Thursday, August 22, 2019

Property prices  Bangkok at 33rd of 35 cities in CBRE survey 

Apr 23. 2019
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By The Nation

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Bangkok is ranked 33rd of the 35 most expensive cities while Hong Kong maintains its position as the world's most costly place to stay , according to the latest research by CBRE.

 

 In the fifth annual Global Living Report, CBRE profiles the property markets across 35 major cities. The results highlight investments in urban areas such as transport infrastructure, connectivity, retail, cultural centres and housing as key drivers of economic growth.

The top three cities in the survey are Hong Kong, at an average of US$1.23 million per residential unit (about Bt39.52 million), followed by Singapore (US$874.372 per unit, Bt27.97 million), and Shanghai (Bt875,555 per unit, Bt27.92 million). 

Property price in Bangkok, ranked 33 rd, stands at an average of US$106,383 per unit (Bt 3.4 million). 

 

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