|
|
|
Bangkok Residential Leasing MarketView Q3 2009Research Centre |
|
|
21 Dec 09
Bangkok Residential Leasing MarketView Q3 2009
Five apartment buildings were completed, with a total of 62 units. The total supply of apartments units was 11,151 increasing by 0.56% Q-o-Q and 4.5% Y-O-Y. The total number of condominium units in downtown Bangkok grew by 1.7% Q-o-Q and 14.1% Y-O-Y to a total of 61,522 units.
Grade A rents rose 1.5% Q-o-Q but were down 5.4% Y-O-Y from 414 THB in Q 2 2009 to 420 THB in Q2 2009.
We expect that around 348 new apartments units will be completed by the end of 2009. In the same period we expect there to be around 4,845 new condominium units completed raising the total stock of downtown condominiums to 66,376.
Many purchasers of condominium units are “buy-to-rent” investors and the competition between apartments and condominiums for the expatriate rental market will increase. |
|
| For full detail please click on file to sign up and download. |
 |
 |
q3_09_bangkok_residential_leasing_market_view.pdf [ 0.12 mb. ]
|
|
|
|
|
| Contact Information |
 |
Theerathorn Prapunpong
Director - Residential Leasing Services
Phone: +66 2 654 1111 ext. 421
Fax: +66 2 685 3305
|
|
|
|
|
|
|
|
|
|
|
