PROPERTY
Post-flood, resale homes bounce back
- Published: 11 Oct 2012 at 00.00
- Newspaper section: Business
Despite flood concerns, the resale home market this year has returned to normal, with Greater Bangkok the largest market as usual.
"Sales in flooded zones such as Nonthaburi have recovered, though buyers have delayed buying decisions for one or two months," said Voradet Sivatachanon, president and chief executive of the property brokerage ERA Franchise (Thailand).
Last year, ERA recorded sales of 5 billion baht, 30% of which were in the provinces and 70% in Greater Bangkok.
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