Investing in Chiang Mai Real Estate Through REITs — Is It Possible?
Some investors want exposure to real estate without directly buying property. REITs may be an interesting alternative. This article explains the differences and helps you decide.
What Is a REIT?
A Real Estate Investment Trust (REIT) pools money from multiple investors to purchase large real estate assets such as office buildings, hotels, and shopping centers, then distributes rental income and profits to unit holders.
REITs in Thailand
Thailand has several real estate fund types. A REIT focused specifically on Chiang Mai does not yet exist on the Thai stock exchange, but some REITs include Chiang Mai assets as part of a larger portfolio.
REIT vs Direct Property Investment Comparison
Minimum investment: REIT THB 1,000-10,000 | Direct property THB 1-2 million+
Liquidity: REIT very high (sell any trading day) | Direct property lower
Control: REIT none | Direct property full
Return: REIT dividend 4-7% per year | Direct Rental Yield 5-8% + Capital Gain
Risk: REIT price volatile with stock market | Direct property more stable
Who Is REIT Best For?
Best suited for
- Investors with limited capital (under THB 1 million)
- Those wanting passive income without property management
- Those wanting diversification without multiple property purchases
- Those needing high liquidity
Direct property is better if
- You have THB 2 million+ in capital
- You want full control and management
- You want direct Chiang Mai property capital gain
- You also need the property as a residence
MORE Value. MORE Trust. Always.
Contact us today for a free consultation:
Line: @morecm | www.morepropertycm.co.th
Aurakanya: +66 83-236-9428
Eknarin: +66 96-236-9745
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