Chiang Mai apartment towers. Asking rent versus achieved rent

Chiang Mai Condo Prices by Area (2026)

Chiang Mai Condo Prices by Area (2026)

What a Chiang Mai condominium actually costs, by area

These are median asking prices per area, computed from 70 listings across 70 named buildings in 14 areas. Asking is not achieved: it is the number the market is testing, and the number you negotiate down from. Where a bucket rests on three buildings or fewer the row says so, is a number and not a market.

AreaMedian asking priceBuildingsListings
Si Phum / Old City · thin sample฿4,650,00011
Wat Ket / East Ping · thin sample฿4,277,50022
Mae Hia / Hang Dong · thin sample฿3,800,00033
Chang Phueak / Santitham฿3,680,0001616
Chang Khlan / Night Bazaar฿3,600,00055
Suthep / Nimman฿3,450,0001818
Nong Pa Khrang฿3,350,00077
Fa Ham฿3,097,00099
Pa Daet · thin sample฿2,845,05533
Chai Sathan / Saraphi · thin sample฿2,195,00011
San Sai · thin sample฿2,124,50022
San Phak Wan / Hang Dong · thin sample฿1,895,00011
Nong Hoi · thin sample฿1,800,00011
Pa Tan · thin sample฿1,095,00011

Median asking price per area, sample size shown per row. No yield figures appear on this page by design — see the Chiang Mai yield work for that side.

Why the cheap areas are not automatically the good ones

A lower median means a lower entry price and nothing else. It does not tell you what the unit lets for, how long it sits empty between tenants, or what the building charges to run itself. Two areas can sit within a few hundred thousand baht of each other and behave completely differently once the running costs land. Read the area ranking next, then the cost stack below.

// The building file

Area medians tell you where to look. The Chiang Mai Condo Buyer’s Guide names the buildings inside those areas, each with its unit count, size range and the rent evidence behind it.

The Chiang Mai Condo Buyer’s Guide — $99

What the asking price leaves out

Every number above is the headline. The transfer fee, the common-area charge, the sinking-fund contribution and the tax on exit are all on top, and together they move the real cost of ownership more than choosing a different area does. Set out in full on the Chiang Mai cost page.

Frequently asked questions

Are these asking prices or achieved prices?

Asking. They are what the market is currently testing, computed as the median per area from the building file. Achieved prices sit below asking and are not published by any Thai portal.

Can a foreigner buy a condominium in Chiang Mai?

Yes, on freehold title inside the building's 49 percent foreign quota, in their own name. Land is closed to foreign individuals.

Why do some areas show so few buildings?

Because only buildings that clear the evidence bar are counted, and thin buckets are labelled on the row. A median drawn from one building is a number, not a market, and it is marked as such.

Do these prices include the fees?

No. The transfer fee, the common-area charge, the sinking fund and the exit tax all sit on top of the asking price and are set out on the Chiang Mai cost page.

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⚠ Disclaimer

Brinkman Data Analytics is an independent research service. Not financial, investment, tax, or legal advice. All yield figures are estimates based on historical research data and are not guaranteed. International real estate carries risk of partial or total loss of capital.