The New Concept 123
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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
Listing activity
- Active listings
- 12
- Median days listed
- 50 days
- Longest listed
- 169 days
Resale liquidity
can I sell this again?- Absorption
- 0%
- of supply cleared
- Time to sell
- —
- median, when sold
- Based on
- 9
- 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.
Retiree suitability
good place to retire?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)
Rental yield
n=9 sale / 3 rentMRR (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
5 months agoSource: 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
Available units (14)
| Price | /sqm | Bd | Ba | Size | Floor | Publisher |
|---|---|---|---|---|---|---|
| USD 29,730 | 782 | 1 | 1 | 38 m² | 4 | FazWaz Premium |
| USD 38,619 | 1,044 | 1 | 1 | 37 m² | 2 | FazWaz Premium |
| USD 38,619 | 1,044 | 1 | 1 | 37 m² | 2 | FazWaz Premium |
| USD 38,619 | 1,044 | 1 | 1 | 37 m² | 2 | Kai Baan Thai |
| USD 38,619 | 1,044 | 1 | 1 | 37 m² | 2 | FazWaz Chiang Mai |
| USD 41,325 | 1,088 | — | 1 | 38 m² | 2 | FazWaz Premium |
| USD 41,325 | 1,088 | — | 1 | 38 m² | 2 | FazWaz Chiang Mai |
| USD 47,568 | 1,220 | 1 | 1 | 39 m² | 3 | FazWaz Premium |
| USD 47,568 | 1,220 | 1 | 1 | 39 m² | 3 | Kai Baan Thai |
| USD 106,073 | 1,515 | 2 | — | 70 m² | 14 | J Premium Homes |
| USD 106,073 | 1,515 | 2 | 2 | 70 m² | 14 | J Premium Homes |
Facilities
- Parking
- Security
- Swimming pool
Parking & Lifts
- Charging stations on site
- no
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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.
- More condos in Hang Dong
- Rental yield in Chiang Mai: 7.0% median across 22 condos
- What condos cost to run in Chiang Mai: ฿1,425/month median CAM fee
- Hang Dong, Chiang Mai vs San Kamphaeng, Chiang Mai: prices, yields and flood risk compared
- 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 9.23%, computed as (12 × median monthly rent) ÷ median sale price across our active listings. Versus the current Thai MRR of 7.10%, that is a +2.13pp 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 28/100 — slow — your exit could take a while. 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.