‘Chiang Mai’ <\/strong><\/span>is a city that everyone falls in love with, whether they are locals or those looking to move here. The reasons are clear: it offers a perfect blend of convenience, proximity to nature, a variety of attractions, affordable and delicious food, and numerous housing projects to choose from.<\/p>

For those seeking a home in the city of Chiang Mai, Anasiri Payap is a new project by Sansiri that should not be overlooked. This project features single-family homes and duplexes in a location close to the city, major roads, and Chiang Mai's economic district, ensuring comfort and convenience in all aspects.<\/p>

Exploring Chiang Mai's Economic District<\/span><\/h2>

In addition to being a top tourist destination in the country, ‘Chiang Mai’ is also a significant economic hub in the northern region. However, few people know where the Central Business District (CBD) of Chiang Mai is located.<\/p>

An article titled Where is Chiang Mai's Economic District: The Urbanis by UDDC<\/strong><\/span><\/a> utilized spatial analysis<\/strong> to identify the economic districts of Chiang Mai. It revealed that there are actually several economic zones within the city, all easily accessible from the location of Anasiri Payap. This project can be seen as a residential area close to the city, making it easy to access all urban districts, almost like a condo location. The three types of economic districts include:<\/p>

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How Distinct is the Payap Location in Chiang Mai?<\/span><\/h2>

Focusing on the Payap area where the project is located, it is evident that while it may not be in one of the six main economic districts, it stands out for its amenities. This zone features major shopping centers, hospitals, and international schools, making it a well-equipped area.<\/p>

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  • Access from Three Directions, Connecting to Major Roads<\/span> - The area allows for multiple access points, connecting to important roads in Chiang Mai, facilitating easy travel to the city center via Super Highway, Ring Road 2, and Chiang Mai-Doi Saket Road.<\/li>
  • Diverse Shopping and Lifestyle Options<\/span> - The Payap zone has several shopping centers, department stores, and markets, including Central Festival Chiang Mai, Decathlon, Big C Extra, Index Living Mall, and Makro.<\/li>
  • Proximity to Major Educational Institutions<\/span> - The Payap area is home to several renowned educational institutions, including St Andrew’s Anglican School, Vachirawit Chiang Mai School, Prince Royal's College, Dara Academy, UCIS, and Payap University.<\/li>

Who is Anasiri Payap Suitable For?<\/span><\/h2>

Overall, the Payap area is particularly appealing to new families with 2-4 members who work and live in Chiang Mai, as it allows easy access to job opportunities and several prestigious schools. It is also ideal for business owners operating in BizPark, as they can walk from home to work.<\/p>

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Additionally, the Payap area is attractive to over 4,200 medical professionals working in more than six major hospitals located near the Super Highway, including Bangkok Chiang Mai Hospital, McCormick Hospital, Theppanya Hospital, Lanna Hospital, Chiang Mai Ram Hospital, and Maharaj Hospital. It is also appealing to the expatriate community, including over 15,800 Expats and Nomads who seek convenient living near the city. Furthermore, the project is located within walking distance of the new American consulate, making it a desirable residence for this group.<\/p>

Exploring the Chiang Mai-Payap Housing Project<\/span><\/h2>

Currently, there are six housing projects for sale in the Chiang Mai-Payap zone, located along Ring Road 2 and the outer ring road. These projects offer both single-family homes and duplexes, with prices ranging from 3.5 million to 17 million baht. The latest project in the heart of Payap, Anasiri Payap, is a housing project in a condo-like location within the Muang district. It is the closest project to the city, providing the most convenient access to lifestyle amenities. Prices range from 6 to 13 million baht*, with land sizes from 37.8 to 74 square wah and usable areas from 145 to 235 square meters, featuring 4 bedrooms, 3-4 bathrooms, and 2-3 parking spaces, along with common areas and living innovations that meet Sansiri's standards.<\/p>

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Why is Buying a Home in Payap Beneficial?<\/span><\/h2>

Anasiri Payap is the only new housing project in a condo-like location, catering to those looking for a comfortable and well-equipped home. The project's highlight is its location, which is conveniently accessible, just 400 meters from the main road, allowing for multiple access routes from major roads such as the Chiang Mai-Lampang Super Highway, the entrance road to Payap University (Ring Road 2), or Chiang Mai-Doi Saket Road, and reaching lifestyle areas within 10 minutes.<\/p>

Given that Payap is a conveniently located urban area with several large educational institutions and abundant lifestyle options, it has seen a surge in condo developments. This area is in demand from students, medical professionals, and expatriates working in Chiang Mai. Currently, condos and homes in this area yield approximately 4% - 7% rental yield per year, which is quite a favorable figure.<\/p>

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The Investment Market for Single-Family Homes in Payap<\/span><\/h2>

The overall investment in Payap homes depends on the project's location, the size of the usable area, and the condition of the house. For rental investments, an average return of 4% - 7% per year can be achieved. The rental price for single-family or duplex homes sized 100-160 square meters is approximately 12,000 - 20,000 baht per month, while homes sized 160-200 square meters rent for 20,000 - 35,000 baht per month, and those sized 200 square meters rent for 30,000 - 50,000 baht per month. For the resale market, the prices for second-hand homes range from 3.5 to 18 million baht for properties sized 50 - 400 square wah and usable areas of 130 - 670 square meters, with an average cap gain of approximately 3% - 5% per year.

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As mentioned earlier, Anasiri Payap is located in a prime area close to the city, making it a housing project in a condo-like location that provides convenient access to lifestyle amenities. The project meets the needs of residents, making it suitable for investment. The rental price can reach 35,000 - 50,000 baht per month, yielding 5% - 7% rental yield per year, which is comparable to condo rental rates in the Payap area. In the rental market for houses, it is expected to yield better returns and rental rates than condos and typical housing projects, thanks to the advantageous location of Anasiri Payap and its new housing project equipped with comprehensive amenities according to Sansiri's standards.

Anasiri Payap: The Home of Perfect Balance<\/span><\/h2>

Anasiri Payap is a new project of single-family and duplex homes from Sansiri in the Payap area of Chiang Mai, based on the concept of FEEL JUST RIGHT: The Perfect Balance, designed to accommodate larger functions with a new design called MODERN BARN HOUSE, which looks modern and warm. It is located on Super Highway, Soi 5, close to various amenities.

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The project allows access from three directions, connecting to major roads in Chiang Mai, including the Super Highway, Chiang Mai-Doi Saket Road, and Ring Road 2, which residents know provides great convenience. It also features DUST FREE HOUSE technology with a Clean Fresh Air system that filters air and kills germs in five steps, preventing dust smaller than 2.5 microns (PM 2.5) and reducing allergens, musty odors, and germs inside the house, helping to increase oxygen levels and alleviate breathing issues. Additionally, it has a LIV-24 security system that monitors safety and unusual events in real-time, 24 hours a day, ensuring a superior quality of life for families, which is a standout feature of Anasiri Payap compared to other nearby housing projects.

Exploring Three Home Designs from Anasiri Payap

Every home in the Anasiri Payap project is designed with large functions, featuring a multipurpose room on the ground floor to accommodate families with elderly members and flexible usage for modern work needs. There are three house designs available:

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  • GLEN is a two-story duplex with a standard land size of 37.8 square wah and a usable area of 145 square meters, featuring 4 bedrooms, 3 bathrooms, and 2 indoor parking spaces. It stands out for its functional layout that separates public, private, and service areas. Prices start at 6.89 million baht*.
  • DALE is a two-story single-family home with a standard land size of 52 square wah and a usable area of 156 square meters, featuring 4 bedrooms, 4 bathrooms, and 2 indoor parking spaces. The ground floor has an open-plan layout, creating a spacious connection between different zones in the house. Prices start at 8.99 million baht*.
  • LARK is a two-story single-family home with a standard land size of 60 square wah and a usable area of 235 square meters, featuring 4 bedrooms, 4 bathrooms, and 3 indoor parking spaces. This large house is well-designed with high ceilings up to 5.6 meters for better air circulation, spacious living and dining areas that can be flexibly adjusted, a large kitchen, and all second-floor bedrooms come with en-suite bathrooms. Prices start at 10.9 million baht*.

It is not often that we see housing projects in condo-like locations, close to the city, job opportunities, and all the amenities of Chiang Mai, priced between 6-13 million baht*. For more information about the Anasiri Payap project, please visit https://siri.ly/HGFZraC.

References: Where is Chiang Mai's Economic District: The Urbanis by UDDC