Monotown2 Suthep

(1 Review)

Suthep, Mueang Chiang Mai, Chiang Mai

Dec 2021 Completed

2 Floors

1 Building

55 Units

6,400 SqM Project Area

(1 Review)

For Sale 2 Units

฿3,800,000

▼ -1.3% underpriced

For Rent 1 Unit

฿30,000

Street View

Overview of Monotown2 Suthep in Suthep, Chiang Mai

Monotown2 Suthep is a house and villa project located in Suthep, Chiang Mai and was completed in Dec 2021. It has 55 units across 2 floors and was developed by SPACEANDCO CO., LTD., who is also behind Monotown 3 San Phi Suea

About Monotown2 Suthep

Monotown2 Suthep, a Japanese-style townhome designed to emphasize the importance of living in harmony with nature. It also modifies the townhouse to have a new style with good access to more natural green spaces by adding a green garden hall in the middle of the house that is higher than 2 floors to serve as a tree-planting area. The house is designed to receive natural lights and wind in the traditional Japanese style, emphasizes living with simplicity and harmony to provide the best use of the available spaces fit with the new generation's lifestyle, and to create the home area to be your workspace as well. It also stands out in minimalist design, making you and your family feel good in the best location in Chiang Mai. Monotown2 Suthep is located next to Chang Thong Road and is also surrounded by important amenities such as Chiang Mai International Airport, Big C Hang Dong, Mae Hia Fresh Market, Suthep Market (Ton Payom), Maharaj Nakorn Chiang Mai Hospital (Suan Dok Hospital), Chiang Mai University, etc.

Project Information
Monotown2 Suthep is located at 300 Moo 7, Chang Tong Road, Soi 4, Suthep, Mueang Chiang Mai, Chiang Mai. It is a 3-story townhome project with 55 residential units on an area of approximately 4 rai. It was developed by SPACEANDCO CO., LTD, and completed in 2021.

House Type and Detail
3-storey townhome: 3 Bedroom, 3 Bathroom, 2 Parking spaces (150 sq.m.)

Project Facilities
- Communal gym
- Communal pool
- Garden
- Kids playground
- 24-hour security system
- CCTV

Direction to the Project
To get to the project by car, you can start from Chiang Mai International Airport by heading east for 750 meters and turn left onto Mahidol Road/Boonruangrit Road (Route 1411) for 2 kilometers. Then, slightly left to enter Suthep Road for 1.8 kilometers and turn left onto Chiang Mai Outer Ring Road (Route 121) for 3.4 kilometers. After that, turn left again onto Sai Kam Road/Ban Chang Thong Road for 1.5 kilometers, and you will find the project on your right-hand side.

Features & Amenities

Communal Pool

Ground Floor

Available Units at Monotown2 Suthep

For Sale 2 For Rent 1

All
3 Beds
4 Beds

No Matched Units

Get notified when new homes are being added to Monotown2 Suthep

View All (2)

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 and Floor Plans

Facilities

Leisure

Communal Pool

Clubhouse

Communal Garden Area

Safety

24H Security

CCTV (Video Surveillance)

Parking & Lift

Parking Type : Conventional

Charging Stations on Site : No

Management

Payment Plan

Completed House

Installment Milestone Payment

Reservation Deposit

Immediately

฿20,000

1st Installment

Upon contract signing

฿100,000

2nd Installment

On handover

100%

Off Plan House

Installment Milestone Payment

Reservation Deposit

Immediately

฿20,000

Down Payment

Upon contract signing

฿100,000

2nd Installment

8 months installment

10%

2nd Installment

On handover

90%

Master Plan

About the Developer - SPACEANDCO CO., LTD.

All SPACEANDCO CO., LTD. Projects

2 Projects 117 Units

Frequently Asked Questions

All kind of pets are allowed at Monotown2 Suthep including dogs, cats, rabbits, hamsters, guinea pigs, birds, and reptiles.

The common area maintenance fee for properties at Monotown2 Suthep is a fixed amount of ฿2,000. This amount 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.

Chiang Mai International Airport is the nearest Airport from Monotown2 Suthep and it is 0.7 km away.

The building (the bricks and mortar) can be owned by a non-Thai national outright in their name in what is called the house registry which secures ownership indefinitely of the structure.

In Thailand, non-Thai nationals cannot own land outright in their name. Land can be controlled through either a Thai Company or a long-term registered lease. The longest registered lease term by Thai law is 30 years, and most developers will offer 3 terms for a total of 90 years.

After you have found the right property at Monotown2 Suthep you have to follow these steps:

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

Completed House

Installment Milestone Payment

Reservation Deposit

Immediately

฿20,000

1st Installment

Upon contract signing

฿100,000

2nd Installment

On handover

100%

Off Plan House

Installment Milestone Payment

Reservation Deposit

Immediately

฿20,000

Down Payment

Upon contract signing

฿100,000

2nd Installment

8 months installment

10%

2nd Installment

On handover

90%

A 30-year lease period is legally protected under Thai law and ownership cannot be disrupted. It is common for developers to offer an additional two terms of 30 contractually obligating a total of 90 years.

Prior to purchasing a leasehold property, it is important to secure a copy of the lease agreement or get further clarity on these three points.

- Who is the lessor? (an individual or a Thai Company) Securing a lease from a Thai Company offers much more security than a private individual.
- Do I have voting rights as a Lessee? (Some lease contracts do not allow lessee to have voting rights)
- Is there a succession clause in the lease agreement that will allow inheritance of the lease?

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.

Reviews

4.8 out of 5

Based on

1 Review

Maintenance

Staff / Security

Facilities on Site

Quality of Finishing

Value for Money

Location

Nice house with lovely design

Arisa R., Thailand, 4 years ago

The design of this house is my type. It is cozy and lovely because I am a big fan of Japanese culture. I had the opportunity to visit their showroom. It is fantastic. The townhouse has three bedrooms. It is a perfect size for my family. Most furniture is made of wood, is really strong, and looks minimal. The house is very well designed, and gets the sun and wind all through the day. Very satisfying! Excellent location, close to the city and numerous famous restaurants. Moreover, it takes less than 15 minutes to get to Chiang Mai International Airport. It is the best place. I do not know where there is a better place than here!!!

Chiang Mai

Suthep

Neighborhood Overview

Buy
฿1.3M - ฿140M
For Sale on FazWaz
382 properties
Rent
฿4.53K - ฿232K
For Rent on FazWaz
256 properties
To Centralplaza Chiangmai Airport
6.9 km / 12 minutes by driving
To Chiang Mai International Airport
1.7 km / 3 minutes by driving

Location and Neighborhood

Surrounding area

Monotown2 Suthep is located 1.7 km away from E-Trade International Company Limited and it can be reached within 4 mins by car.

There are many other shops situated in the area of Monotown2 Suthep, the 3 closest being:
- Krisana Paruay Lottery is 7.7 km away (an approx. drive of 15 mins.)
- King Power Chiang Mai Airport is 9.8 km away (an approx. drive of 20 mins.)
- Kids & Mom is 1.6 km away (an approx. drive of 4 mins.)

The surrounding area, where Monotown2 Suthep is situated, offers a wide variety of restaurants. See the closest of them below:
- Pra Nang Chiangmai Thai Cookery School is 150 m away (a walk of about 2 mins.)
- Phranang Kitchen is 160 m away (a walk of about 2 mins.)
- Mamala is 400 m away (a walk of about 5 mins.)

Mr. Pat Special Clinic is the nearest health facility, which is 1.4 km away (you can drive there in 3 mins.) from the project, while the closest schools in the proximity of Monotown2 Suthep are:
- The home of perfection is 990 m away (about 12 mins. by foot)
- Suu's Studio is 8.1 km away (an approx. drive of 16 mins.)
- Ban Huai Sai School is 1.2 km away (an approx. drive of 3 mins.)

Chiang Mai International Airport is located 1.8 km from Monotown2 Suthep and it takes about 4 mins. by car or taxi (depending on the traffic) to get there.