Nimman / Santitham · Old City (Mueang Chiang Mai) condo market
Nimman / Santitham · Old City · Mueang Chiang Mai district, Chiang Mai · data from November 2026
Supply read: Balanced (score +1.4 on a −10 to +10 scale)
- Median asking price
- ฿62,198
- per m²
- Median rent
- ฿15,000
- per month
- Gross yield
- 6.5%
- same-size units
- Listed for sale / rent
- 2,200 / 1,600
- condos
New supply pipeline
16 condo projects
16 planned
- ASTRA Chang Klan 3Planned · EIA approved Feb 2026
- HyparcPlanned · EIA approved Dec 2025
- The base Height Chiangmai Phase 2Planned · EIA approved Jul 2025
- วันพลัส ไพร์ม ห้วยแก้วPlanned · EIA approved Feb 2024
- BARCELONA CONDOMINIUMPlanned · EIA approved Jan 2024
- โครงการบ้านคนไทยประชารัฐ จังหวัดเชียงใหม่Planned · EIA approved Jun 2023
- การเปลี่ยนแปลงรายละเอียด โครงการ LE MERIDIEN CHIANG MAIPlanned · EIA approved Dec 2022
- การเปลี่ยนแปลงรายละเอียดในรายงานการประเมินผลกระทบสิ่งแวดล้อม โครงการ บูทิค เชียงใหม่ นิมมาน ทูPlanned · EIA approved Jun 2022
- โครงการ LE CHAMONIXPlanned · EIA approved May 2022
- โครงการ Treasure PrimePlanned · EIA approved Apr 2022
- Arise Business ParkPlanned
- พัฒนาที่อยู่อาศัยรอบพื้นที่สถานีรถไฟที่มีศักยภาพ (โครงการเชียงใหม่)Planned
- Supalai Tyme Chiang MaiPlanned
- Hyparc SomersetPlanned
- HAUS CNX (เฮาส์ ซี เอ็น เอ็กซ์)Planned
- เดอะ กรีน ซิตตี้Planned
New supply: projects from Thailand's environmental approval (EIA) register. Buildings under 80 units or 23 m need no EIA, so this is a lower bound; unit counts are shown only where published.
Questions buyers and renters ask
How much does a condo cost in Nimman / Santitham · Old City (Mueang Chiang Mai)?
The median asking price for a condo in Nimman / Santitham · Old City (Mueang Chiang Mai) is ฿62,198 per square metre (asking prices, November 2026). Half of the listings ask between ฿49,361 and ฿79,142 per m². The median listing asks ฿2,950,000.
How much is condo rent in Nimman / Santitham · Old City (Mueang Chiang Mai)?
The median asking rent for a condo in Nimman / Santitham · Old City (Mueang Chiang Mai) is ฿15,000 per month (asking prices, November 2026). Half of the listings ask between ฿12,000 and ฿20,125 a month.
What rental yield can I expect in Nimman / Santitham · Old City (Mueang Chiang Mai)?
The gross rental yield in Nimman / Santitham · Old City (Mueang Chiang Mai) is about 6.5%, comparing asking rents with asking prices for units of the same size. Net yield after vacancy, fees and tax is lower.
Is Nimman / Santitham · Old City (Mueang Chiang Mai) oversupplied?
About 2,200 condos are listed for sale and 1,600 for rent in Nimman / Santitham · Old City (Mueang Chiang Mai), a sale-to-rent ratio of 1.40. That is close to the Chiang Mai average (1.39). Our overall read for the area: balanced.
Are new condos being built in Nimman / Santitham · Old City (Mueang Chiang Mai)?
Yes – 16 condo projects are in the pipeline in Nimman / Santitham · Old City (Mueang Chiang Mai): 16 planned with EIA approval in the last five years, according to Thailand's environmental approval register. New supply competes with existing listings for buyers and tenants. Buildings under 80 units need no EIA, so the real number can be higher.
The numbers in full
| Median asking price per m² | ฿62,198 |
|---|---|
| Middle half of asking prices per m² | ฿49,361 – ฿79,142 |
| Median listing price | ฿2,950,000 |
| Median monthly rent | ฿15,000 |
| Middle half of monthly rents | ฿12,000 – ฿20,125 |
| Median rent per m² | ฿369 |
| Gross rental yield (same-size units) | 6.5% |
| Condos listed for sale | 2,200 |
| Condos listed for rent | 1,600 |
| Sale-to-rent ratio | 1.40 |
| Price sample (listings) | 59 |
| Rent sample (listings) | 60 |
Asking figures from public listings, collected 2026-11-01. They are not achieved transaction prices. How we measure.
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