Build on 532 Sq Wah, 290 Metres from Maya Mall in Nimman
Maya mall is about 290 metres from the plot, a one-minute drive. A single 2,128 sqm site is a different scale from the small parcels that make up much of central Nimman.
Is 135 million THB a fair price for 532 sq wah in Nimman?
The asking price works out to about 253,759 THB per sq wah, or roughly 63,440 THB per sqm of land, and the seller describes it as negotiable. We have not found a sourced 2026 average for Nimman land, so we are not claiming the price sits above or below the market; the Treasury Department appraisal for the parcel is the figure to anchor an offer against.
How close is this plot to Maya mall and Chiang Mai University?
Google Maps puts Maya mall about 290 metres from the plot, a one-minute drive, and Chiang Mai University about 1.3 km away, roughly 7 minutes by car. In our experience, that keeps cafes, shopping and campus life within minutes of the site, which matters for any hotel, apartment or mixed-use plan. The wider area is covered in our Nimman buying guide, and more sites are listed under Mueang Chiang Mai and land for sale in Chiang Mai.
Can a foreign buyer purchase this land?
Foreign buyers generally cannot hold land in their own name in Thailand. The usual routes are a registered long-term lease or a properly structured Thai company, and authorities have been scrutinising nominee structures closely in 2026, so take legal advice first. Our guides on foreign property ownership and the nominee company crackdown explain the options.
Goen notes: “At 290 metres from Maya mall, this is about as central as Nimman land gets, which is exactly why I want the title, zoning and height rule confirmed in writing before anyone talks about the price.”
Before you price a build on this plot, ask for the title deed copy and the municipal building-height confirmation in writing. The 24-metre figure comes from the seller, and height limits are set by zoning and local rules, not by the seller. Check both before paying any deposit.
| Category | Detail |
|---|---|
| Listing Price | 135,000,000 THB (about 253,759 THB per sq wah; about 63,440 THB per sqm of land) (calculated on land area; no sourced 2026 Nimman land average, so no market comparison is made) |
| Investment Alpha | Bare land earns no rent; return depends on the development you build (no yield figure is stated by the seller) |
| Contextual Logistics | Maya mall — 290 m, 1 min; Chiang Mai University — 1.3 km, 7 min; Central Festival — 6.9 km, 11 min; Tha Phae Gate — 4.2 km, 13 min (Google Maps driving directions from the listing pin; approximate) |
| Ownership Status | Title deed type not stated in the seller details — confirm before any deposit. Foreign buyers cannot own land directly; the standard transfer fee is 2%, and bare land does not qualify for the reduced 0.01% rate. (per Thai Land Department transfer fee rules; Treasury Department appraisal values apply to the parcel) |
| Zoning / License | Seller states a 24 m height allowance and access from Sukkasem Road and Nimman Soi 6; not independently verified. (confirm with the municipality and the Land Office) |
People Also Asked
What can be built on this Nimman plot?
The seller says buildings up to 24 metres are permitted, which is the figure we were given rather than one we have verified. Zoning and height rules sit with the municipality, so ask for written confirmation before you commission a design.
Is the existing corner building included?
The seller describes a corner commercial building on the plot that can be demolished to widen access. We have not seen its condition or any lease on it, so ask whether it is vacant and free of tenants before you plan around it.
Does the plot have more than one road access?
The seller lists access from Sukkasem Road and Nimman Soi 6 as well as Huay Kaew Nimman Road. Confirm that each access is on the title or covered by a registered easement before you rely on it.
Ready to Look at the Nimman Plot?
A 532 sq wah plot 290 metres from Maya mall suits a developer or investor with a clear project in mind and a lawyer ready to check title and zoning.
Contact Goen at Chiangmai Properties on +66 64 338 9597 to arrange a site visit.
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