Property News · June 8, 2025

Bangkok’s housing glut spreads to Phuket as developers eye tourist demand


The housing glut in Bangkok is spilling over to Thailand’s southern island of Phuket as property developers capitalised on demand from tourists and retirees after buyers from mainland China and Hong Kong retreated from the market.
Some 10,000 new flats will enter the market this year, according to property consultancy Colliers, and new project launches are taking place on a weekly basis on the holiday island, according to property agents.
“Developers are counting on the upcoming high season to…

Source : South China Morning Post
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