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  1. RealData
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  4. /The New Concept 123
LINEWA
The New Concept 123
RealData · Condo Report Card

The New Concept 123

hang-dong
Price vs district
C
no pricing data yet
Transit
F
no transit data
Infrastructure
F
🏥 0 · 🏫 2 · 🛒 0
Flood risk
C
unknown
Latest listing
฿49K · 39 m² · ฿1,247/m²
passionaryestate.com
powered by data,
not influencers
Mobile: opens share sheet (pick Instagram). Desktop: downloads PNG.

Considering The New Concept 123? Get an expert opinion.

We pair you with a vetted broker who knows the building, the sub-market, and the foreign-quota status. We don’t take commissions from developers; the broker pays us a flat referral.

Building facts

Floors
4
Total units
216
Completed
2019
Available now
6
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

Listing activity

Active listings
9
Median days listed
124 days
Longest listed
124 days

Resale liquidity

can I sell this again?
36/100
Moderate
Absorption
0%
of supply cleared
Time to sell
—
median, when sold
Based on
6
listings tracked

We compute this from how much of this building's for-sale supply actually clears the market and how fast — tracking every listing from the day it appears to the day it disappears. A higher score means units here tend to find buyers; a low score warns that your exit could be slow. This is an availability signal, not a guarantee of sale price. Sample is still small, so treat this as an early read.

Retiree suitability

good place to retire?
27/100
Less suited to retirees
Healthcare
0 hospitals/clinics within 1km
Air quality
AQI 61
Transit
no station nearby
Daily errands
0 supermarkets within 1km

A retirement-focused read on the location: weighted toward nearby healthcare and clean air, then car-free transit and daily errands. Thailand's retirement (O-A/O-X) visa buyers weigh these very differently from young investors — this score reflects their priorities.

Market signals (hipflat-published)

Sale · median
USD 83,707
USD 1,997/sqm
▲ 1.2% YoY
Rent · median
USD 534/mo
USD 12/sqm
▼ 0.6% YoY

Rental yield

n=7 sale / 2 rent
Gross yield
8.63%
annualized · before tax & vacancy
Avg sale price
฿1.44M
Avg monthly rent
฿10,336
vs. mortgage (MRR 7.10%)+1.53ppyield exceeds the cost of mortgage money

MRR (Minimum Retail Rate) is Thailand's benchmark mortgage rate, published by Bank of Thailand. We use the most recent month's mean of MRR Min and Max (2025-07).

Air quality

3 months ago
61
AQI
Moderate
PM2.5 61.0 μg/m³

Source: WAQI station Chiang Mai. AQI is a 0–500 composite scale (US EPA). Values above 100 are unhealthy for sensitive groups; above 150 for everyone.

Price trend · 13 months

USD 83,707
▼ 4.7% (vs Jul '25)
79,44482,42085,39788,37391,349Jul '25Feb '26Aug '26

Available units (9)

Price/sqmBdBaSizeFloorPublisher
USD 30,3938001138 m²4FazWaz Premium
USD 39,4811,0671137 m²2FazWaz Premium
USD 39,4811,0671137 m²2FazWaz Premium
USD 42,2471,112—138 m²2FazWaz Premium
USD 48,6291,2471139 m²3FazWaz Premium
USD 106,0731,5152270 m²14J Premium Homes
USD 106,0731,5152—70 m²14J Premium Homes
Click row to open the publisher listing on hipflat. Sorted by price/sqm asc.

Facilities

  • Parking
  • Security
  • Swimming pool

Parking & Lifts

Charging stations on site
no

Projects nearby (10)

  • The Sanctum Chiang Mai
    RealData report
  • Suksamran in Nature
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  • Grand Tropicana
    RealData report
  • Moo Baan Sansaran
    RealData report
  • Sansaran 4 The Bella
    RealData report
  • Sansaran North View
    RealData report
  • Sansaran 2 Modchic
    RealData report
  • Sansaran 2 Mochic
    RealData report
  • The New Concept Office Plus
    RealData report
  • Mod Chic
    RealData report

Considering The New Concept 123? Get an expert opinion.

We pair you with a vetted broker who knows the building, the sub-market, and the foreign-quota status. We don’t take commissions from developers; the broker pays us a flat referral.

Travel partner

Planning to inspect The New Concept 123 in person? Book a hotel + flight in one search — Hang Dong stays are usually cheaper than the condo's own short-let pricing.

Find a hotel near this building →

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LINEWA
Nearby & metrics
  • More condos in Hang Dong
  • What is the Bubble Index?
  • What is gross yield?
  • What is the Resale Liquidity Score?
  • Is it good for retirees?
  • How we score flood risk
  • Is the ground sinking?
  • What is a developer track record?

Frequently asked questions

What is the gross rental yield at The New Concept 123?▾

Gross rental yield at The New Concept 123 is 8.63%, computed as (12 × median monthly rent) ÷ median sale price across our active listings. Versus the current Thai MRR of 7.10%, that is a +1.53pp spread. This is a pre-tax, pre-vacancy figure — net yield is typically 1.5–3pp lower.

How is the air quality at The New Concept 123?▾

Latest WAQI air quality reading near The New Concept 123 is 61 — Moderate. This is the index value from the closest World Air Quality Index station; PM2.5 levels in Bangkok swing seasonally and can spike during burn season (Feb–April).

Is The New Concept 123 easy to resell?▾

The New Concept 123 has a RealData Resale Liquidity Score of 36/100 — moderate — expect a normal marketing period. 0% of the for-sale supply we tracked here cleared the market. We compute this by tracking every listing from the day it appears to the day it leaves the market, so it reflects how much supply actually clears and how fast — not just the asking price. It is an availability signal, not a guarantee of sale price.

Is The New Concept 123 a good place to retire?▾

The New Concept 123 scores 27/100 on RealData's Retiree Suitability Score — less suited for a retirement-visa buyer. There are 0 hospital/clinics within 1km, and the latest air quality reads 61 AQI. The score weights nearby healthcare and clean air most heavily, then car-free transit access and daily errands — the priorities that matter to retirees rather than young investors.

How does RealData verify the numbers on this page?▾

Every figure is computed from live listing data we re-crawl across hipflat, dotproperty, ddproperty, and fazwaz (daily for Bangkok, weekly for the full Thailand sweep). District medians come from the same dataset, the mortgage benchmark is Bank of Thailand BTWS_STAT, and flood / livability layers are pinned to government and OpenStreetMap sources. We accept no payment from developers and no building can buy its way up a ranking — advertising on this page is sold by a third-party network that never sees the data.

Source: https://www.hipflat.co.th/en/projects/the-new-concept-123-ebprya