The Difference Between Service Apartments, Serviced Condos, and Regular Condos in Chiang Mai

The Difference Between Service Apartments, Serviced Condos, and Regular Condos in Chiang Mai

These terms are often used interchangeably in the Chiang Mai market, but there are important differences that tenants and investors should understand.

What Is a Service Apartment?

An accommodation building owned by a single company or operator, managed like a hotel but with longer-than-hotel rental periods. Rooms typically include regular cleaning, Concierge, and hotel-style services.

Key features: Weekly room cleaning (1-2 times); breakfast in some properties; Concierge; 24-hour Reception; Laundry Service; rentals from 1 month upward

2026 prices: Studio THB 15,000-35,000/month (services included); 1-bed THB 22,000-55,000/month (services included)

What Is a Serviced Condo?

A privately owned condo unit where the owner has engaged a management company to provide additional services — like a Service Apartment but unit is privately owned within a standard condo juristic committee.

Key features: Standard condo project but with supplementary management company services; some cleaning and Concierge; higher price than standard condos in the same project
Pricing: 20-40% above standard condos for included services

What Is a Regular Condo?

A unit in a condo project where the tenant is fully self-managing — no supplementary services.

Comparison

Service Apartment: Most convenient, best for short-to-medium stays, nothing to manage — most expensive, least private, no asset ownership
Serviced Condo: Some services with reasonable privacy — higher than standard condos
Regular Condo: Lowest price, most private — fully self-managed, no services

Who Each Suits

Service Apartment: Newly arrived Expats, medium-stay business professionals, company-paid accommodation arrangements
Serviced Condo: Long-Stay residents wanting some service without full service level
Regular Condo: Long-term tenants, self-sufficient families, investors seeking maximum Yield

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