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Condo buyers in Bangkok: 50% are Chinese - less than 20% are westerners, boom expected post COVID

webfact
in Bangkok News

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20 hours ago, Pravda said:

 

As long as I'm staying at Conrad for less than $50 a day including breakfast (like I am today) there will be no real estate recovery in Thailand. First the hotels need to go back to previous levels, then rents need to go up to justify the multi million purchase price. What idiot would buy in Bangkok for 6million baht to have it rented for 13,000b a month. 

Exactly.

 

Just moved out of a condo selling for 6.5 million, advertised rent 26,000/month, but rented at 17,000/month

 

Have now booked into the Marriott for month, B&B, plus executive lounge (open bar 1600-2200) £45/night. Thank you very much. Could happily live here.

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  • FritsSikkink
    FritsSikkink

    What a racist BS, can you go back to your home country.

  • spidermike007
    spidermike007

    Totally fake news, and a totally ridiculous prediction. He honestly thinks the economy will just jump right back, as soon as this is over? Try 2026.    The pain will be felt for many years t

  • Boarn
    Boarn

    How is that racist?    Have you been spat on in a hotel lift? Have you been pushed and shoved out of the way at a hotel buffet or in a queue at a shop? Have you used the facilities

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