Studio Condo for sale at The New Concept 123

(1 Review)
San Phak Wan, Hang Dong,Chiang Mai
Unit ID: U6688412
8% GUAR. RETURN FOR 20 YEARS
Studio Bedroom
1 Bathroom
38 SqM Size
2 Floor
Jan 2019 Completed

About This Condo

This property is a 38 SqM studio condo with 1 bathroom that is available for sale. It is part of the The New Concept 123 project in San Phak Wan, Chiang Mai and was completed in Jan 2019. You can buy this condo for a base price of ฿1,390,000 (฿36,579/SqM).

🏡 The New Concept Condo for Sale

Looking for a cozy home that’s fully furnished and ready to move in? ✨ This charming 38 sq.m. unit offers a practical layout, comfortable living space, and everything you need to settle in effortlessly.

📍 Building 3, 2nd Floor

📐 38 sq.m.

💎 Convenient unit near the stairs

🛋️ Fully furnished + electrical appliances included

💰 Selling Price: THB 1.39M

A great choice for anyone looking for a comfortable home, a weekend getaway, or an investment property. With furniture and appliances already included, you can simply bring your suitcase and start enjoying your new space. 🗝️✨

Basic Information

Date Listed Aug 18, 2026
Updated 1 week ago
Property Type Condo
Floor 2
Bedroom Studio
Size 38 SqM
Price per SqM ฿36,579
Pets Not Allowed
Condo Ownership

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%.

Foreign Quota, 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) N/A
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.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U6688412

Investment Opportunity: Charges & Yield

Sale Price
฿1,390,000
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.
13
Guaranteed Rental Return
8%
Guarantee Duration
20 Years

Project Details

Project Name: The New Concept 123
Developer: N/A
Construction: Completed (Jan 2019)
Floors: 4
Buildings: N/A
Units: 216
Project Area: 14,332 SqM
Nearest Landmark: Chiang Mai International Airport - 5 Km
Location: San Phak Wan, Chiang Mai
The New Concept 123 Project Details

Project Features

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

Available Units at The New Concept 123

Loan Calculator

Frequently Asked Questions

No pets are allowed at The New Concept 123 unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
Chiang Mai International Airport is the nearest Airport from The New Concept 123 and it is 5 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 at The New Concept 123 you have to follow these steps:

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


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

5 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
New project and very modern
Leo Park, South Korea, 5 years ago
A new project is designed very modernly and beautifully. The house's design is unique and suitable for my wife and me to have a lovely family. There are various facilities in the common area such as a swimming pool, car park, and relaxing poolside area. There are both Thai and foreigners living here.
Chiang Mai
San Phak Wan

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The New Concept 123

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
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
105
Sales Prices
฿6.89M
Monthly Rentals
฿25K
Year Built
Jan 2022
Completion Status
Completed
Project Name
Mu Ban Pho Thong
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
N/A
Sales Prices
฿1.4M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Location
Nong Khwai, Hang Dong, Chiang Mai
Number of units
60
Sales Prices
฿14.1M - ฿37M
▼ -1% underpriced
Monthly Rentals
฿30K - ฿100K
Year Built
Jan 2010
Completion Status
Completed
Project Name
Mooban Wangtan
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
N/A
Sales Prices
฿4M - ฿46.8M
Monthly Rentals
฿22K - ฿130K
Year Built
Oct 2023
Completion Status
Completed
Project Name
The Palm Garden 5
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
171
Sales Prices
฿2.4M
Monthly Rentals
฿15K - ฿19.5K
Year Built
Dec 2018
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
131
Sales Prices
฿2.9M
Monthly Rentals
฿12.5K
Year Built
N/A
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
35
Sales Prices
฿2.99M - ฿3.8M
Monthly Rentals
฿15K - ฿18K
Year Built
Dec 2010
Completion Status
Completed
Project Name
Thera Thamm
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
49
Sales Prices
฿7.99M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Off Plan
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
N/A
Sales Prices
฿1.5M - ฿1.9M
Monthly Rentals
฿9.5K - ฿10K
Year Built
N/A
Completion Status
Completed
Location
San Phak Wan, Hang Dong, Chiang Mai
Number of units
374
Sales Prices
฿2.95M - ฿4.95M
Monthly Rentals
฿19K - ฿25K
Year Built
Feb 2014
Completion Status
Completed
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