Townhouses dominated new housing launches in October, which totalled 31 projects and 5,192 units in all classes worth a combined 23.549 billion baht, up 14% from September, according to Agency for Real Estate Affairs.
New townhouses launched last month were 2,221 units or 42.8% of the total, followed by 1,591 single houses or 30.6%, and 1,103 condominium units or 21.2%.
The average price per unit in October was 4.536 million baht as 70% of new units were priced below 3 million baht.
Bangkok falls 19 places to 49th most expensive location worldwide
Locations reliant on international tourism have seen their rental markets hit especially hard during the pandemic, resulting in some major drops in the rankings. Bangkok has fallen 19 places to 49th, while Hanoi saw a similar drop of 12 places to 81st.
Is There a Silver lining amid COVID-19?
Thinking of the future impact of this pandemic on office buildings, it may have already dawned on many of us that a majority of potential long-term trends and health measures will become permanent work-life features in the times to come.
Thailand Raises Public Debt Ceiling from 60% to 70% of GDP
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Thailand Approves Package to Attract Wealthy Foreigners and Professionals
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Malaysia, Thailand banks to join the ASEAN Banking Integration Framework
Banking institutions from Thailand and Malaysia are invited to join the ASEAN Banking Integration Framework and indicate their interest to...
Climate Change Could Force 49 Million People to Migrate in East Asia and the Pacific
Out-migration hotspots in agricultural areas of central Thailand and Myanmar coincide with areas expected to see declines in both water...