All Forum Posts by: Anutr A.

no i already have a home (and not moving in the near future) it would be purely for investment...

Im Thai and going back there permanently.

This would be my first property. Ive been doing a lot of research last few months but basically very inexperienced. I do wanna get started in the industry but i think its a bad time to start in bangkok at the moment (for condo investment) due to the oversupply of condos. Before expenses and appreciation, the yields are about 6-8%.

I ll prob be looking for bargains otherwise i wont buy.

Any advice?

it does definitely look that way. although you havnt taken into condo increasing value (which is probably not great because i think theres an over supply of condos in Bangkok).

I guess i have to wait til the market changes...

But then again it is an area that I would wanna get into. So taking this into account (and Im kind of in a career change and Im only 25), and after the 50% rule, what ROI % do you think will be worthwhile?

(E.g. in an unrealistic world if i got the exact same returns as a mutual fund, i would choose condo investment even if it means more hours i have to put in)

Thanks.

Hi,

Lets say I have around 6 million baht (1 USD = 30 baht, so 6m baht = 200k USD) to invest. Im thinking of putting maybe half of it in stocks and other half in real estate.

In bangkok, a newly built mid-end condo, with modern facilities, carparks,for a 1 bed, 40 sqm in good location, fairly near sky train and fully furnished is maybe around 3m-4m baht. agency says i cud get around 22k-25k baht a month but im guessing its prob more like 15k-20k baht. most Thai wages will not be able to afford the rent, but its ideal for expats working in bkk. so the return is maybe around 6% before all costs, vacancy periods and appreciation/depreciation.

ive been reading a lot of negative and pessimistic views about condo as a buy-to-let especially in bkk. there r so many condos in bkk and many being built as land is not scarce yet cos old buildings can be cleared and new projects started easy. and other factors i dont know. also traffic is a nightmare and the condos that are centrally located (and most expensive) have one of the worst traffics (altho it wud prob be near sky train or underground which would be ok for expats.

keep in mind that i ll be paying in lump sum, wouldnt mind to gain some real estate exposure (im fairly interested in the industry),do you think its worth it to buy a condo in bkk as a buy-to-let?

thanks

Lets say I have around 6 million baht (1 USD = 30 baht, so 6m baht = 200k USD) to invest. Im thinking of putting maybe half of it in stocks and other half in real estate.

In bangkok, a newly built mid-end condo, with modern facilities, carparks,for a 1 bed, 40 sqm in good location, fairly near sky train and fully furnished is maybe around 3m-4m baht. agency says i cud get around 22k-25k baht a month but im guessing its prob more like 15k-20k baht. most Thai wages will not be able to afford the rent, but its ideal for expats working in bkk. so the return is maybe around 6% before all costs, vacancy periods and appreciation/depreciation.

ive been reading a lot of negative and pessimistic views about condo as a buy-to-let especially in bkk. there r so many condos in bkk and many being built as land is not scarce yet cos old buildings can be cleared and new projects started easy. and other factors i dont know. also traffic is a nightmare and the condos that are centrally located (and most expensive) have one of the worst traffics (altho it wud prob be near sky train or underground which would be ok for expats.

keep in mind that i ll be paying in lump sum, wouldnt mind to gain some real estate exposure (im fairly interested in the industry),do you think its worth it to buy a condo in bkk as a buy-to-let?

thanks