Gross rental yields: Take a look at Thailand

gross rental yields
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Bangkok offers some of the best gross rental yields in the Asia-Pacific region.

Data from the Global Property Guide website, which calculates gross yields based on a 120 sqm unit in central city locations, rates Bangkok 35th globally but ahead of some significant global and regional competitor cities.

Bangkok is said to have average gross rental yields of 5.15% per annum, with only Jakarta (8.61%), Metro Manila (6.13%) and Phnom Penh (5.33%) recording higher gross rental yields locally.

Below Bangkok was Kuala Lumpur (4.53%) Hong Kong (2.62%) and Singapore (2.54%).

Globally, gross rental yields in Bangkok are ahead of those in Madrid (4.70%), Sydney (4.39%), London (3.21%) and Berlin (2.99%).

Prices used for Bangkok are US$ 3,952 (THB 131,870) per sqm to buy a 120 sqm unit, and US$ 2,029 (THB 67,700) to rent the unit per month. Both figures, in my opinion, are fair for Bangkok.

So, for investors with a goal of rental returns for their property investment, it seems they could do a whole lot worse than invest in Bangkok.

Andrew Batt
The author of this article is Andrew Batt, the founder and editor of Andrew has been writing about property and real estate issues in Thailand and Southeast Asia for more than 10 years. He has worked for PropertyGuru Group, DDproperty, Dot Property Group, Hipflat and AsiaRents. He has also produced content for leading Thailand property developers and real estate agencies.

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