The real estate market in Chiang Mai has become a focal point, driven by the city's continuous growth potential in terms of economy, tourism, and quality of life. This has led developers to increase their investment focus on new projects in Chiang Mai, as both Thai and foreign customers show a consistent rise in demand.

Ms. Somsakul Limsoothapan, Deputy Managing Director of Business Development and Asset Management at Plus Property Co., Ltd., stated, “Chiang Mai is a province with the potential to attract investors and residents due to various factors. Chiang Mai is recognized globally as a livable city with excellent quality of life, thanks to its natural environment, pleasant climate, and comprehensive amenities, including hospitals, shopping centers, and international schools, which rank second in Thailand after Bangkok. The growth rate of the tourism sector has seen a continuous increase in the number of both Thai and foreign tourists visiting Chiang Mai, particularly among long-term tourists interested in purchasing real estate for residence. Coupled with the growth trends in Chiang Mai from mega-project plans, including Chiang Mai Airport Phase 2, which will accommodate 24 million passengers per year, increasing flights to 41 per hour, and the high-speed train project connecting Bangkok to Chiang Mai, which is a crucial strategic route for tourism and logistics for transporting goods to Laos and through to China. This will further connect Chiang Mai to the region and the world. Additionally, the population of Chiang Mai has been steadily growing, with numbers reaching 1.79 million in 2021-2023, ranking fourth in the country, along with an increase in the number of foreigners working in high-skilled positions or retiring, creating a growing expatriate community that has led to an increased demand for housing in both the short and long term.”

As a result, this year, Plus Property Sole Agent is moving forward to expand its portfolio in Chiang Mai, managing the sales of a single-house project valued at over 1.4 billion baht. The project is located in a prime area on Chotana Road in the heart of Chiang Mai, a community with complete amenities, including hospitals, schools, golf courses, airports, and Central Chiang Mai, just 15 minutes from Nimmanhaemin. This project is expected to meet the demands of customers in Chiang Mai, both Thai and foreign, by highlighting the project's quality, distinctive design, and functions that cater to residents, along with after-sales service for all customer groups. The project is set to open for viewing in mid-next year. Plus Property also offers One Stop Service for property management in Chiang Mai, ensuring a good living experience for residents, guaranteed by the award for Best Property Management, the first in Thailand, from the Living Insider Awards 2024, along with the Plus Concierge Service, a special service that curates services based on the actual needs of residents, such as cleaning, air conditioning maintenance, and repair work, by selecting quality service providers at reasonable prices that are easy to use, allowing residents to book services themselves.

Plus Property is confident that this project will attract interest from customers in Chiang Mai and contribute to creating a quality community in the city. Those interested can follow more details and register to receive updates about the project at www.plus.co.th.