BANGKOK Q2 2013 property market survey apartment rent
Bangkok condo & apartment survey covers the rental and buying property market in Bangkok metropolitan area. propertydata.asia is using thousands of public property listings to generate market overviews and benchmark property prices for apartments and condos in each market segment.
property market overview
The amount of available/ monitored property offers are in 20 districts of Bangkok big enough to calculate significant price benchmarks. The result is shown as heat map.
The highest apartment rents in Bangkok are asked in district 7 Pathum Wan, half of all condos are more expensive than 560 THB/sqm month and the high end segment starts above 780 THB/sqm month.
33 Khlong Toei and 39 Watthana, cluster with an average price of 500 THB/ sqm month the next highest group of districts. With an average rent of under 300 THB / sqm month the districts 47 Bang Na, 6 Bang Kapi, 34 Suan Luang, 30 Chatuchak, 38 Lat Phrao, and 45 Wang Thonglang can be found at the end of the price range.
apartment rent: data structured by districts
property market benchmarks
The rent of the“median” apartment in Bangkok is 30’000 THB/ month and has a size of 60sqm. The resulting sqm rent is 430 THB/sqm month.
The benchmark prices vary in some cases quit remarkable if you focus only on apartments within or outside the reach of an BTS/ MRT station.
These figures are available for each individual location as pdf download. >>> go to the download center
| 10% pctl | 30% pctl | Median | 70% pctl | 90% pctl | ||||||
| rental price | 10’000 | THB | 18’000 | THB | 30’000 | THB | 45’000 | THB | 75’000 | THB |
|---|---|---|---|---|---|---|---|---|---|---|
| rental price / m2 | 230 | THB/m2 | 340 | THB/m2 | 430 | THB/m2 | 540 | THB/m2 | 700 | THB/m2 |
| apartment size (RENT) | 30 | m2 | 40 | m2 | 60 | m2 | 90 | m2 | 190 | m2 |
The rental price difference between apartments in reach of an BTS Station to a similar one without a station in walking distance (500m) is around 40%. A MRT station has a smaller effect on the rent compared to an BTS station.
These figures are available for each individual location as pdf download. >>> go to the download center
| rental price / m2 | 10% pctl | 30% pctl | Median | 70% pctl | 90% pctl | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| – BTS | 275 | THB/m2 | 379 | THB/m2 | 476 | THB/m2 | 576 | THB/m2 | 750 | THB/m2 |
| – BTS & MRT | 263 | THB/m2 | 364 | THB/m2 | 441 | THB/m2 | 545 | THB/m2 | 664 | THB/m2 |
| – MRT | 260 | THB/m2 | 360 | THB/m2 | 424 | THB/m2 | 486 | THB/m2 | 627 | THB/m2 |
| – not nearby station | 170 | THB/m2 | 266 | THB/m2 | 333 | THB/m2 | 424 | THB/m2 | 625 | THB/m2 |
database
The data collection sources on public available property listings (asking prices). The calculated prices and benchmarks are based on an evaluation of asking prices. Transaction prices may differ from asking prices, especially in not very liquid markets.
propertydata.asia is using thousands of public property listings to generate analyses and market overviews of the monitored property market. Overall Bangkok more than 30’000 properties (apartment and condos) are in the database for the second quarter 2013.
The data is segmented geographically as well in accordance with the property segment and therefore supports the project developer, real estate agent, and homeowner with a precise market overview.
Download this survey and find some more detailed data for every relevant district or BTS/ MRT station as pdf file.
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