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Bangkok real estate continues to rise15.07.2014![]() Thus, prices for condominiums Samut Prakan, Pathum Thani and Nonthaburi rose 4.7%, while the cost of housing in general, increased approximately 3%.
Dr. Shammah Kitsin, CEO of REIC, journalists presented a detailed comparative statistics for the first half of 2013:
- Condominiums in the mid-price segment (50 to 80 thousand baht per 1 sq. m.) Rose by 9%;
- Condominiums Budget (up to 50 thousand bai 1 sq. m.) Rose by 7%;
- Class apartments above average (80 to 120 thousand baht per 1 sq. m.) Rose by 5.1%;
- Luxury apartments rose 2.1%;
- The cost of private homes increased by 3% in Bangkok and 3.3% in other provinces;
For some it may seem surprising, but as history shows, episodes of political instability in Thailand is not particularly affect the property market.
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