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Bangkok at 33rd of 35 cities in CBRE survey

By on Apr 24, 2019 in Featured, Property News

Bangkok at 33rd of 35 cities in CBRE survey

Bangkok is ranked 33rd of the 35 most expensive cities while Hong Kong maintains its position as the world’s most costly place to live, according to the latest research by CBRE.

In the fifth annual Global Living Report, CBRE profiles the property markets across 35 major cities.The results highlight investments in urban areas such as transport infrastructure, connectivity, retail, cultural centres and housing as key drivers of economic growth.

The top three cities in the survey are Hong Kong, at an average of US$1.23 million per residential unit (about Bt39.52 million), followed by Singapore ($875,555 per unit, Bt27.97 million), and Shanghai ($874.372 per unit, Bt 27.92 million).

The property price in Bangkok, ranked 33rd, stands at an average of $106,383 per unit (Bt3.4 million).

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Source: The Nation – 24 April 2019

Nora has been in the Corporate Communications arena for a number of years. Nora's role is to communicate all newsworthy items that are of a PR nature.

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