Housing Market in the Bangkok Metropolitan Region (BMR)

Posted by Tawikarn Kingthong on 13 September 2022 02:12 pm


Janejira Prangchaives (Faii)

Almost 2 years from the start of the domestic spread of COVID-19, the housing market in BMR has shrunk consistently, mainly due to weaker consumer spending from the slowing economy and heavy oversupply, especially in the condominium market that has forced developers to postpone their projects.
However, several developers are more confident in 2022 and are gradually launching housing projects that they have been holding back on selling last year. New unit numbers were 57,633 units in the first half of 2022 which is higher than the total new units launched in the full year of 2021.

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