但就房地產增值空間而言，我們無法避免先到先得的問題。首先必須首先獲得，並且猶豫不決經常錯過機會。雖然我們只看到了泰國土地價格上漲中的一個詞 - “崛起”，但我們認為這是因為我們的大部分注意力集中在“CBD”這個詞上，但並不認為CBD的十年前的今天仍然是郊區？！現在在價格上漲的地區，也許五年前，沒有軌道線到達？！
此外，該地區至少有15個泰國本地和國際工廠基地。大量的工薪階層不可能在中心區找到出租房，而附近現有公寓的供應非常有限。所有這些都證明了為什麼Umini International Apartment如此受當地人歡迎。
Just over the past week, according to Thai media reports on August 15, the Deputy Director-General of Property Assessment of the Thai Ministry of Finance said in an interview that the Ministry of Finance had completed a quadrennial land price assessment of 33.4 million lands in Thailand, and the average domestic land price had risen by 8.3% nationwide.
Among them, Bangkok's land price has risen most notably by 8% to 10%. The most expensive areas are located in Ratchadamri, Chit Lom and Siam districts of Bangkok. The price has risen from 900,000 baht/square wa to 1 million baht/square wa. Apart from the suburbs, most of the light rail transit areas have seen land prices rise, such as Nong Chok.
Officials said that with the implementation of the new land tax law on January 1, 2020, the national land price is expected to rise by 10-15% compared with the same period last year. Bangkok, the capital, continues to lead the country in land prices, while the core business district has witnessed an alarming increase in land prices, especially around the track, which is showing a straight upward trend.
Why real estate price in Thailand keeps soaring?
First of all, as far as Thailand is concerned, one thing we cannot ignore is that it is still a developing country at this stage. The so-called "development", as its name implies, is developing, there is room for growth, which comes from all aspects: economy, population, import and export trade, tourism... Of course, it also includes real estate.
Secondly, Thailand is a private land ownership country. Private ownership of land means that it is difficult to demolish and relocate the buildings on it. As long as the owner of the land disagrees, the land cannot be used for other purposes even if it is abandoned. Therefore, the scarcity of land can be imagined. The shortage of land supply is an important reason for the rise of house prices in Thailand.
Some data show that the development volume of new housing is declining after the peak in 2016. According to land assessment, land price has increased by about 5%-10% in previous years, and now it has reached 10%-30%. The increase of land acquisition cost of developers is the direct factor affecting the price of new housing.
Thirdly, property prices along the subway have risen. This is beyond doubt. Rail track is a very important public transport in any international metropolis, and it is the most travel-dependent means of transport for people. This is still true in the second and third tier cities in China, not to mention Bangkok, the "Asian blockade city".
Bangkok, the capital of Thailand, is the most crowded city, and the daily traffic carried by MRT lines is no less than that of the first-tier cities in China. Therefore, the price of land and real estate around the track is also an inevitable trend.
Can demographic dividends really support the Thai property market?
In addition to the normal growth of Thai local people, in fact, we cannot ignore the foreigners in Thailand. Among these people, there are high-income people brought by major enterprises, businessmen engaged in business activities in Thailand, elderly people who enjoy international medical resources in Thailand, and children who receive international education in Thailand.
Therefore, the population of Thailand is actually more diversified, these diversified people come with different purposes, but they have a common demand, that is, housing.
Data show that since 2015, the monthly rent of a 30-square-meter apartment in Bangkok's mid-end property has risen from 5000-9000 baht in previous years to 12,000-15,000 baht. In the high-end residential market, the minimum rent starts from 30,000 baht, and the high rent reaches 50,000-60,000 baht. In addition, housing rents in peripheral areas, such as those outside the Mekong River, are also rising.
Apart from keeping pace with the rising land prices and house prices, there is another factor that contributes to the rising rent rate, namely, the stability of the rental market over the years and even the growth of the rental market. Therefore, those who invested in real estate in Thailand in the early years must be enjoying the pleasure of "landlord" and "landlady" at the moment, and are comfortable counting the rising rent year by year.
House prices have risen. Is there any room for the value of properties to appreciate in Bangkok?
For real estate investment, we can't say it's all right, but at least it's more robust than many other financial products. After all, real estate is not only a commodity, but also a long-term holder of property, but also has the multi-function of renting and living.
Depending on the economy of the whole country, as long as the country is stable, the economy is rising and the infrastructure is perfect, the local real estate will naturally not be worse. Moreover, in recent years, Thailand's economy is not only increasing in value, but also growing faster and faster.
But in terms of real estate value-added space, we cannot avoid a first-come-first-get problem. First-start must be first-earned, and hesitant often miss the opportunity. Although we have seen only one word from the increase of land prices in Thailand -- "rise", we’ve felt that it was because most of our attention was focused on the word "CBD", but did not think that the CBD of today was still suburbs ten years ago?! Now in the region of rising prices, maybe five years ago, there was no track line to arrive?!
Even the data show that apart from the areas with obvious increases, land prices in some parts of Bangkok remain unchanged from those four years ago, and even some areas have slightly declined in comparison. But it does not mean that these areas are "deserted and uninhabited". Some developers have already chosen their location for a long time, and the low land price is one aspect. But if there is no profit space, developers will not invest in the cost casually.
For example: Umini Bangkok International Apartment, the latest ultra-low total price project on uoolu.com, has 400 apartments in two buildings at the opening of the first phase. It has been snatched up by the local people for two days. The second phase is currently on sale, with an average of 10 groups of customers visiting each day and continuously degrading.
For this area, maybe the local people know their own value better than the foreigners, but after the project was launched, we’ve also visited the "chocolate ville" near the project. In fact, it is also the "tourist attraction" that many foreign tourists like to go to.
The project is located on the side of the main road, across the road, within 1 km of the project, Lotus Supermarket, Max Valu Supermarket, Phayathai International Chain Hospital and schools are all available. It is not a problem to meet people's daily needs. Moreover, Bangkok's current rail transit planning has extended to the region. Pink and brown lines connect Bangkok's Langman Airport and Suvarnabhum Airport, respectively. At the same time, they are in line with BTS and MTT. It is very convenient to go to the urban center.
In addition, at least 15 Thai local and international factory bases are found throughout the area. It is impossible for a large number of wage earners to find rental houses in the central area, and the supply of existing apartments in the vicinity is very limited. All these prove why Umini International Apartment is so popular with local people.
Bangkok's apartment market data report for the second quarter of 2019 shows that the average price of apartments in Bangkok has reached RMB 33,000/m2, while Umini Bangkok's International Apartments currently have road prices of RMB 12,000/m2, with a total price of RMB 250,000. The premium space is more than double that of the central area. Under the same rental income, the profits at the end of the month can be obtained. The moistening space is naturally higher. At present, this is still the price under the condition that the two track lines have not been opened. By the time the public transport is running, the income of land price increase has been clear at a glance.
Finally, to sum up, in Bangkok, Thailand will only use less and less land for housing or apartment development, but with the improvement of infrastructure, urban transportation will become more and more convenient, and regional land prices will only become higher and higher. If we miss the years of development of the "central area", we may as well broaden our sights. Some of the things that we are not familiar with, but are already warming up in the local area, may be the "profit margin" we have been looking for.