A Summary of Thailand Real Estate Valued at $100,000!
Bangkok is a large city with a permanent population of 18 million. Every year, 20 million tourists flow into Bangkok. Volume determines the market.
Bangkok is the only city in Thailand that is qualified to talk about real estate. (pattaya came in second, only with a population of 900,000.)
Thailand has a population of over 60 million. Bangkok is the only monuclear city with a growing population.
Bangkok’s population density is 2.6 times that of Shanghai and 7.8 times that of Beijing, so Thailand’s small apartment is quite common.
Bangkok is famous for blocking the city. Blocking！ Blocking！ Blocking until you want to die.So rail transportation is extremely important.
The price in Bangkok is less than half that in Beijing and Shanghai.
In the history of Thailand, there was no war for nearly 100 years, and Thailand was free from war during world war I and world war ii. Bangkok is also a private permanent property, so Bangkok is now in the city renewal phase. There is little land to be developed in the city, and no market of new project in the core area of the main city, and the market is extended out of the track.
The first element to buy a house in Bangkok is to be able to rent! Therefore, the main city of Bangkok that can be rented is the fundamentals of 50,000-60000 yuan/square (capital precipitation), and the emerging region is the fundamentals of 30,000-35,000 yuan/square (the first choice for investment).
The annual housing price in Bangkok rises by about 6%, and the rental and sales ratio is about 5%. So you have to choose where you can rent it, and that’s the key to investing.
Buy a house in Bangkok, there is no opportunity to pick up the leakage. Why? Because Bangkok basic is a fine decoration, according to the using area of sale, hot, permanent private property rights, is a city completely according to the track of the development.
With these premises in mind, let’s get down to the house purchase guide.
Let’s start with the city development direction in Bangkok. Bangkok is not the circular development of Beijing, Shanghai, guangzhou and shenzhen, but the linear development, is along the three subway linear development, subway station 1 km away from the place is not the subway house.
As is shown in the figure, Bangkok develops along the main line of three tracks to the north, west and southeast.
But the real investment property is not in the old town and the local area, why say so?
We need to know, who is the tenant? Who will pay the high rent?
It’s tourists, foreigners, upstarts. Most of them are not local people, they don’t want to live in the old town, so, there is no future in the old town, avoid the old town!
One of the golden rules of buying property in Bangkok. Go north no more than BANGSUE. Go southeast no more than BANGNA. These are two key areas. Although the west just opened a large commercial center, but still not the mainstream and future.
How to buy? How much is it?
RAMA9 almost no real estate in the north of the current sale, there is no use to go there, need to wait for new real estate out, and a little further real estate without investment value.somewhere we can focus on, only the southeast direction.
This graph shows us the price of a subway house along the southeast.
The gold rule of buy property in Bangkok
Buying along BTC subway station 600 meters inside, the price does not exceed 35,000 yuan/square metre.
Golden rule 1
Go north no more than BANGSUE,go southeast no more than BANGNA.
Golden rule 2
Go buying along BTC subway station 600 meters inside, the price does not exceed 35,000 yuan/square metre.
Golden rule 3
Good luck, if you are interested in Bangkok property, you can add the WeChat to discuss.
This period recommended two real estate：
THE RICH NANA
The center of the city center, 4 minutes to BTS Nana！
THE RICH park Taopoon Interchange
Connect with modern lifestyle
It takes two minutes to walk to Tao Poon, the metro interchange, and one stop to Grand bangue station.