The residential market in Thailand will improve next year, as demand and supply will be more balanced, as foreign buyers, especially Chinese, are interested in Thai real estate, according to property experts.
The potential future demand for residential market include foreigners whose demand would increase due to remote working flexibility.
However, demand from foreigners will be higher once the borders are fully opened.
Average Property Prices in Thailand
| Index | |
|---|---|
| Price to Income Ratio: | 24.17 |
| Mortgage as Percentage of Income: | 202.28% |
| Loan Affordability Index: | 0.49 |
| Price to Rent Ratio – City Centre: | 33.26 |
| Price to Rent Ratio – Outside of Centre: | 32.25 |
| Gross Rental Yield (City Centre): | 3.01% |
| Gross Rental Yield (Outside of Centre): | 3.10% |
You might also want to read about the Cost of Living in Thailand
Source: https://www.numbeo.com
