Where is the right place for real estate investment in Southeast Asia?

According to the survey, the United States and Australia ranked first and second, while Thailand ranked fourth, Singapore ranked eighth, Malaysia ranked 11th, and Vietnam ranked 14th. Indonesia ranks fifteenth. It shows that real estate investment in Southeast Asia is still possible. So where is the suitable real estate investment in Southeast Asia? Let’s take a look with me.

Thailand Real Estate Investment Area

Houses in Bangkok are relatively easy to rent. Bangkok is home to about one-fifth of Thailand’s population, as well as hundreds of thousands of foreigners from all over the world. people. Therefore, it is not particularly difficult to find tenants. Excluding water, electricity, miscellaneous fees, and property fees, the return rate is about 5% to 8%.

Most Chinese people buy houses mainly in three areas: Silom/Sathorn area, central Lumpini area, and Sukhumvit area.

The central Lumpini area is the most expensive place in Bangkok. It is also the most elite area, with a concentration of local business centers and luxurious landmarks. The highest housing price can reach 120,000 yuan per square meter. .

Silom/Sathorn area is Bangkok’s old business district and the financial center of Bangkok. Bank headquarters, office buildings, embassies of various countries, and high-end hotels are all in this area. The approximate average price It’s 40,000 to 50,000 yuan per square meter.

Sukhumvit District is the largest commercial and residential area in Bangkok. It is home to a large number of residential shopping malls and restaurants. This area is also the area with the fastest appreciation in Bangkok at present, with an average price of about 40,000 yuan per square meter. , Thonglor District, where there are many Japanese people, is also in this area.

In recent years, because more and more foreigners have come to Thailand to buy houses, and Chinese people prefer cheaper houses, the better areas, namely the three areas just mentioned, have actually finished their prices.

People have also begun to buy houses in some more remote areas, such as Rama 3 District and Chao Phraya Riverside District. However, the locations of these houses are much different, but the prices are cheap. The price increase of a house may not be very high in the future, so when buying a house in Bangkok, it is best to go and see it on site, and don’t listen to the agent’s one-sided words or my one-sided words.

Vietnam Real Estate Investment Area

Vietnam has a total population of nearly 100 million, and the population structure is currently dominated by young people. The labor force of young adults aged 19 to 40 accounts for almost 45%. The two largest cities in Vietnam, Ho Chi Minh City and Hanoi, have gathered about 1/5 of the country's population, and the population inflow in these two cities is still accelerating, so compared with Shenzhen Like this kind of city, there are many young people. Although houses are expensive, they are still urgently needed.

House prices in Ho Chi Minh City are really not low. Chinese people who are used to housing prices in Beijing, Shanghai, Guangzhou and Shenzhen will feel that the housing prices in Ho Chi Minh City are too expensive.

From the perspective of development level, Ho Chi Minh City is roughly equivalent to domestic third-tier cities to second-tier cities, or less than the level of second-tier cities. The average price of houses in its city center has reached approximately US$4,000 per square meter. Even in the outer suburbs, the price is about US$1,700 to US$1,800 per square meter.

There is a real estate in the very center of the city close to Financial Street. The price is about 3,500 to 5,000 US dollars per square meter. The highest price of an apartment in the city center reaches 9,000 US dollars per square meter.

The rental-to-sale ratio in Ho Chi Minh City is also very good. In Pingsheng County, 1 bedroom and 1 living room is calculated as 50 square meters, and the monthly rent is US$800. 2 bedrooms and 1 living room are calculated as 70 square meters, and the monthly rent is US$1,000. 3 bedrooms and 1 living room are calculated as 100 square meters, and the monthly rent is US$1,200. . Therefore, based on the average price of US$2,200, the return on investment is approximately 7%, and the cost of purchasing a house can be recovered in 10 to 15 years.