In The News
Another outside the box company has decided to enter Bangkok’s luxury condominium market.
The company repositions itself to focus on catering to a market that is still in high demand
High land prices and a cooling property market have made this condo segment a good investment.
Asia boasts five out of top 10 appealing cities for international retailers globally.
Big name developers have been active this year making a number of significant land purchases in Bangkok’s CBD.
Land sales in Bangkok are on the rise this year with the Chidlom and Ploenchit areas commanding the most interest and highest prices.
According to Mr. Yuthasak, in the first nine months of 2016, Thailand’s tourism industry is expected to generate a total of 1.88 trillion Baht (US$53.7 billion) for the Thai economy, representing a year-on-year increase of 14 per cent.
Thai Condominium Prices have shown a sixty percent rise since 2009 according to Thailand 's Central Bank.
Despite its economic woes, Thailand’s luxury real estate market is doing just fine. But that’s not unusual for a country where, come bull or bear, the market for luxury real estate continues expanding and diversifying.