Casa Condo @ CMU

Casa Condo @ CMU is a low-rise condominium located in Suthep Subdistrict, Mueang Chiang Mai District, Chiang Mai 50200. The project is positioned near Chiang Mai University and enjoys convenient access to Huay Kaew Road, Nimmanhaemin Road, and Chiang Mai city center, making it suitable for both owner-occupiers and rental investment targeting students, medical staff, and urban professionals.

The project was developed by Quality Houses Public Company Limited and was completed around 2014. It consists of 3 residential buildings, each 8 storeys high, with approximately 391 residential units. Parking is available for about 40% of total units. Room types mainly include studio, 1-bedroom, and 2-bedroom layouts, suitable for 1-3 residents.

Facilities include a swimming pool, fitness center, garden area, lobby, passenger lifts, and common areas designed for daily living convenience. The security system includes 24-hour security guards, CCTV, and key card access. Project management follows the standards typically associated with a major listed developer, supporting organized maintenance of the building and common areas.

A key advantage of the project is its location close to Chiang Mai University, shopping destinations, and the Nimmanhaemin lifestyle district. A nearby project in the same area is The Nimmana, which reflects the continued residential and investment demand in this neighborhood.

Casa Condo @ CMU in Suthep, Mueang Chiang Mai benefits from stable rental demand driven by Chiang Mai University students, university staff, and office workers from the Nimman area. In 2026, pricing is expected to move steadily rather than spike, as the rental market remains competitive versus nearby condos such as The Nimmana and multiple One Plus projects that add rental supply.

• Resale price per unit (studio to 1-bed, 28-35 sq.m.): THB 1.85-2.45M
• Average resale price per sq.m.: ~THB 70,000-82,000
• Average rent: THB 9,000-12,000 per month (fully furnished units near CMU)

• Rental Yield example: Buy at THB 2.10M, rent at THB 10,500 per month - annual rent THB 126,000 - gross yield = 126,000 ÷ 2,100,000 = 6.0%
• After allowing ~10% for vacancy and upkeep, estimated net yield is ~5.4%

• Capital Gain outlook: assuming a conservative 2-4% annual price growth typical for the CMU vicinity, a THB 2.10M unit could reach ~THB 2.23-2.36M in 3 years (gain ~THB 0.13-0.26M). Key risks are rental competition from nearby projects and demand sensitivity to tourism and local employment.