Great, new hotel in a quiet area outside of the city centre but walking distance to Central Festival.
Get a room with a lake view which will also have a view of Doi Suthep.
The lake view corner suite is superb.
Superb restaurant with lake and doi (mountain) views.
Overall, a brilliant and inexpensive hotel if you want a quiet stay outside of hustle bustle and tourist traps of Chiang Mai...
However, if you do want to visit the tourist traps, eg. the old city, the Night Bazaar and Niemanhaemin Road, then they are only an inexpensive 15 min taxi ride away.