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PROPERTY

Foreign condo sales top pre-Covid level

Published on 04/04/2024

» Chinese and Russians topped the list of foreign buyers of condominiums in Thailand last year, with visa waivers and geopolitical conflict driving demand above pre-Covid levels, according to the Real Estate Information Center (REIC).

PROPERTY

Developers risk flooding the market, say analysts

Business, Kanana Katharangsiporn, Published on 28/03/2022

» Residential developers should be more careful in terms of unveiling new launches this year as their plans represent the highest level recorded in more than a decade, while unsold inventory could exceed 1 trillion baht, leading to a high level of risk, according to Asia Plus Securities.