Bangkok and its suburbs saw 24,168 new homes, collectively worth Bt78.44 billion, built in the first quarter of this year, at an average price of Bt3.24 million, the Agency for Real Estate Affairs reported on Monday.
LAND PRICES in the three provinces covered by the proposed Eastern Economic Corridor (EEC) have doubled over the past five years, fuelled by strong demand across the board for sites for industrial, commercial and residential projects, experts say.
DESPITE the various measures by the government to make housing more affordable, house prices continue to rise, although at a more gradual pace, participants at the “Post-Property Market Report 2016 dialogue” were told.
THE PROPERTY market in Bangkok’s Thon Buri area is poised for growth due to its population density and the near-completion of the extension of the mass-transit system into the area, according to research by Plus Property Co, a property-agency arm of Sansiri.
Office rents in Singapore’s central business district eased 1.2 per cent to S$8.90 (Bt220) per square foot a month in the first quarter of this year, while retail rents show signs of stabilising despite challenges, a property consultancy says.