Global Serviced Apartment Industry Report 2023 | Page 66

GSAIR 2023 66
Asia
Rate Rate Rate Studio 1 bed 2 bed
Bangalore ( INR )
Average nightly rate from ( INR ) 9,563
7 nights ( weekly rate )
66,938
84,707
119,893
One month ( monthly rate )
306,613
325,076
532,990
3 month + ( 3 month rate )
621,142
1,042,466
1,288,054
Bangkok ( THB )
Average nightly rate from ( THB ) 2,983
7 nights ( weekly rate )
20,881
27,447
28,245
One month ( monthly rate )
72,281
80,127
119,858
3 month + ( 3 month rate )
186,531
215,725
298,342
Hong Kong ( HKD )
Average nightly rate from ( HKD ) 1,221
7 nights ( weekly rate )
8,546
12,600
26,489
One month ( monthly rate )
29,355
38,383
66,309
3 month + ( 3 month rate )
77,999
108,421
172,213
Mumbai ( INR )
Average nightly rate from ( INR ) 7,500
7 nights ( weekly rate )
52,500
107,153
107,695
One month ( monthly rate )
256,797
325,219
494,806
3 month + ( 3 month rate )
855,000
918,000
1,168,200
Singapore ( SGD )
Average nightly rate from ( SGD ) 251
7 nights ( weekly rate )
1,755
2,324
3,637
One month ( monthly rate )
6,587
8,065
11,125
3 month + ( 3 month rate )
17,652
22,054
31,455
Tokyo ( JPY )
Average nightly rate from ( JPY ) 27,076
7 nights ( weekly rate )
189,535
449,266
626,163
One month ( monthly rate )
387,598
409,397
605,166
3 month + ( 3 month rate )
1,084,388
1,724,985
2,813,805