Property News · February 26, 2018

Bangkok condominium market heavily oversupplied, but unlikely to come crashing down soon


Drive past the Sukhumvit-Asoke intersection in Bangkok and you may have noticed a new hoarding has come up in the past few days advertising a special discount for buyers of a high-end condominium project on Sathon Road that until recently was being touted as having been 100 per cent sold out.
This is not a stand-alone case. If you dig deeper you will find that the demand for property in Thailand, especially in the capital Bangkok, has slowed down over the past couple of years, although most…

Source : South China Morning Post
Read more…Bangkok condominium market heavily oversupplied, but unlikely to come crashing down soon

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