The Spring Condo

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Fa Ham, Mueang Chiang Mai, Chiang Mai

For Sale 3 Units
฿2,600,000
For Rent 4 Units ฿15,000
Construction
Dec 2016 Completed
Floors
7 Floors
Units
75 Units
Project Area
2,398 SqM Project Area

The Spring Condo in Fa Ham, Chiang Mai

The Spring Condo is a condo and apartment project located in Fa Ham, Chiang Mai and was completed in Dec 2016. It has 75 units across 7 floors

About The Spring Condo

Experience the superiority of living with The Spring Condo, a colonial-style luxury condo in Chiang Mai city's heart that integrates delicate design into functional space with built-in storage. Enjoy an airy space with a ceiling height of 3.4 meters and a full-frame glass, yet preserve your privacy by a single-corridor design. Satisfy all living's needs with on-site facilities, including a swimming pool, a garden, a gym, and security systems. Be more exclusive with Chiang Mai top-notch location near Central Festival Chiang Mai, just 200 meters away. The Spring Condo, a premium project guaranteed by Best Residential Development (Chiang Mai) award from Thailand Property Awards 2016.

Project Developer
The Spring Condo was a condominium project developed by NTS Property Company in 2016 and ready to move in.

Project Information
The Spring Condo is a low-rise condominium project on an area of ​​over 1 rai, 1 building, 7 floors, and a total of 75 residential units, divided into 2 room types as follows;
1-bedroom type: 64 units (29.67 - 43.91 sq.m)
2-bedroom type: 11 units (56.16 - 94.37 sq.m)

The rooms come fully-furnished with built-in storage compartments in every room. The room layout is in clear proportion divided into kitchen, dining area, living area, bedroom, bathroom, and a balcony. The floor plan is in single-corridor design without a room on the opposite side to add more privacy to the residents.

Facilities
Lobby
Mailbox
Saltwater swimming pool
Fitness center
Garden
24-hour security system and CCTV
Parking space to accommodate 34 cars

Location and direction
The Spring Condo is located on Soi Mae Khao, Moo 4, Chiang Mai - Doi Saket Road, Fa Ham, Mueang, Chiang Mai. The property is 200 meters away from Central Festival Chiang Mai.
You can get to the project by car starting from San Dek Intersection heading northeast on Route 118 towards Chiang Mai - Doi Saket parallel road. Drive for 190 meters and turn left into Mae Khao. Go straight for 430 meters before turning right. Keep going for 31 meters; you will find the project's location.
Sale Price : ฿5,759,000
Fazwaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
Fazwaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
Fazwaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
Fazwaz Estimate : ฿149,999
Price Rating : Fair Price

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Facilities

Leisure
Leisure
Communal Pool Communal Pool
Jacuzzi Jacuzzi
Fitness
Fitness
Communal Gym Communal Gym
Convenience
Convenience
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Shuttle Bus Shuttle Bus
Safety
Safety
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Parking & Lift

Ratio of Parking Spaces to # of Units
Ratio of Parking Spaces to # of Units 53%

Management

Common Area Management Fee
Common Area Management 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.
฿45/SqM
Sinking Fund
Sinking Fund
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 The Spring Condo the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
฿500/SqM

Frequently asked questions

Frequently asked questions about The Spring Condo
No pets are allowed at The Spring 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 at The Spring Condo is ฿45 per square meter based on the size of the indoor area of the property. This fee has to be paid every month 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 The Spring Condo the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Chiang Mai Bus Terminal 2 Arcade is the nearest Bus Terminal from The Spring Condo and it is 1 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 The Spring Condo you have to follow these steps:

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

 


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

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Chiang Mai

Fa Ham

Neighborhood Overview of Fa Ham, Chiang Mai

Neighborhood Overview

Location and Neighborhood

Street View


Surrounding area

The Spring Condo is conveniently located just 690 m from 7-Eleven, which can be reached within 9 mins. by foot.

There are many other shops situated in the area of The Spring Condo, the 3 closest being:
- Central Food Hall The Crystal is 1.0 km away (an approx. drive of 4 mins.)
- FUN CITY Central Festival Chiang Mai is 630 m away (about 8 mins. by foot)
- Dior Central Festival Chiang Mai is 1.0 km away (an approx. drive of 4 mins.)

The surrounding area, where The Spring Condo is situated, offers a wide variety of restaurants. See the closest of them below:
- Runway Shop Chiang Mai is 430 m away (a walk of about 5 mins.)
- Sweet is 1.0 km away (approx. 4 mins. by car)
- A delicious shop (deep) recipe (secret) is 690 m away (a walk of about 8 mins.)

Theppanya Hospital is the nearest health facility, which is 1.7 km away (you can drive there in 4 mins.) from the project, while the closest schools in the proximity of The Spring Condo are:
- Education Zone Central Festival Chiangmai is 880 m away (about 11 mins. by foot)
- Kru Ying's Home School is 2.0 km away (an approx. drive of 7 mins.)
- I-Genius English Language Institute Chiangmai is 880 m away (about 11 mins. by foot)

Chiang Mai International Airport is located 10.5 km from The Spring Condo and it takes about 20 mins. by car or taxi (depending on the traffic) to get there.

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