Rinrada Posted January 10, 2005 Share Posted January 10, 2005 I was having a bit of a chat in the pub last night with a neighbour who was talking about rental values of houses,flats (UK dont have condos )maisonettes (guess?) He was thinking of letting out his place which is worth about £250K and expects to get roughly £1000 rent a month Obviously there are regional variations etc,types of accomodation..eg 6 bed room pig stys (for students and/or as many as they can fit in ) etc. Carrying on from there I would beg to ask the question as to what if one used a similar comparison would be a reasonable same-same say in Bangkok. ie.At £250k-rent =£1k or 1/250th of the capital costs of the unit....so in Bangers... If the gaff is worth say .... Bt.25.M then on the same basis the rent would be = Bt 100,000/month Bt.12.5M........................................rent would be = Bt 50,000/month Bt.6.25M............................................................. = Bt 25,000/month Bt.3.125M........................................................... = Bt 10,000/month Bt.1.562M............................................................= Bt 5 K a month So using above for a rent of say Bt.15k a month you should be able to rent a nice wee Bt 5 million condo on Suk rd............................or are we being ripped off in the smoke Link to comment Share on other sites More sharing options...
shandiman Posted January 10, 2005 Share Posted January 10, 2005 I have a nice condo for 15,000 baht a month great views and spacious, between 6 and 8 Sukhamvit. Link to comment Share on other sites More sharing options...
mexxx Posted January 11, 2005 Share Posted January 11, 2005 your example of uk yield is running at 4.8%. generally rents are determined by market forces but also follow mortgage rates & long term bond yields too. using your example of thai condo worth 5m then 4.8% yield should bring in 20k pm not the number u suggested. Link to comment Share on other sites More sharing options...
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