Unit ID: U1980665
6% Rental Yield
Nong Pa Khrang, Mueang Chiang Mai,Chiang Mai
฿4,000,000
2 Bedrooms
2
Bathrooms
70.31 SqM
Size
6
Floor
Nov 2014
Completed

About This Condo

This property is a 70.31 SqM condo with 2 bedrooms and 2 bathrooms that is available for sale. It is part of the project in Nong Pa Khrang, Chiang Mai and was completed in Nov 2014. You can buy this condo for a base price of ฿4,000,000 (฿56,891/SqM).

Good location near U.S Embassy and Big C Extra

This is a fantastic opportunity to own a spacious and modern 2-bedroom, 2-bathroom corner unit in the prestigious My Hip Condo 2, located within the Chiang Mai Business Park. Key Features:
  • Size: 70.31 sq.m.
  • Floor: 6th Floor
  • Orientation: East-facing balcony with views of the Kumphaya Hotel
  • Layout: Well-designed layout with a spacious feel and high ceilings (3 meters)
  • Amenities: Swimming pool, fitness center, underground parking, free communal Wi-Fi with a dedicated password
  • Location: Conveniently located near Central Festival Chiang Mai, Big C Extra, Payap University, and Bangkok Hospital Chiang Mai
  • Maintenance Fee: ฿30/sq.m.
Why You'll Love This Condo:
  • Prime Location: Enjoy easy access to shopping, dining, education, and healthcare facilities.
  • Modern Amenities: Stay active and connected with the on-site amenities.
  • Spacious and Bright: The high ceilings and large windows create a bright and airy living space.
  • Investment Potential: A great opportunity for both homeowners and investors alike.
Additional Notes:
  • Transfer fees are included in the asking price.
  • Please schedule viewings at least one day in advance.

Features

Pool AccessPool Access Covered ParkingCovered Parking

Basic Information

Date Listed Dec 5, 2024
Updated 1 week ago
Property Type Condo
Floor 6
Bedrooms 2
Size 70.31 SqM
Price per SqM ฿56,891
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if it is currently below 49%.

Foreign Quota
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Mountain View
Unit Type N/A
Building My Hip Condo 2
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿2,109/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1980665

Investment Opportunity: Charges & Yield

Sale Price
฿4,000,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿2,109/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
17
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 2 bedroom condos at My Hip Condo , and the current sales price.
6%

Project Details

Project Name: My Hip Condo
Construction: Completed (Nov 2014)
Floors: 7
Buildings: 3
Units: 328
Project Area: N/A
Nearest Landmark Bangkok Hospital Chiang Mai - 1.4 Km
Location: Nong Pa Khrang, Chiang Mai
My Hip Condo Project Details

Project Features

Hotel Managed Hotel Managed
Communal Pool Communal Pool
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at My Hip Condo

  • Communal Pool
    1st Floor

Available Units at My Hip Condo

For Sale 12 For Rent 7
Available Units at My Hip Condo
฿4,000,000
฿56,891/SqM
Beds 2 Beds
Baths 2 Baths
Size 70.31 SqM Size
Floor 6 Floor
Foreign Quota Fully Furnished Mountain View
Updated 1 month ago
Available Units at My Hip Condo
฿4,899,000
฿58,224/SqM
Beds 2 Beds
Baths 2 Baths
Size 84.14 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished
Updated 1 month ago
Available Units at My Hip Condo
฿1,999,999
฿48,780/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 41 SqM Size
Floor 2 Floor
Partly Furnished City View
Available Units at My Hip Condo
฿3,726,280
฿89,103/SqM
Beds 1 Beds
Baths 1 Baths
Size 41.82 SqM Size
Floor 2 Floor
Foreign Quota Mountain View
Available Units at My Hip Condo
฿6,300,000
฿71,591/SqM
Beds 2 Beds
Baths 2 Baths
Size 88 SqM Size
Floor 7 Floor
Thai Quota Fully Furnished Mountain View
Available Units at My Hip Condo
฿7,343,240
฿81,555/SqM
Beds 2 Beds
Baths 2 Baths
Size 90.04 SqM Size
Floor 7 Floor
Foreign Quota Pool View
Available Units at My Hip Condo
฿2,500,000
฿60,976/SqM
Great Price
Beds 1 Beds
Baths 1 Baths
Size 41 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished Pool View
Available Units at My Hip Condo
฿4,900,000
฿69,014/SqM
Beds 1 Beds
Baths 2 Baths
Size 71 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at My Hip Condo
฿2,700,000
฿65,854/SqM
Beds 1 Beds
Baths 1 Baths
Size 41 SqM Size
Floor 3 Floor
Foreign Quota Fully Furnished Unblocked Open View
Available Units at My Hip Condo
฿2,750,000
฿67,073/SqM
Beds 1 Beds
Baths 1 Baths
Size 41 SqM Size
Floor 7 Floor
Thai Quota Fully Furnished Mountain View
Available Units at My Hip Condo
฿2,300,000
฿56,098/SqM
Beds 1 Beds
Baths 1 Baths
Size 41 SqM Size
Floor Ground Floor Floor
Pool View
Available Units at My Hip Condo
฿2,500,000
฿59,524/SqM
Beds 1 Beds
Baths 1 Baths
Size 42 SqM Size
Floor Ground Floor Floor
City View
Get notified when new homes are being added to My Hip Condo
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Frequently Asked Questions

No pets are allowed at My Hip Condo unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is ฿30 per square meter based on the size of indoor area of the property and is ฿2,109 for this condo. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At My Hip Condo the required payment for the sinking fund is ฿350 per square meter based on the size of the indoor area of the property.
Bangkok Hospital Chiang Mai is the nearest Hospital from My Hip Condo and it is 1.4 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at My Hip Condo you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿10,000
1st Installment
Upon contract signing
฿100,000
2nd Installment
On handover
100%

Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

Read more here

Reviews

4.2 out of 5
Based on
6 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Great Condo in the prime area
Corrie Covey, United States, 4 years ago
I've been here for about a year now. Overall, it is quite satisfying both in terms of location and room. It's near Big C Extra, Platinum, and Makro, making my daily routine much easier. Also, on Thursday-Saturday, there is a walking street where I can hang out after work. For me, I have a motorbike to get around. It's quite convenient even you don't have a car because you can walk for 5 minutes to catch the red minibus. The room I stay in is a one-bedroom unit that is in a perfect size. It doesn't make me feel cramped at all. Perhaps, it's because the ceiling is around 3 meters high, making the room look airier and comfortable. It makes me feel like living in a single-detached house. My room comes with full-furnished furniture, so I don't need to waste my time choosing it. The facilities include a swimming pool, a gym, and a garden. They are in every building, making it adequate and more convenient for all residents. I think this place is also worth the investment. When I move out, I can still rent out the place for tourists, students, or working people. I highly recommend it!
This is such a livable condo
Alana Cobbins, United States, 4 years ago
I have a room here with one bedroom on the 3rd floor. The room is 40 sq.m wide, fully-furnished, and the layout is divided into functional proportion. The communal swimming pool is wide, and the garden is just perfect for relaxation. Pleasant atmosphere and good staff! This is such a livable condo.
Stay safe and comfortable
Cleotilde Rafter, Canada, 5 years ago
This condo suits for real relaxation because it is a beautiful condo and complete facilities. Besides, the room I rented was neatly decorated. All the furniture is quality, and the areas are divided into zones; it is the perfect size for 2 bedrooms. Moreover, it is close to Bangkok Hospital Chiang Mai and Wiang Kum Kam, convenient for traveling as it is located in a prosperous area. It is such an excellent place to stay.
Spacious common area, convenient transportation near the mall
Caihong Feng, China, 5 years ago
The communal areas here are designed amazingly. It can be said that it is worth the money paid. The residence is located in the center of Chiang Mai and is considered okay. It is also not far from Central Festival Chiang Mai. However, it used to have a problem with a power drain. Anyway, it was considered good maintenance. Besides, the pool here is clean, and the staff is always taking care of it. Although it has been constructed for many years, the structure still looks new, and t he lobby is spacious. The room downstairs is too dark, but the rooms on the upper floor give mountain views, well-ventilation !!
Big room and clean
Jaehong Park, South Korea, 5 years ago
There's no need to explain a lot about this project. It is excellent; the room is spacious, new, and clean. Located in a perfect location next to Big C, Index Living Malls, and the Green Market Walking Street, within walking distance. There is a swimming pool, a gym and parking space available for residents. My room is a 1-bedroom room with standard furniture and an ensuite bathroom. The owner was very kind. Very impressed!
Good location, suitable
Lashay Vartanian, Brazil, 6 years ago
The condo is in an excellent location, convenient to travel to because it's in Chiang Mai Town, close to the Central Festival shopping mall and the Chiang Mai Bus Terminal 2. The condo is modernly designed to meet the needs and benefits of the residents. The furniture used in this project is in good quality - strong and durable. It's suitable for living. The facilities such as swimming pool, garden, and fitness are in good condition. This area is taken care of very well. Although it is not the latest project, the overall condition doesn't look old at all.
Chiang Mai
Nong Pa Khrang

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby My Hip Condo

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Nong Pa Khrang, Mueang Chiang Mai, Chiang Mai
Number of units
79
Sales Prices
฿1.6M - ฿5.3M
▼ -30% underpriced
Monthly Rentals
฿15K - ฿25K
Year Built
May 2008
Completion Status
Completed
Location
Nong Pa Khrang, Mueang Chiang Mai, Chiang Mai
Number of units
82
Sales Prices
฿7.4M
▼ -10% underpriced
Monthly Rentals
N/A
Year Built
Jan 2012
Completion Status
Completed
Location
Nong Pa Khrang, Mueang Chiang Mai, Chiang Mai
Number of units
79
Sales Prices
฿1.23M - ฿1.99M
Monthly Rentals
N/A
Year Built
Aug 2007
Completion Status
Completed
Location
Nong Pa Khrang, Mueang Chiang Mai, Chiang Mai
Number of units
78
Sales Prices
฿1.4M - ฿2.3M
Monthly Rentals
฿15K - ฿15.5K
Year Built
May 2015
Completion Status
Completed
Project Name
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Location
Nong Pa Khrang, Mueang Chiang Mai, Chiang Mai
Number of units
101
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฿11M - ฿18M
Monthly Rentals
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Year Built
Dec 2015
Completion Status
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Project Name
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Location
Nong Pa Khrang, Mueang Chiang Mai, Chiang Mai
Number of units
497
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฿2.15M - ฿4.88M
▲ 10.3% overpriced
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Completion Status
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Location
Nong Pa Khrang, Mueang Chiang Mai, Chiang Mai
Number of units
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Monthly Rentals
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Year Built
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Completion Status
Completed
Location
Nong Pa Khrang, Mueang Chiang Mai, Chiang Mai
Number of units
152
Sales Prices
฿1.75M - ฿4.3M
▼ -14.6% underpriced
Monthly Rentals
฿8.5K - ฿12K
Year Built
Nov 2015
Completion Status
Completed
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Completion Status
Completed
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