Jump to content

Bangkok Property: Prices Up 4.6% In 2009


Recommended Posts

2 reasons I can think of.

1. Building material costs increased with price of oil

2. Higher domestic demand for new condo units as Thais are wary of the stock market and savings pay little or no interest

I don't think the resale non-luxury market is faring so well and is quite soft at the moment but no where near as bad as many western nations.

Link to comment
Share on other sites

2 reasons I can think of.

1. Building material costs increased with price of oil

2. Higher domestic demand for new condo units as Thais are wary of the stock market and savings pay little or no interest

I don't think the resale non-luxury market is faring so well and is quite soft at the moment but no where near as bad as many western nations.

The suspension or reduction of transfer taxes likely saw a lot more "honest" transfer prices reported.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...