Bangkok’s luxury condo scene is booming with rent at some high-end condominiums now hitting 100,000 baht per month, reports BangkokBizNews.
Sanchai Khu-Ekachai, Director and Head of Research and Consulting at Knight Frank Thailand Co., Ltd. said…
“The condo market began to recover because of demand from foreigners affected by the Russia – Ukraine war, especially condos in Bangkok. Russian tourists stimulated the market’s recovery, with help from the opening of China’s borders.
“Tourists who travel alone, FIT (Free Individual Travellers), will also help to stimulate the rental market… People who came to buy a condo to rent out to tenants are also coming back to buy more condos.
“This is an opportunity to generate income from renting out condos to foreigners. Especially high-end condos in the heart of the city that foreigners are interested in…
