Chiang Mai Real Estate and E-Commerce Logistics — Warehouses and Storage Properties Attracting New Interest
The growth of E-Commerce in northern Thailand is creating new Demand for property types that general investors rarely consider.
Why E-Commerce Is Creating Warehouse Demand in Chiang Mai
Growing online sellers: Significant increase in online sellers through Shopee, Lazada, TikTok Shop — these sellers need mid-sized storage space
Last-Mile Delivery Operators: Logistics and Last-Mile companies need Sorting Hubs and Warehouses near Chiang Mai
Food and agricultural product businesses: Chiang Mai's renowned agricultural products and food — online exporters need temperature-controlled warehouses
Types of Logistics Properties in Demand
1. Small-Medium Warehouse (100-500 sqm): For mid-sized online sellers. Rent: THB 50-120/sqm/month. Gross Yield: 8-12%
2. Shophouse converted to warehouse: Ground floor warehouse, upper floor office. Rent: THB 15,000-40,000/month
3. Cold Storage for food and agricultural products: Higher construction cost but higher rent. Rent: THB 150-250/sqm/month
Best Locations for Chiang Mai Warehouses
Hang Dong and Saraphi (recommended): Near the airport and main roads, good Logistics routes, still reasonable land prices
San Sai: Near industrial estate and main road to Chiang Rai
Along Superhighway: Fast access/exit, suited for high-movement-frequency Logistics operations
Difference from Residential Investment
Warehouses typically deliver higher Yield than same-size residential, but require more specialized knowledge; corporate tenants usually sign longer leases but finding new tenants if vacant is harder
Pre-Investment Checklist
Land Zoning must permit industrial/commercial use; warehouse ceiling height (typically needs at least 6-8 meters); truck access routes; adequate electrical capacity
MORE Value. MORE Trust. Always.
Contact us today for a free consultation:
Line: @morecm | www.morepropertycm.co.th
Aurakanya: +66 83-236-9428
Eknarin: +66 96-236-9745
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