Build rooms for rent costs.

[nev]

What is the current cost to build standard Thai style rooms for rent?.

Anyone recently built, if so what size units did you build.

I am looking at say 3.5 to 4m wide and around 9 m deep with bathroom to the rear.

[Issangeorge]

36 square metres, I would estimate anywhere from ฿2,500 to ฿ 10,000 a metre. The low end would be you get what you pay for, the high end, you really wouldn't want to pay more than this for just standard Thai rooms.

[DILLIGAD]

36 square metres, I would estimate anywhere from ฿2,500 to ฿ 10,000 a metre. The low end would be you get what you pay for, the high end, you really wouldn't want to pay more than this for just standard Thai rooms.

Hope it's going to be in a company name?

[nev]

36 square metres, I would estimate anywhere from ฿2,500 to ฿ 10,000 a metre. The low end would be you get what you pay for, the high end, you really wouldn't want to pay more than this for just standard Thai rooms.

Thanks, as cheap as possible and a lot I will do myself with hired workers, I have already built our house this way and saved half the costs.

[nev]

36 square metres, I would estimate anywhere from ฿2,500 to ฿ 10,000 a metre. The low end would be you get what you pay for, the high end, you really wouldn't want to pay more than this for just standard Thai rooms.

Hope it's going to be in a company name?

Thanks for the concern but this is on our home plot of 5 rai and being built with money my wife has made from selling other land.

[kamalabob2]

While one could assume there is a major glut of unsold and not yet rented two story or three story shop house or single floor attached houses in Buriram and Surin province I have a current observation. A nephew of my wife built a six unit single floor cheap as chips, row house with the lowest cost materials and all local village labor. In a small village, on the way to Kaeng Dong. A bit off of the main 2 lane Highway 2226. But amazingly to me, all six rooms were booked by renters at 1500 baht a month prior to the building even being finished. It has been booked solid for over six months. Simple business ventures, even some people living three or more to the small room. So it was at the right rental price point, he like the OP, was not funding this with borrowed money, he had the land in the family for a while, and that village did not have ten other or even three other similar buildings. Location, Location, build cost, rental Price seem to play a role in real estate success all over the world, even an Isaan village. Each tenant has their own water meter and their own PEA electric meter so he was not concerned with energy savings building materials or a low flow toilet.

[nev]

While one could assume there is a major glut of unsold and not yet rented two story or three story shop house or single floor attached houses in Buriram and Surin province I have a current observation. A nephew of my wife built a six unit single floor cheap as chips, row house with the lowest cost materials and all local village labor. In a small village, on the way to Kaeng Dong. A bit off of the main 2 lane Highway 2226. But amazingly to me, all six rooms were booked by renters at 1500 baht a month prior to the building even being finished. It has been booked solid for over six months. Simple business ventures, even some people living three or more to the small room. So it was at the right rental price point, he like the OP, was not funding this with borrowed money, he had the land in the family for a while, and that village did not have ten other or even three other similar buildings. Location, Location, build cost, rental Price seem to play a role in real estate success all over the world, even an Isaan village. Each tenant has their own water meter and their own PEA electric meter so he was not concerned with energy savings building materials or a low flow toilet.

Nice post mate, in our village we are only 3sois of the major Korat to khonkaen highway, their is many new factories being built and are crying out for rooms to rent, also the local hospital is expanding and my wife works there and many staff are asking for rooms.

I might even make them a tad smaller maybe under 30sq to keep cost down but not to small as to not being able to rent out, a lot of rooms to rent have been built in the village and all rented out, we have the major tesco storage depot just up the road and that goes 24hr and a lot of workers also a CP factory just opened.