RealData weekly · 2026-10-18 · spread
5 Thai Condos Yielding 7+ pp Above the Mortgage Rate
With the Bank of Thailand MRR at 7.1%, a yield spread of 2 pp is considered healthy. All five condos below clear 7 pp. The outlier is Anna Condominium Ladprao 130 in Bang Kapi, where a ฿1.14M average sale price and ฿14,161 monthly rent produce a 14.95% gross yield — a 7.85 pp spread over the benchmark rate.
This week's numbers
Bangkok Entry Point: High Yield, Low Ticket
Anna Condominium Ladprao 130 is the cheapest unit on this list at an average ฿1,136,960 — roughly a third of the Pattaya beach condos — yet it leads the entire screen on yield at 14.95%. That combination of sub-฿1.2M entry and a 7.85 pp spread over MRR is unusual for Bangkok; Bang Kapi typically trades on capital-gain narratives, not income math.
The risk is liquidity: a small, off-BTS building in Ladprao has a narrower resale pool than beachfront stock. Factor that into hold-period assumptions.
Pattaya-Jomtien Cluster: Four Condos, Tight Spread Band
The remaining four are all Chon Buri / Pattaya-area assets with yields clustering between 14.37% and 14.75% — a 38 bp range that signals genuine market-level pricing rather than one outlier. Marina Golden Bay carries the highest rent at ฿49,000/month against an average sale price of ฿3,986,000, while Siam Oriental Star offers the lowest absolute entry in the cluster at ฿1,920,000.
Jomtien Condotel and Village and Porch Land 2 Jomtien Resort sit at nearly identical price points (฿2.45M vs ฿2.47M) and identical rents (฿30,000), making foreign-quota availability and flood-zone data the differentiating variables — check the building-level reports before choosing between them.
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This post is part of RealData's auto-generated weekly series, drawn from our live measurement of every Thai condo we can find across hipflat, dotproperty, ddproperty, and fazwaz. Every number cited above was re-verified against the live database immediately before publish. See more at /blog.