Following the success of the developer’s first project, Trams 1, which was winner of the prestigious ‘Best Condo Development – Chiang Mai’ award at the 2012 Thailand Property Awards, construction at the developer’s second project, Trams 2, is well underway and on target for handover in early 2015.
As was the case with Trams 1, Trams 2 is being built to the most rigorous qualities and is one of the few developments in the city to be built to ISO 14001 Environmental Management System. This ensures that the buildings are constructed to the highest standards and are highly energy efficient, leading to lower water and electric bills for all occupants.
The project consists of 430 apartments spread through three, eight-storey buildings which face into a beautifully-landscaped garden area in the centre of the project which include a variety of water features. The total area of the site is just over 2-rai. The project contains a very wide variety of facilities for its size, including a fully-equipped fitness centre, a room for yoga and other forms of physical activities, a music room containing a variety of instruments and also a meeting room for the use of residents. Most of the apartments in the project have beautiful views – either inwards-facing over the gardens, or outwards-facing towards the mountains or the city centre.
In terms of location, Trams 2 is located in the north of Chiang Mai, close to one of the major highways ringing the city. This makes it easy for those living here to quickly access other areas. Nimahemin and Maya are just three minutes from here, with the Central Festival Shopping Mall and Chiang Mai University both just eight minutes from here. Chiang Mai International Airport is 15 minutes from here. One of the major hospitals in the area – Lanna Hospital – is just two minutes’ away.
Prices on the project are all very reasonable, which will give investors excellent capital gains and/or impressive rental returns. With the project rapidly approaching completion, now is an excellent time to buy here as finished projects always attract a price supplement over off-plan units.
|Studio – Min||29.7||1,484,582||Closing Costs||2.5%|
|Studio – Max||29.7||1,812,892||Payment Plan|
|One-Bed – Min||33.7||1,681,229||Reservation Fee||THB 20,000|
|One-Bed – Max||34.5||2,523,125||Deposit Payment||15%|