Q1 launches worth Bt80 bn

TUESDAY, APRIL 23, 2013
Q1 launches worth Bt80 bn

New residential projects launched in Bangkok and its suburbs in the first quarter amounted to 29,783 units worth Bt80 billion, 78 per cent of them condominiums, according to a survey by the Agency for Real Estate Affairs (AREA).

 

When these first-quarter launches are combined with existing homes already for sale, the total is 79,942 units worth Bt214.24 billion.
AREA estimates that a total of 119,132 units worth Bt319.76 billion will be launched this year, up 16.7 per cent and 6.65 per cent respectively from 2012.