Developers see revival for condos | Bangkok Post: property

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Developers see revival for condos

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Thailand's condominium market is expected to recover in the second half, driven by improving consumer confidence, say developers. 

"The market significantly recovered in June after a sluggish period from November 2013 to May 2014 when the political crisis was going on," Prasert Taedullayasatit, president of the Thai Condominium Association, told a seminar yesterday on the condo market.

In the second quarter, the condo sales rate in Greater Bangkok improved to 52% of new supply from only 38% in the first quarter.

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