Frequently Broken Elevators in Older Chiang Mai Condos — A Problem That Affects Value More Than You'd Think

Frequently Broken Elevators in Older Chiang Mai Condos — A Problem That Affects Value More Than You'd Think

29 Jun 2026 135 ครั้ง

Frequently Broken Elevators in Older Chiang Mai Condos — A Problem That Affects Value More Than You'd Think

Older condos in Chiang Mai sometimes face frequent elevator breakdowns — a problem with consequences far beyond temporary inconvenience, affecting property value long-term.

Why Older Elevators Break Down More Often

Typical elevator lifespan is 15-20 years, after which components degrade and require more frequent, more expensive maintenance. Condos over 15 years old in Chiang Mai face increasing elevator risk.

Impact of Frequent Elevator Failures

1. Impact on upper-floor residents — elderly and mobility-impaired residents are most affected, potentially forcing relocation if unresolved
2. Impact on resale value — condos with elevator failure history sell harder and for 5-15% less than comparable trouble-free properties
3. Impact on rentability — elderly tenants and families with young children typically avoid condos with known elevator problems

Pre-Purchase Elevator Checklist

1. Ask about elevator age and maintenance history — request maintenance records from the juristic committee
2. Observe elevator sound and speed while in use — unusual noise or inconsistent speed may signal problems
3. Ask current residents about their elevator experience — they know best how often problems occur
4. Check elevator count relative to unit count — fewer elevators per unit means higher congestion risk
5. Check juristic committee reserve funds — new elevator replacement costs THB 1,500,000-3,000,000 per unit, requiring adequate reserves

What Juristic Committees Must Do

Preventive maintenance on schedule, not reactive repair only; advance planning for replacement before degradation becomes severe; transparent communication with residents about status and plans

Warning Signs to Avoid: Juristic committees without clear maintenance plans, recurring failures at the same point, or committees unwilling to disclose maintenance records when asked

MORE Value. MORE Trust. Always.
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Line: @morecm | www.morepropertycm.co.th
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