• Property

    Bangkok has a surplus of 100,000 new condos as Chinese buyers stay home

    Bangkok’s condominium market is facing its biggest challenge in decades with one of its key feeder markets sitting it out at home. The capital’s soaring condo market, once a favourite for Chinese investors, looks towards a bleak year with Chinese investors having other things to worry about, or simply unable to travel to Thailand, due to coronavirus fears. Bloomberg economists predict…

  • Bangkok

    Bangkok land prices plateau, new tax on the way

    Land prices in the Thai capital are forecast to plateau, or even drop this year. This would be the first time in more than ten years that Bangkok’s land prices have levelled off. So what is causing the sudden surge in land becoming available? Property and real estate consultants say the changes can be blamed on the general economic slowdown…

  • Property

    14% of condos around Bangkok are empty – good time to buy

    Looking for a condo around Bangkok? Now might the right time to take the plunge with the head of the Appraisal and Estate Agents Foundation saying some areas have between 8-14% vacancy rates, some areas of Bangkok up to 17.5%. Dr Sophon Pornchokchai made the remarks at a news conference yesterday. “Adding developer price wars, plus inducements to purchase, this…