Bangkok: a property investment you can bank on

Bangkok remains a property investment buyers can bank on, according to experts.

Research from DTZ highlights the capital growth still available to investors in the Thai capital, despite economic headwinds.

The report shows that new condos in both the central business district and other zones enjoyed price rises of 17 per cent year-on-year in the second half of 2015.

In the CBD, average sales prices are around $5,786 per square metre, according to Dot Property, while those in non-CBD locations are around $2,902 per square metre, up 17.6 per cent and 17.7 per cent year-on-year respectively.

"Even in times of instability and economic difficulties, this latest data shows that investment in Bangkok condominiums will, in almost every situation, result in capital appreciation," Adam Sutcliffe, managing director for Dot Property Group (Thailand), tells Whatsonsukhumvit.com.

Indeed, factors such as ongoing development of public transport infrastructure, in addition to a lack of suitable land, have both combined to continue pushing up values.

"This is testament to the fact that the city still remains a very safe and secure investment," adds Sutcliffe.

While condos are popular investment objects, though, REIC notes that many developers are considering homes and townhouses as alternative projects, to avoid the volatile nature of a sector that has always proven attractive to speculative investors.

Demand for Thailand property from investors certainly remains strong: the country has been a frequent presence in TheMoveChannel.com's Top of the Props chart. In December 2015, Thailand rose seven places in the rankings to become the seventh most sought-after property destination in the world.