Serviced apartments hold their l stre amon overseas residents

サービスド・アパートメントは在住外国人の羨望の的です

That’s the gist of a recent report by real estate serviced apartment supply has levelled off, price increases are modest given the high cost of land for new projects. According to Colliers, “Many foreign businessmen are still focusing more on Thailand than on other countries in ASEAN for serviced apartments remain the home away

from home of choice among foreigners who are working or doing business in Thailand, particularly with Japanese expats. This makes serviced apartments an important part of the country’s ongoing efforts to attract international investment. But even with the high demand, serviced apartments still offer good value for money. “Average rent [increases] may only be a few the report said. Adding to the allure, a vast majority of Bangkok’s serviced apartments are in areas most desired by foreigners, such as Si Lom, Sathon, Sukhumvit and Ratchadaphisek. With condo prices in these popular neighbourhoods experiencing drastic Y-on-Y serviced apartment living all the more attractive. Another contributing factor is that the majority of serviced apartments are strategically located near mass-transit hubs. Given that most foreigners living here mediumterm don’t go all-in and purchase their own — the easy access to the MRT Subway and BTS SkyTrain routes is a crucial selling point for renters facing a daily commute.