When investing in properties, investors are typically concerned about basic factors such as the design, floor plan, layout, facilities, and similar matters. However, external factors such as the neighborhood, transport networks, shopping facilities, and neighboring schools are also taken into consideration in determining the property price and rental yield of the project. This has always been the case in countries such as Hong Kong, UK, Australia, and Canada. Recently, Bangkok property investors have also started to take such matters into consideration.

Above:Two, three, and four-bedroom units for rent in the most popular expatriate locations such as Sukhumvit.

According to the Asia Life Magazine, Bangkok International Preparatory and Secondary School (Bangkok Prep), a leading private international school is opening a secondary campus on Sukhumvit 77. The land will be approximately 3 kilometres away from the existing campus on Sukhumvit 53, and conveniently accessible from BTS Onnut, Sukhumvit 71 and Ram Inthra, Narong Expressway. The campus will be surrounded by a private residential neighborhood and is scheduled to open in August 2017.

Above:Bangkok International Preparatory and Secondary School (Bangkok Prep), a leading private international school is opening a secondary campus on Sukhumvit 77.

Catering for students aged 12-18 years, Bangkok Prep’s secondary campus will offer classes from Year 7 – Year 13. The school’s current campus on Sukhumvit 53 will be turned into a primary school, offering classes from Nursery to Year 6 for students aged 3 – 11 years.

Bangkok Prep’s programme of study is based on the National Curriculum of England, offering high quality education to students from Nursery up to Year 13. A rigorous IGCSE programme (International General Certificate of Secondary Education) is offered to Year 10 and Year 11 students as a precursor to the Cambridge-approved A-levels available to study in Year 12 and Year 13, preparing students towards university education.

“We took the time to locate the most appropriate land for the school, and we are convinced that this site provides the perfect location for the new secondary campus,” said Valerie Thomas-Peter, Bangkok Prep’s Head of School.

Above:The school’s current student body is now 774, comprising of more than 39 nationalities with 57% non-Thai students.

Founded in 2002, Bangkok Prep has grown steadily in recent years in response to demand from expatriate and local families looking for high quality British education in a diverse and international community. The school’s current student body is now 774, comprising of more than 39 nationalities with 57% non-Thai students and the remaining 43% Thai students. Tuition fees start at Baht 390,000 per academic year. Approximately 500 students are expected to transfer to the new secondary campus.

According the CBRE, there are a growing number of expatriates working in Thailand and most want to rent rather than buy residential accommodation. A significant amount of the demand is for large two- to three-bedroom units, which outstrips supply.

Most of the new condominiums (multi-ownership buildings) are of the one-bedroom type. There are few new single ownership apartments being built, limiting the stock of two-, three-, and four-bedroom units for rent in the most popular expatriate locations such as Silom, Sathorn, and Sukhumvit.

Above: Sansiri’s residental project located at Sukhumvit.

In 2015, only two new apartment buildings targeting expats are expected to open in the central business distruct; The Philo Residence on Sukhumvit Soi 24 and The Willows on Sathorn-Narathiwas Soi 7. CBRE’s big forecast for 2015 is a likely increase in lump sum rents for two-, three- and four-bedroom units. This would be the first such rise in 25 years and would greatly benefit buy-to-rent condominium investors.

Part of the source from Asia Life Magazine