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  1. #1
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    Are House Rental Prices going down in Thailand.?

    We've been looking at the rental Market in Cha am today, and was amazed to see some on the market at really low prices.

    For example fully furnished to a good standard, with a pool and air con going for an unbelievable price of 6,000 Baht per month.

  2. #2
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    Location, location, location....

    Every situation will differ from the next.

  3. #3
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    No they are not

  4. #4
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    No there not.?

    Aren't you in shitty Leeds.?


    Quote Originally Posted by chassamui View Post
    No they are not

  5. #5
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    Quote Originally Posted by Horatio Hornblower View Post
    No there not.?

    Aren't you in shitty Leeds.?


    Quote Originally Posted by chassamui View Post
    No they are not
    This is not about me Jack. You asked a question and I answered it.

  6. #6
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    so you've been looking at the market then recently I can only presume.?

  7. #7
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    Quote Originally Posted by Horatio Hornblower View Post
    so you've been looking at the market then recently I can only presume.?
    You can presume whatever you want mate. My opinion is as valid as the next man.

  8. #8
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    I'll presume away

  9. #9
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    That's rather presumptuous of you HH

  10. #10
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    I think in the sticks it's mostly static, maybe in some places as you suggest even dropped a little due to the national and international economic situation.

    Here in Bangkok I've seen a rise of about 25% of the rental I can get for my condo over the last 4 years.

  11. #11
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    Yes my code switching gene has been damaged

  12. #12
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    Nearly impossible to use an isolated [yet, standard for some] Farang-ghetto or Farang-heavy market as such might apply to the whole country....

    The comparatives don't work.

  13. #13
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    Just realised I never mentioned it has five bedrooms.
    Quote Originally Posted by Dapper View Post
    I think in the sticks it's mostly static, maybe in some places as you suggest even dropped a little due to the national and international economic situation.

    Here in Bangkok I've seen a rise of about 25% of the rental I can get for my condo over the last 4 years.

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    Quote Originally Posted by Dapper View Post
    I think in the sticks it's mostly static
    Indeed, SIL just got a 2 storey house for 1200/month. A bit on the pricey side, but everything is in working order.

    - no swimmingpool. lol

  15. #15
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    Got the wife to look up holidays rentals as well, there's some really good bargains.

    hope that five bedroomed hasn't gone next month when we go down.

    Quote Originally Posted by Dapper View Post
    I think in the sticks it's mostly static, maybe in some places as you suggest even dropped a little due to the national and international economic situation.
    Here in Bangkok I've seen a rise of about 25% of the rental I can get for my condo over the last 4 years.

  16. #16
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    Quote Originally Posted by stroller
    SIL just got a 2 storey house for 1200/month
    does it have a roof?

  17. #17
    Thailand Expat terry57's Avatar
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    If a person wants to rent out their gaff and it has been sitting a while the rent is always negotiable.

    I know a place just outside Nakon Sawan where the Thai owner is renting out her large Airconed house for 1500 per month.

    That's quite mad innit.
    Stroller is a Yerman faggot.

  18. #18
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    What we are seeing in most hot spots is a decline in rental values as the oversupply of condos and villas influences a market which has also seen a sea change in the demographic of visitors and expat residents.

    Bangkok is awash with condos bought for investment by middle class Thai looking to find a home for their money in a lax taxation regime. Anyone paying top dollar for one of thousands of 50sqm rabbit hutches is an idiot. A mere hop skip and a jump up any soi away from a BTS will find 100sqm available at much lower prices than that which prevailed 5 years ago. The law of supply and demand even affects Thailand.

    Pattaya has seen blood on the floor of the realty market with firesales offering prices up to 20% less than the original development price. Most folk looking to lease long term can confidently expect to pay 20% less than would have done 4 years ago.

    In 2010 in Pattaya there were scarcely 1,500 new units coming onto the market, now that figure has reached 16,000.

    The Thai will always jump onto a bandwagon in their droves, no matter what the market. Hairdressing salons, massage parlours, beer bars, condos, car purchase on credit, you name it.

    However, if the location is right, absolutely right, then even in a falling market there will always be a demand. There are just so many condos that can be built actually next to a BTS or front rank on a beach.

  19. #19
    Thailand Expat terry57's Avatar
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    ^

    Yep, In Bangkok they are still building massive Condos still, it never stops.

    The smart punter can just cruise around and find cheap rentals anywhere these days, shit loads of places for rent at bargain prices.

    Outside Bangkok they rent at give away prices.

    Fantastic market for the Renter and I cannot see any reason to buy.

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