|
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.
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