One Plus Huay Kaew 1

One Plus Huay Kaew 1 is a low-rise condominium located on Huay Kaew Road, Soi Plub Plueng, Chang Phueak, Mueang Chiang Mai, Chiang Mai 50300. The project is in a well-established residential area close to Nimmanhaemin Road, Chiang Mai University, and major lifestyle destinations, making it suitable for both owner-occupiers and rental investors.

Developed by Karnkanok Property Co., Ltd., the project was completed around 2012. It is an 8-storey residential building with approximately 78 units and resident parking spaces. Unit types mainly include studio, 1-bedroom, and 2-bedroom layouts, designed to match urban living and rental demand from working residents and students.

Facilities include a swimming pool, fitness room, passenger lift, lobby, common area, and parking. Security systems include CCTV, key card access, and on-site security personnel, helping support privacy and everyday convenience for residents.

The project is managed by the juristic person, which oversees common area maintenance and general building management. A key advantage of this condominium is its location near Huay Kaew Road with convenient access to Nimman, Chiang Mai Zoo, and the city center. For a nearby project, see The Nimmana.

One Plus Huay Kaew 1 sits on Huay Kaew Road (Plubplueng Soi), a practical rental pocket supported by office workers and students, with lifestyle demand spilling over from the Nimman area and the Maya shopping zone. This helps pricing stay resilient despite Chiang Mai’s competitive condo supply.

• 2026 resale price: a 30 sq.m. studio averages THB 2.05M, or about THB 68,000 per sq.m.
• Typical observed range: THB 1.85-2.30M depending on floor, view, and room condition
• Average rent: THB 9,500 per month on a 12-month lease (common range THB 9,000-11,000)

Rental Yield (shown with math): 9,500 x 12 = THB 114,000 per year. Divide by purchase price 2,050,000 = 5.56% gross yield per year (before common area fees, taxes, and vacancy). This is relatively attractive versus nearby higher-priced projects where rents tend to lag resale prices.

Capital Gain outlook: Using a conservative Huay Kaew-Nimman growth assumption of 2-4% per year, potential price appreciation is roughly THB 40,000-80,000 per year per unit. Key risk is competing supply from nearby developments, so resale liquidity is strongest for units that are fully furnished and tenant-ready.