Property Prices in Chiang Mai, Thailand

Index Info
Price to Income Ratio: 12.41
Mortgage as Percentage of Income: 93.24%
Loan Affordability Index: 1.07
Price to Rent Ratio - City Centre: 19.90
Price to Rent Ratio - Outside of Centre: 18.25
Gross Rental Yield (City Centre): 5.03%
Gross Rental Yield (Outside of Centre): 5.48%
Rent Per Month
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Apartment (1 bedroom) in City Centre 13,105.26 ฿ 8,000.00-20,000.00
Apartment (1 bedroom) Outside of Centre 7,911.76 ฿ 4,500.00-10,000.00
Apartment (3 bedrooms) in City Centre 27,000.00 ฿ 20,000.00-35,000.00
Apartment (3 bedrooms) Outside of Centre 16,000.00 ฿ 10,000.00-25,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 5,629.88 ฿ 4,645.11-111,482.72
Price per Square Feet to Buy Apartment Outside of Centre 3,089.00 ฿ 2,787.07-5,574.14
Salaries And Financing
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Average Monthly Net Salary (After Tax) 18,900.00 ฿
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 4.38 3.00-7.00

These data are based on 118 entries in the past 18 months from 28 different contributors.
Last update: November 2023

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