moondancer Posted December 11, 2007 Share Posted December 11, 2007 How much could a 2-bedroom unit (94 sqm) in the Athenee Residence be rented out for? I'm trying to calculate the net rental yield for potential investment. Thanks. Link to comment Share on other sites More sharing options...
WongKarWai Posted December 11, 2007 Share Posted December 11, 2007 about 50,000 imho, but who can judge the occupancy rate?? Link to comment Share on other sites More sharing options...
moondancer Posted December 11, 2007 Author Share Posted December 11, 2007 Many thanks for the response. Any idea of the % bought for owner-occupation versus investment (rental) ? Market looks frothy from the asking prices for Athenee. Yield based on my calculation is likely to be approx 5% p.a. or less. Not a very attractive proposition. Link to comment Share on other sites More sharing options...
Hampstead Posted December 13, 2007 Share Posted December 13, 2007 OMG where are the real estate agents scouring this forum saying to everyone that 10% returns on rent is the bkk norm well the op has one of the new kids on the block high end condos, and he is saying that his likely rental will be 5%, thats far lower than many expected the athenee to generate still 5% is better than a 0% return Link to comment Share on other sites More sharing options...
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