Prime Square

5 (1 Review)

Chang Phueak, Mueang Chiang Mai,Chiang Mai

Unit ID: U121805
7% Rental Yield
฿2,200,000 ฿2,390,000 Great Price
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
29 SqM Size
Floors
5 Floor
Construction
Dec 2015 Completed

1 Bedroom Condo for sale at Prime Square

This property is a 29 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Prime Square project in Chang Phueak, Chiang Mai and was completed in Dec 2015. You can buy this condo for a base price of ฿2,200,000 (฿75,862/SqM) and it is also available for long term rentals starting from ฿13,000 per month.

Features

BalconyBalcony

Basic Information

Property Type Condo
Floor 5
Bedroom 1
Size 29 SqM
Price per SqM ฿75,862
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that is currently below 49%.

Thai 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) City View
Unit Type N/A
Building N/A
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.
฿1,305/mo
Listed By
Private Owner
Date Listed Oct 29, 2018
Last Updated 7 months ago
Unit ID U121805

3D Walkthrough

Price Analysis

Great Price
Estimated market value ฿3,538,452
Great
฿2,460,000
Good
Fair
Above
฿2,550,000
Current asking Price: ฿2,200,000 | Advertised rental rate: ฿13,000/mo
This condo is ฿1,338,452 BELOW MARKET (-38%) in the Chiang Mai area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

Sale Price
฿2,200,000
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.
฿1,305/mo
Rent
฿13,000/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.
14
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
7%

Project Details

Project Name: Prime Square
Developer: N/A
Construction: Completed (Dec 2015)
Floors: 7
Buildings: N/A
Units: 76
Project Area: N/A
Nearest Landmark Maya Lifestyle Shopping Center - 0.3 Km
Location: Chang Phueak, Mueang Chiang Mai, Chiang Mai
Prime Square Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Sauna Sauna

Available Units at Prime Square

For Sale 1 For Rent 1

Loan Calculator

Frequently asked questions

The common area maintenance fee is ฿45 per square meter based on the size of indoor area of the property and is ฿1,305 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.
Maya Lifestyle Shopping Center is the nearest Shopping Mall from Prime Square and it is 0.3 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 Prime Square 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

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

Do you own a property at Prime Square?

Find out how much your property is worth and start your listing for free.

Reviews

5 out of 5 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The location of the project is excellent.
5 Winnie T., Canada, 3 years ago
The location of the project is excellent. Convenient transportation because it is close to the Chiang Mai-Lampang Super Highway. Also, within 5 minutes walking distance to major shopping malls such as Maya shopping mall and not far from Nimmanhaemin area. It is an area for shops, lovely restaurants, and bars. I decided to stay here for a long time, and when I stay here, I love the tranquility and good atmosphere with a nice view of the mountain from the gym. I also like the rooftop atmosphere with a garden so I could read a book in my leisure time. The room I rented is a one-bedroom unit, not very large. The interior is divided into proportions, beautifully decorated. The bedroom wall has a huge window. You can see the mountain view comfortably. Overall, I like it here.

Chiang Mai

Chang Phueak

Neighborhood Overview

Location and Neighborhood

Street View

Similar Units

Favorite Compare
  • 3D Virtual Tour
฿2,119,000
1 1 31.85 SqM Condo

Arise Condo At Mahidol

Pa Daet, Mueang Chiang Mai, Chiang Mai, Thailand
Favorite Compare
  • 3D Virtual Tour
฿1,950,000
1 1 32 SqM Condo

D Condo Sign

Fa Ham, Mueang Chiang Mai, Chiang Mai, Thailand
Favorite Compare
  • 3D Virtual Tour
฿2,277,000
Studio 1 27.91 SqM Condo

The Next Jedyod

Chang Phueak, Mueang Chiang Mai, Chiang Mai, Thailand
Favorite Compare
  • 3D Virtual Tour
฿2,200,000
1 1 32.79 SqM Condo

V Residence

Chang Phueak, Mueang Chiang Mai, Chiang Mai, Thailand
Favorite Compare
  • 5% Rental Yield
  • 3D Virtual Tour
฿2,490,000
1 1 31.88 SqM Condo

Himma Garden Condominium

Chang Phueak, Mueang Chiang Mai, Chiang Mai, Thailand
Favorite Compare
  • 3D Virtual Tour
฿2,500,000
2 1 45 SqM Condo

One Plus Jed Yod Condo

Chang Phueak, Mueang Chiang Mai, Chiang Mai, Thailand
Favorite Compare
฿2,410,000 ฿2,420,000
1 1 49 SqM Condo

Mountain View Condominium

Chang Phueak, Mueang Chiang Mai, Chiang Mai, Thailand
Favorite Compare
  • OFF PLAN
฿2,108,397
1 1 32.79 SqM Condo

Glory Condominium Chiang Mai

Si Phum, Mueang Chiang Mai, Chiang Mai, Thailand
Favorite Compare
  • 3D Virtual Tour
฿1,800,000
2 1 60 SqM Condo

The Hill Park

Chang Phueak, Mueang Chiang Mai, Chiang Mai, Thailand
Favorite Compare
  • 6% Rental Yield
  • 3D Virtual Tour
฿2,500,000
1 1 37.55 SqM Condo

D Vieng Santitham

Chang Phueak, Mueang Chiang Mai, Chiang Mai, Thailand

Projects Nearby Prime Square

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
Project Name
Moda Condo
Location
Mueang Chiang Mai, Chiang Mai, Thailand
Number of units
59
Sales Prices
฿3.91M
▼ -22% underpriced
Monthly Rentals
฿10K - ฿20K
Year Built
Nov 2015
Completion Status
Completed
Location
Mueang Chiang Mai, Chiang Mai, Thailand
Number of units
98
Sales Prices
฿1.49M
Monthly Rentals
N/A
Year Built
Nov 2012
Completion Status
Completed
Project Name
Hillside 4
Location
Mueang Chiang Mai, Chiang Mai, Thailand
Number of units
310
Sales Prices
฿1.7M - ฿12.4M
Monthly Rentals
฿7.51K - ฿29K
Year Built
Sep 1998
Completion Status
Completed
Project Name
The 8 Condominium
Location
Mueang Chiang Mai, Chiang Mai, Thailand
Number of units
61
Sales Prices
฿3.87M - ฿8.81M
▲ 15.3% overpriced
Monthly Rentals
฿9.01K - ฿30K
Year Built
Jul 2018
Completion Status
Completed
Location
Mueang Chiang Mai, Chiang Mai, Thailand
Number of units
587
Sales Prices
฿2.76M - ฿17.3M
▼ -17% underpriced
Monthly Rentals
฿13K - ฿23K
Year Built
May 2005
Completion Status
Completed
Project Name
Play Condominium
Location
Mueang Chiang Mai, Chiang Mai, Thailand
Number of units
65
Sales Prices
฿3.76M - ฿5.12M
▼ -0.4% underpriced
Monthly Rentals
฿23K
Year Built
Apr 2016
Completion Status
Completed
Location
Mueang Chiang Mai, Chiang Mai, Thailand
Number of units
70
Sales Prices
฿7.51M
Monthly Rentals
฿13K - ฿45.1K
Year Built
Aug 2018
Completion Status
Completed
Location
Mueang Chiang Mai, Chiang Mai, Thailand
Number of units
96
Sales Prices
฿3.1M - ฿4.31M
▼ -21% underpriced
Monthly Rentals
฿14K - ฿18K
Year Built
Feb 2018
Completion Status
Completed
Location
Mueang Chiang Mai, Chiang Mai, Thailand
Number of units
96
Sales Prices
฿3.51M
Monthly Rentals
฿17K
Year Built
Aug 2016
Completion Status
Completed
Project Name
The Next Jedyod
Location
Mueang Chiang Mai, Chiang Mai, Thailand
Number of units
78
Sales Prices
฿2.28M - ฿5.09M
▲ 1.3% overpriced
Monthly Rentals
N/A
Year Built
Nov 2020
Completion Status
Completed
Back to top