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The Bangkok condominium market is growing in complexity

By on Jul 12, 2013 in Residential

BangkokResidentailq12013sThe Bangkok condominium market is growing in complexity as more products with different market dynamics, sizes and quality emerge.
New supply has continued to increase with approximately 7,600 units completed in the downtown and midtown markets this quarter.

Total midtown and downtown supply is now approximately 350,000 units where the majority of supply is in the midtown area and the market for downtown condominiums is now a low volume high value market with a limited amount of future supply.

Prices are rising for the best quality downtown completed projects and for the best located new downtown launches. Developers who want to achieve high prices have to convince buyers that their projects really do offer a higher quality and only the best located, best designed projects with high specifications will succeed. To continue reading or to download the full report, visit http://www.cbre.co.th/ResearchCentre/Research/Bangkok-Residential-MarketView-Q1-2013

Toby has been living in Bangkok for a number of years and has a strong research background. With his years in Thailand Toby brings a wide range of property knowledge to his research writing

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