The occupancy rate of apartments in Bangkok climbed in the final quarter of 2011, compared to the previous three-month period, despite the supply of this type of home increasing.
Research conducted by CB Richard Ellis (CBRE) Thailand revealed occupancy in such developments had jumped to 89.5 per cent at the end of last year, up from around 85 per cent in the third quarter.
Meanwhile, there was a 3.6 per cent year-on-year rise in the number of apartments available in the downtown area of the Thai capital.
However, the condominium market in Bangkok did not perform as well, with the vacancy rate of this sort of development increasing, while supply also rose.
Investors seeking to enter the Thai real estate market may therefore want to turn their attention towards schemes for new apartments, rather than condominiums.
A poll conducted recently by Century21 and the architecture and planning faculty at Thammasat University discovered 34 per cent of respondents will take the likelihood of flooding into account when selecting a home, following the extensive damage caused last year when parts of Bangkok were badly hit by rising water levels. As a result, demand for apartments and condominiums may increase.
Article by +Peter Mindenhall on behalf of Propertyshowrooms.com
ที่มา : propertyshowrooms.com
อ่านเพิ่มเติมได้ที่…Bangkok apartment market ‘performing well’
Bangkok apartment market 'performing well'
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