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The Treasure, a modern luxury condominium in a prime location of Chiang Mai city. A new living definition for a new generation of living. The architecture is unique and secured with the steels added throughout the building to reduce earthquake effects. Special location near Central Festival Chiang Mai, Big C Extra, Makro, hospitals, universities, and leading schools of the province.
Under the concept 'valuable gift,' the condo is designed beautifully, which everyone desired to own and pass on this legacy to younger generations. This concept becomes the origin of the project's name.
Moo 4, Chiang Mai Business Park Road (CBP) Soi 7, Nong Pa Khrang Subdistrict, Mueang District, Chiang Mai
The Treasure is a condominium project from the Home Development Group Company, which was completed in 2017. The project is an 8-floor condominium of 4 buildings with 497 residential units in total, occupying an area of 5 rai.
- 1-bedroom type( from 34-52 sq.m)
- 2-bedroom type ( from 53-80 sq.m)
The project's facilities include free high-speed internet, 4 saltwater swimming pool with a maximum length of 22 meters, a fitness room, a sauna, a garden, parking space with more than 70% of residential units, and a 24-hour security system with CCTV.
Direction to the project
To get to the project by car, start from the superhighway Chiang Mai - Lampang passing the Central Festival Chiang Mai. You will see Children Court Intersection, go straight for 650 meters, and turn right again onto Chiang Mai Business Park, Soi 2. keep driving for 750 meters and turn right for 210 meters. You will see The Treasure on your right-hand side.
A well established company with registered capital of 120 million baht. With extensive experience in the real estate business, the company is presently part of the Home Sukkapan Compnay group that is widely accepted as the largest tiles and fixtures retailer and wholesaler in the Northern region with its profits amounting to more than 1,000 million baht annually.
The common area maintenance fee is ฿35 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 Treasure the required payment for the sinking fund is ฿400 per square meter based on the size of the indoor area of the property.
Bangkok Hospital Chiang Mai is the closest Hospital from The Treasure and it is 1.72 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.
After you have found the right property you have to follow these steps:
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.
The Treasure is located 2040 from 7-Eleven and it can be reached within 5 mins by car.
There are many other shops situated in the area of The Treasure, the 3 closest being:
- Japanese style shirt, Hong Kong cloth (in front of Bangkok Bank) is 740 m away (about 9 mins. by foot)
- Sin Outlet is 2.2 km away (an approx. drive of 8 mins.)
- Nail 2 is 2.1 km away (an approx. drive of 7 mins.)
The surrounding area, where The Treasure is situated, offers a wide variety of restaurants. See the closest of them below:
- Papaya salad shop is 100 m away (a walk of about 1 min.)
- Today Thai Restaurant And Bar is 580 m away (a walk of about 7 mins.)
- P 'Chat House is 110 m away (a walk of about 1 min.)
Siam Cell Life Clinic Co. Ltd is the nearest health facility, which is 360 m away (you can walk there in 4 mins.) from the project, while the closest schools in the proximity of The Treasure are:
- 3+Plus for Kids is 4.0 km away (an approx. drive of 6 mins.)
- SMT SCHOOL, CHIANG MAI is 350 m away (about 4 mins. by foot)
- Stellar EducationCenter is 410 m away (about 5 mins. by foot)
Chiang Mai International Airport is located 11.6 km from The Treasure and it takes about 19 mins. by car or taxi (depending on the traffic) to get there.