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Punna Residence 5 –
Punna Residence 5 is a premium 8-storey low-rise condominium in one of Chiang Mai’s most desirable locations, just 500 meters from the front gate of Chiang Mai University. This prime location allows convenient walking access to the university while also placing you close to Maya Lifestyle Shopping Center and Nimmanhaemin Road.
This property offers excellent common facilities, including a fitness center, swimming pool, and 24-hour security, making it an ideal choice for both residence and investment.
Unit Details:
Unit 416 | 4th Floor
64.22 sq.m.
2 Bedrooms | 2 Bathrooms
Private Balcony with Pool View
This spacious unit is beautifully renovated in a modern homey style with warm, elegant tones. Fully furnished with complete built-in furniture and electrical appliances, it is move-in ready.
Special Price: 3.9 Million THB
Free transfer fee
Foreign quota available
Renovation completion scheduled for 15 June 2026
Key Features:
Foreign nationals can own condominium units as freehold owners in buildings where no 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 it is currently below 49%.

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 at Punna Residence 5 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.