|Last Updated: Jan. 10, 2007|
|COST (US$)||YIELD (p.a.)||PRICE/SQ.M. (US$)|
|TO BUY||MONTHLY RENT||TO BUY||MONTHLY RENT|
|100 sq. m.||120,000||580||5.80%||1,200||5.80|
|150 sq. m.||180,000||700||4.67%||1,200||4.70|
|200 sq. m.||250,000||870||4.18%||1,250||4.40|
|250 sq. m.||300,000||980||3.92%||1,200||3.90|
|300 sq. m.||360,000||1,300||4.33%||1,200||4.30|
|350 sq. m.||390,000||1,500||4.62%||1,114||4.30|
|Source: Global Property Guide|
Built-up property prices are surprisingly low at around US$1,000 - US$1,200 per sq. m.
But the rents which properties will produce are also low. A 150 sq. m. property costing US$180,000 might typically rent for around US$700 per month. This is equivalent to a yield of 4.7%. Larger properties produce lower yields, as is typical in most places.