Thailand , Bangkok , Lumphini

98 WIRELESS INVESTMENT OVERVIEW

Key Investment fundamentals include

• ROI 8%
• Brand New Prime Location Condo
• Super Luxury and Super Prime Location Condo
• Huge demand for Bangkok property
• Bangkok has overtaken London as the World’s No1 Tourist Destination

They say location is everything and now Bangkok is ranked ninth among the top 10 emerging world cities, according to new research from real-estate consultancy Jones Lang LaSalle (JLL). In the past years, Bangkok has undergone several major infrastructure developments including the expansion of mass transit lines (BTS Skytrain and MRT Subway). Within the capital, investors look to the core areas that constitute Bangkok’s most promising investment opportunities, thanks to their unrivalled access to mass transit: Ploenchit, Asoke, Phrom Phong, Ratchada and Ari.

With the influx of ASEAN Economic Community (AEC) coupled with the government’s 2.2-trillion-baht transportation infrastructure investment to turn Thailand into AEC logistics hub, it has driven Bangkok property to grow constantly; particularly in the inner-city locations where the prices keep breaking records year after year. This fact is supported by Knight Frank’s Bangkok Condominium Research Report for Q2 2015 that the prices of newly launched luxury condominiums in the central business district (CBD) went up at a much faster with prices above THB 250,000 per square meter and tended to be skyrocketing. If you are considering owning property in Bangkok, now would be the time, as the prices of high-end residential properties are still lower than those in other Asian markets, especially Singapore, Hong Kong, and Taiwan; hence providing a potentially lucrative property investment opportunity to long-term investors.