justrading
Registered: Apr 2011
Posts: 842 |
02-22-12 03:58 PM
6% for the broader market. Previous Sunday there was an article in the Bangkok Post Spectrum that mentioned about 3% for the preferred areas of Bangkok, Sukhumvit Soi 1 - 63.
It's not that rents have come down, it's property prices that have reached ridiculous levels, so with many choices from the recent condo building boom, rents have not kept pace with prices.
I got better than 3% on my last Fixed Deposit, so there is no incentive to buy property at that sort of return.
Good Dividend stocks here yield 5% - 8%.
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