, see D’Vieng Santitham.

Convention Condominium (Chang Phueak, Chiang Mai) remains a “budget-friendly” resale option in 2026 versus Nimman and prime Santitham pockets. Demand is largely driven by long-stay tenants such as hospital staff, university-related workers, and city employees, making it more of a cashflow-focused asset than a rapid appreciation play.

• Resale price per unit (studio-1 bed, 28-35 sq.m.): THB 1.25-1.75M
• Average price: THB 45,000-55,000 per sq.m. (renovated rooms can reach ~THB 58,000)
• Average rent: THB 6,500-9,000 per month (best liquidity typically THB 7,500-8,500 with full furniture)

Rental Yield example (gross): buy at THB 1.45M, rent at THB 8,000 per month. Annual rent = 8,000 x 12 = THB 96,000. Gross yield = 96,000 ÷ 1,450,000 = 6.6% per year (before common fees, maintenance, and vacancy).

Capital Gain view: based on mid-market nearby condos that tend to grow steadily but slowly, a reasonable expectation is ~2-4% per year. For a THB 1.45M unit, that implies roughly THB 120,000-250,000 over 3 years. Upside is most sensitive to unit condition, renovation quality, and the ability to price rent at market without prolonged vacancy.