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Residential Rents for Expatriates in Bangkok is Expected to Increase

 It was assumed by James Pitchon, executive director at CBRE Thailand, who is covering the housing leasing market in Bangkok over the last 20 years that Residential rents for emigrant apartments as well as housing are predicted to develop for the first time in two periods, according to consultancy firm of property CBRE Thailand. Meanwhile the early 90s has very slightly growth which is perceived in the full amount of rent that is to be paid through emigrants for their housing, but this is expected to alter.

CBRE believed that the market is close the period where a deficiency is anticipated and at least a incomplete selection of emigrant apartments and housing in the prevalent places, explicitly two and three-bedroom units. It means that in two periods CBRE forecasts that emigrants will must bigger lump sum payments for their unit for the first time. Now, the residence rate in the maximum required parts of apartment developments exceeds 90%, although housing tenancy is much added as compared to 70% from owner inhabitants as well as tenants.

 figures of CBRE display that currently there are about 22,000 housing units beneath development in the emigrant parts, though just about 30% of these will be two-bedroom as well as three-bedroom possessions with all  the residual units that are being studios or  one-bedroom. According to the Alien Occupational Control Division of the Department of Employment there were approximately 65,000 emigrants with work licenses in Bangkok.



Last modified onFriday, 08 November 2013 11:09

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