The Nimmana

The Nimmana is located on Soi 6, Suthep Subdistrict, Mueang Chiang Mai District, Chiang Mai 50200, in the heart of the Nimmanhaemin area with convenient access to Huay Kaew Road and major lifestyle destinations. The project is a Low Rise condominium comprising 3 buildings, 8 storeys each, with approximately 353 residential units and parking for around 40% of total units. The project was completed in 2015 and developed by Kando Development Co., Ltd. Unit types mainly include studio, 1-bedroom, and 2-bedroom layouts, starting from about 33 square meters.

Facilities include a swimming pool, fitness center, garden, lobby, passenger lifts, and shared common areas suitable for both owner-occupiers and rental residents. Security features include 24-hour security guards, CCTV, and key card access for residents' safety and privacy.

The project stands out for its location in the Nimman area, close to One Nimman, MAYA Lifestyle Shopping Center, Chiang Mai University, and Maharaj Nakorn Chiang Mai Hospital. This makes it suitable for self-use as well as rental investment, especially for students, medical staff, and expatriates seeking a condominium in central Chiang Mai. For a nearby comparison, see D’Vieng Santitham, another condominium project in a nearby neighborhood.

In terms of management, the project is generally operated under a juristic management office responsible for common area maintenance, orderliness, and residential standards.

The Nimmana (Nimman Soi 6, Chiang Mai) sits in a high-liquidity rental pocket driven by long-stay foreigners, creative workers, and students. In 2026, pricing is supported less by hype and more by “walkable Nimman” convenience to cafes, lifestyle retail, and Maya area, which typically keeps occupancy more stable than outer zones.

• Resale price per unit (1-bed 32 sq.m.): THB 3.20-3.60M
• Average price per sq.m.: THB 100,000-112,000
• Average rent: THB 16,000-19,000 per month (fully furnished)

Rental Yield 2026 (gross) quick math: purchase THB 3.40M, rent THB 17,500 per month = THB 210,000 per year. Gross yield = 210,000 - 3,400,000 = 6.18%. This excludes common fees, taxes, agent fees, and vacancy periods, so net yield will be lower.

Capital Gain outlook: assuming a realistic Nimman appreciation pace of 2-4% per year, a 2026-2028 price upside of about 4-8% is plausible. The key advantage is limited “true Nimman” supply versus nearby Santitham and Jed Yod where newer projects add competition. Main risks are rent pressure from new entrants and overpricing on resale listings.