Deciphering Bangkok's condominium market | Bangkok Post: news

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Deciphering Bangkok's condominium market

Even in the same location, apartments may have wildly differing prices, so it is worthwhile seeking advice before you buy

  • Published: | Viewed: 2,576 | Comments: 0
  • Newspaper section: Spectrum
  • Writer: Aliwassa Pathnadabutr
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Why is it that condominium prices in the same location of Bangkok can be so different? When looking to buy a condominium, most people start by choosing the location. Once they have made that key decision, they then look for information on condominiums for sale through the internet, classified advertising and estate agents. They will notice that condominiums in the same location have various price ranges per square metre, whereas in some countries the prices per square metre for properties in the same location will be similar. 

photo: Bangkok post arc hive

For example, in the Lumpini area, between Athenee Residences and All Seasons Mansion — two developments of similar quality located just a few hundred metres apart — there is a big difference of about 50,000 baht per square metre in achieved selling prices. Somkid Gardens and New House on Phloenchit Road serve as another set of examples of the wide gap in prices.

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