Foreign buyers are back in Thailand’s property market
Foreign buyers typically have higher budgets than Thai buyers, preferring to live in main business districts and along the banks of the Chao Phraya River.
Thai Condominium Prices show 60 percent increase since 2009
Apichart Chutrakul succeeded in transforming a small family construction business into one of the biggest developers in Thailand. He believes Thai Condominium Prices are still cheap in Thailand, despite a 60% price jump since 2009.
Expatriate apartment market in Bangkok is performing well
Most expatriates in Thailand only want to live in a limited number of areas which are Sukhumvit, Lumpini and Sathorn. They are only in Bangkok for two or three years and want to rent, not purchase their residence.
Will Prices Rise in Bangkok’s Old Condominium Buildings?
One of the strangest features of the Bangkok condominium market for Western purchasers is that prices of older condominiums do not move upwards at the same rate as newly-launched