Gross Rental Yields Stable at 4.3%
Gross yields for condominium investments in Bangkok remain stable at 4.3% on average in the first quarter of 2015, according to a research conducted by CBRE Thailand.
Yields generated by publically listed investment funds and REITs – Real Estate Investment Trusts increased up to 5.7% quarter-on-quarter in Q1 2015.
“We based residential yields each quarter on the leasing transactions completed by our own leasing team during the previous three months, so yields can vary from quarter to quarter where transactions have been concluded“, the report said.
Considering there are less and less available lands available for condominiums in downtown Bangkok, demand is now exceeding supply and gross rental yields are most likely to increase steadily in the future.