Room Divider Ideas That Can Be Used in Apartments and Condominiums

When many people think of room divider ideas they think of erecting a wall or placing a sofa in an area to help split it up. Fortunately room dividers have come a long way in the past decade or so. There are many options and choices that makes your space not only private but functional as well. If you live in a dorm, apartment or condominium with other people it is sometimes difficult to find privacy. With some well placed dividers, you can maintain your privacy without installing doors or losing space. You can choose the sizes you need for your partitions and even purchase some that help absorb sound.

Room dividers can be very modern with a sleek contemporary appearance. Many have the smooth, clean lines that are evident with contemporary styles yet they are made of more modern materials such as plexiglass, fabricork or acrylic. Many classroom or office partitions are made of sound absorbing materials that prevent noises from emanating from either side. In the classroom they help prevent students from being disturbed from another teacher on the other side of the partition. In an office setting it keeps your conversations private.

Some room dividers are actually moveable walls that can be folded up along one wall or stored out of the way. These walls typically operate on their own track systems or are free standing on locking wheels. They can be used in a garage, gym or large open spaces where people might gather for events. They come in glass, wood, plexiglass, bamboo and vinyl materials that can either be folded or rolled up for easy storage. These types of dividers do not require doors as they can be left ajar for ease in entering and leaving the area.

Free standing screens are another great room divider idea that is relatively inexpensive when compared to other dividers. They can be shoji screens that allow diffused light to filter through rice paper and gently illuminate your space or they can be picture frame screens that let you display your favorite photos from both sides. You can use screens to cover up a laundry area, enclose a sleeping area or simply show two separate living areas. You can find this type of room divider that is made from bamboo with a design painted on the bamboo reeds or solid wood panels.

When you are considering room divider ideas, consider all possibilities for your space. Determine what you want to use the space in your house for, whether you want freestanding, sliding or folding dividers, your budget and whether they will be used as a replacement for an existing structure. Once you have determined all of this, contact local retailers to see what is readily available in your area. Not all types of room dividers are available in all areas and it may require the retailer to special order your purchase. Some room dividers may need to be installed by a professional so you may want to contact a general contractor to do the work for you.

Offices, Condominiums and Apartments – How Have Things Changed In The Past 10 Years In Bangkok?

Hi. I’ve been working as a real estate agent in Bangkok since 2006. In that time I have seen some changes, but surprisingly very little has changed. Let me explain.

Apartment Rental Prices Bangkok 2008 – 2018

Rental prices of most apartment buildings have increased very marginally over the past 10 years. Whereas a spacious 3 bedroom apartment in Sukhumvit area would have cost 70,000 Baht 10 years ago, it may cost you 85,000 Baht today. That’s only a 20% increase over 10 years, actually far less than inflation, and in many ways an apartment is cheaper now than 10 years ago.

Why? It’s difficult to say but I would guess that ongoing political problems, 2 coups, and a pretty stagnant economy barely kicking over at around 3% growth in GDP each year are the reasons. This level of growth may be acceptable for a world leading developed nation, but for Thailand that (let’s face it) still has some way to go in terms of development, it’s not very good.

The apartment rental market in Bangkok is mostly governed by expats. Thai people don’t rent at these prices, either they don’t earn enough, or are sensible enough to buy a property in the suburbs, or are part of the immensely wealthy elite and already own several blocks in central Bangkok. As the number of expats has remained fairly constant, so have rental prices.

Newly built condominium buildings have seen a rise in rental prices, and there will always be a small percentage of people who have sufficient budget and only want to live somewhere very new, something is particularly true of Japanese renters, but the new buildings will become old and once they have been constructed and a rental price has been established, you will notice that the price will stay relatively stagnant from then on.

This is actually the same with condominiums for sale. Once a building has finished construction, a sales price and rental price is established, and it will remain stagnant at this level for years to come.

But prices have been increasing in Bangkok, everyone knows that!! So am I wrong?

Condominium Sales Prices Bangkok 2008 – 2018

I don’t think I’m wrong. There are some condominium buildings that have experienced a very good level of capital appreciation in recent years, but “on average” they haven’t.

Yes, prices have been increasing significantly in Bangkok, and this is something that all developers will happily promote to you when selling you their brand new project. They will show you graphs with an upward trend in prices, and show you that prices are increasing at least 5-10% year on year.

Prices of brand new buildings have been increasing a 5-10% year on year, but not completed buildings.

This is mostly down to increases in land prices. As land prices increase (and to some extent construction costs) so have the cost of new buildings. So new buildings get ever more expensive, but are completed buildings following suit?

No. And this is why I’m not wrong. A building that cost 150,000 Baht/sq.m. 5 years ago, may now only be 160,000 Baht sq.m. In this example around 1.5% compound growth. This building was brand new 5 years ago, and a brand new building today still under construction might cost you 200,000 Baht/sq.m. which is 33% more than the new building was 5 years ago, hence the 5%++ compound growth.

But the fact remains, the building that YOU purchased 5 years ago may have increased only 1.5% compound per year.

This is the ongoing trend with Bangkok property. New buildings constantly set new benchmarks in prices, and then remain the same. With even newer buildings adding a layer on top, setting new benchmarks, and then remaining at the same level. Even newer buildings still, just keep adding another layer on top.

This is why you will find such huge price discrepancy between buildings, even if they are located right next door to each other. An example would be Lumpini 24, a new condominium located on Sukhumvit Soi 24, where prices will fetch around 250,000 Baht/sq.m. So, a 60 sq.m., tiny little 2 bedroom unit will cost around 15,000,000 Baht.

Immediately next door is an older condominium called President Park, where prices have remained stagnant at around 60,000 Baht/sq.m. So, a very spacious 3 bedroom unit of 260 sq.m. will cost you around 15,000,000 Baht.

Four times bigger, located immediately next door, but the same price! So the old adage “Location, location, location” doesn’t apply here. It is ONLY based on the age of the building.

Here is an example of a newer building for sale, 275sq.m. asking 80,000,000 Baht: http://www.property-bangkok.com/viewproperty.asp?id=587

Here is an example of an older building for sale in a similar location, 366sq.m. asking 21,000,000 Baht: http://www.bangkokcondo.org/viewproperty.asp?id=614

Yes, the new condominium is much nicer, better design with newer lobby and sparkling facilities. But is the variation in price fully justified. I mean, 4 times the price!

Baring in mind that the interior of the new condominium will age and need replacing, and if you bought in the older building you can renovated the interior to have it all brand new.

In any event, whether you buy in the new condominium or older building is neither here nor there, the main issue being raised in this article is that prices of new projects may have increased nicely, but once you have invested in your condominium unit, you may not realise the same level of growth that you were told by the developer.

The only ones really seeing huge capital growth, are the land owners. And these are mostly already very wealthy Thai people, as non-Thai’s cannot own land. It doesn’t help the majority of non-wealthy Thai people who still remain financially strapped.

Office rental prices have also remained quite static. Over the past 10 years office rental prices have increased marginally, similar to the apartment buildings. However, as most investors (both Thai and Foreign) seem fixated on condominium buildings, the price of office space for sale has also remained quite static, and arguably office units for sale provide the best option for rental returns, given that office leases are normally minimum 3 years, and you don’t need to renovate the office space like you would with a condominium, with the former requiring a whitewash lick of paint, the latter new furniture, new bathrooms, new kitchen etc.

This is not to say that it is a bad idea to invest in Bangkok real estate. But you need to consider office space and commercial properties as well as residential, and you need to very carefully consider the building, as I previously mentioned, some condominium buildings have seen good growth over the past 10 years, whereas most haven’t.

You need to have a good eye. Best of luck!