Post by mangomoney on Nov 17, 2017 15:12:10 GMT 7
Investors target Silom-Sathon area for returns
Offices, schools and hospitals main draw
Condos in the Silom-Sathon area are the new targets for investors, with annual return on investment for rentals of 5%, according to property consultant Plus Property.
Plus Property's real estate survey found that prices in the Silom-Sathon area are rising due to land value and condominium projects.
The most recent price for land in the area was found to be 1.45 million baht per square wah, with condominiums commanding prices of 200,000-300,000 baht per square metre.
The area's location as a business district, surrounded by offices of leading companies, famous schools, hospitals and government offices, has attracted both Thai and foreign buyers, homeowners and investors alike, with the rental market generating 5% annual return on investment, and the average resale prices rising 7% a year for the past five years.
more..
property.bangkokpost.com/news/1362007/investors-target-silom-sathon-area-for-returns
Offices, schools and hospitals main draw
Condos in the Silom-Sathon area are the new targets for investors, with annual return on investment for rentals of 5%, according to property consultant Plus Property.
Plus Property's real estate survey found that prices in the Silom-Sathon area are rising due to land value and condominium projects.
The most recent price for land in the area was found to be 1.45 million baht per square wah, with condominiums commanding prices of 200,000-300,000 baht per square metre.
The area's location as a business district, surrounded by offices of leading companies, famous schools, hospitals and government offices, has attracted both Thai and foreign buyers, homeowners and investors alike, with the rental market generating 5% annual return on investment, and the average resale prices rising 7% a year for the past five years.
more..
property.bangkokpost.com/news/1362007/investors-target-silom-sathon-area-for-returns
