23 Jan '14, 6am

#GlobalREBubble #Thailand 'Bangkok rents rise for the first time in 20 years' via @SGPropertyGuru

Comment E-mail to friend Bookmark & Share Residential rentals in downtown Bangkok rose for the first time in 20 years during 2013, according to data released by CBRE Thailand. Sales prices also rose, resulting in condominium yields remaining stable at around 5.3 percent, according to the international real estate advisor. The company predicts growing demand and limited supply for two- and three-bedroom units, which will increase rent and produce consistent investment yields. The CBRE Research team analysed Bangkok condominium rental transactions in Bangkok’s three most popular expatriate rental areas - Sukhumvit, Silom/Sathorn, and Lumpini - using data from 176 rental transactions in 55 condominiums. The most popular type of units were two-bedrooms, followed by three-bedrooms, and lastly one-bedroom units. The Sukhumvit area (Sukhumvit Soi 1-63) was the most popular locati...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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