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Overview of The New Concept 123 in Hang Dong, Chiang Mai

The New Concept 123 is a condo project, located at Thenewconcept 123, Muthi 4, San Phak Wan, Hang Dong, Chiang Mai, 50230 Thailand. Construction of The New Concept 123 was completed in Jan 2019. Condo comprises of 4 floors and 10 units.

Details and highlights The New Concept 123
The New Concept 123 is a condo and apartment project located in San Phak Wan, Chiang Mai and was completed in Jan 2019. It has 216 units across 4 floors
Available Units

The New Concept 123 for sale: 7 available units from S$ 38,268 to S$ 61,229.
The New Concept 123 for rent: 4 available units from S$ 306 to S$ 382 per month.

Facilities

Facilities at The New Concept 123 include parking, security and swimming pool.

Market stats

The average sale price at The New Concept 123 is S$ 1,339 per sqm.
This is 6.5 % downtrend current average sale price in Hang Dong (S$ 1,433 per sqm) and 45.3 % downtrend the average price in Chiang Mai (S$ 2,451 per sqm).
sales prices at The New Concept 123 are 4.0 % downtrend past year average price.

The average rent price at The New Concept 123 is S$ 8 per sqm.
This is 12.7 % downtrend current average rent price in Hang Dong (S$ 9 per sqm) and 40.5 % downtrend the average price in Chiang Mai (S$ 14 per sqm).
rental prices at The New Concept 123 are 14.5 % uptrend past year average price.

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Available units at The New Concept 123
Features
  • Parking
  • Security
  • Swimming pool
Parking and Lifts
  • Charging stations on site: no
Management
  • Pets: Not allowed
Previous Sales at The New Concept 123
Sold Date Sold Price Price/Sqm Bedrooms Bathrooms Size Floor Furnished View Ownership
25/07/2025 ฿ 1,300,000 ฿ 35,135/m² 1 1 37 m² 3 Fully Furnished City View Thai Quota

Market insights

For sale S$ 57,368 S$ 1,434/sqm -25.4 % Evolution compared to October 2025 34 Condos for sale in Hang Dong, Chiang Mai
The average price for sale of condos in Hang Dong is S$ 57,367. Compare to a year ago (October 2025) this represents a fall of -25.4 % and a fall of -29.2 % since the beginning of the year (January 2026). The average price per square meter for sale in Hang Dong is S$ 1,433/sqm, 41.5 % lower than the Chiang Mai median of S$ 2,451/sqm. The average price in Hang Dong for condos for sale with 1 bedroom is S$ 60,904.
For rent S$ 384 S$ 10/sqm +14.3 % Evolution compared to October 2025 29 Condos for rent in Hang Dong, Chiang Mai
The average price for rent of condos in Hang Dong is S$ 383. Compare to a year ago (October 2025) this represents a rise of +14.3 % and a rise of +11.0 % since the beginning of the year (January 2026). The average price per square meter for rent in Hang Dong is S$ 9/sqm, 31.8 % lower than the Chiang Mai median of S$ 14/sqm. The average price in Hang Dong for condos for rent with 1 bedroom is S$ 418.
Frequently Asked Questions
Frequently Asked Questions
  • The New Concept 123 has 7 units for sale starting from S$ 38,268 up to S$ 61,229.
  • The New Concept 123 has 4 units for rent starting from S$ 306 / month up to S$ 382 / month.
Location
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