real estate in Thailand prices continue to skyrocket. In the second quarter of this year,
Housing in Thailand increased by 8.16 percent compared to a year earlier. This is the biggest increase since the third quarter of 2013. For comparison, last year's figure is 2.44 percent.
Over the last quarter,
real estate in Thailand has risen in price by 2.38 percent.
Thailand's residential construction also recorded an increase in activity. In the first five months of this year, the number of newly registered condominium projects has grown significantly. Their number was 32,443 units. This is 33.6 percent more than a year earlier. The number of apartment buildings in Bangkok is up almost 80 percent year-over-year to 21,792 units.
Rental yields in Bangkok are good at 8.05 percent. The cost per square meter of housing in Bangkok is about $3,638.
Buy an apartment in the center of Bangkok with an area of 120 sq. m can be purchased for $436,560 and rented for $1,837 per month.
According to the Bank of Thailand, in May of this year, the total amount of outstanding real estate loans increased by 6.1 percent year-on-year, to $102.39 billion. Last year, this figure was 5.2 percent. The number of apartment buildings in Bangkok is up almost 80 percent year-over-year to 21,792 units.
Rental yields in Bangkok are good at 8.05 percent. The cost per square meter of housing in Bangkok is about $3,638.
Buy an apartment in the center of Bangkok with an area of 120 sq. m can be purchased for $436,560 and rented for $1,837 per month.
According to the Bank of Thailand, in May of this year, the total amount of outstanding real estate loans increased by 6.1 percent year-on-year, to $102.39 billion. Last year, this figure was 5.2 percent. The number of apartment buildings in Bangkok is up almost 80 percent year-over-year to 21,792 units.
Rental yields in Bangkok are good at 8.05 percent. The cost per square meter of housing in Bangkok is about $3,638.
Buy an apartment in the center of Bangkok with an area of 120 sq. m can be purchased for $436,560 and rented for $1,837 per month.
According to the Bank of Thailand, in May of this year, the total amount of outstanding real estate loans increased by 6.1 percent year-on-year, to $102.39 billion. Last year, this figure was 5.2 percent.
