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Apr 16, 2009

Property prices slightly higher this year

Last Updated: Apr. 16, 2009
BANGKOK - Apartments COST (US$) YIELD (p.a.) PRICE/SQ.M. (US$)
TO BUY MONTHLY RENT TO BUY MONTHLY RENT
40 sq. m. n.a. 779 n.a. n.a. 19.47
80 sq. m. 205,600 1,309 7.64% 2,570 16.36
120 sq. m. 299,400 1,993 7.99% 2,495 16.61
170 sq. m. 417,350 2,479 7.13% 2,455 14.58
250 sq. m. 544,250 2,700 5.95% 2,177 10.80
Districts researched:
Bangkok: Sukhumvit Road, Silom, Sathorn, Riverside, Rama III, and Central Lumpini
Source: Global Property Guide                    Definitions: Data FAQ                       See also: Update Schedule

Gross rental yields on apartments in Bangkok average 7.18%. Prices in Bangkok have risen very slightly in US$ terms since we last surveyed them, and they average of US$2,425 per square metre (sq. m.) for Bangkok apartments, US$40 more than the previous year.

Average-sized apartments (i.e., apartments measuring around 120 sq.m.) have the highest gross rental yields, at 8%, and sell for US$2,455 per sq. m.

These are quite good yields, given the turmoil in Thai politics and generally weak sentiment – quite surprising, really.

  



Property Showcase - Thailand

 
House $1,404,726
 
House $1,379,937
 
House $1,082,466

 


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