Authorities and commentators are voicing concern about oversupply in the Bangkok condominium market, but CB Richard Ellis (Thailand) believes prospects remain good in the central business district (CBD).
A bird’s-eye view of central Bangkok, which CBRE predicts will remain popular for housing. Pattarapong Chatpattarasill
The property consultancy said new supply was limited in the core markets of Sukhumvit, Lumpini, Sathon, Phaya Thai and the riverside, with just over 100,000 completed units in these areas and a further 26,000 due to be ready over the next three years.
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