PROPERTY
Demand still strong for new condos
- Published: 30 Jan 2013 at 00.00
- Newspaper section: Business
Despite the large number of condominiums launched in Bangkok in last year's fourth quarter, the average take-up rate was 69%, says the property consultant Colliers International Thailand.
Surachet Kongcheep, the senior manager of research, said consumer confidence was strong, as there were no negative factors affecting the market last year.
Some projects were sold out in only one day or achieved a high take-up rate within a few days, showing the market remained strong, he said.
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