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 condo prices in Bangkok are asked in district 7 Pathum Wan, half of all condos are more expensive than 117’000 THB/sqm and the high end segment starts above 184’000 THB/sqm.
28 Sathon, 33 Khlong Toei, 39 Watthana, 37 Ratchathewi, 14 Phaya Thai, and 18 Khlong San cluster with an average price of 90’000 – 110’000 the next highest group of districts. At the end of the price range the districts 47 Bang Na, 45 Wang Thonglang, 6 Bang Kapi, and 34 Suan Luang can be found.
condo buy: data structured by districts
property market benchmarks
The “median” condo in Bangkok has a value of 5 Mio THB and a size of 60sqm. The resulting sqm price is 86’000 THB/sqm.
The benchmark prices vary in some cases quit remarkable if you focus only on condos 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|
|selling price / m2||48’000||THB/m2||66’000||THB/m2||86’000||THB/m2||106’000||THB/m2||138’000||THB/m2|
|apartment size (BUY)||30||m2||40||m2||60||m2||80||m2||160||m2|
The price difference between condos in reach of an BTS Station to a similar one without a station in walking distance (500m) is up to 50%. A MRT station has a slightly smaller effect on the price compared to an BTS station.
|selling price / m2||10% pctl||30% pctl||Median||70% pctl||90% pctl|
|– BTS & MRT||62’000||THB/m2||86’000||THB/m2||100’000||THB/m2||119’000||THB/m2||150’000||THB/m2|
|– not nearby station||41’000||THB/m2||54’000||THB/m2||66’000||THB/m2||83’000||THB/m2||118’000||THB/m2|
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.