BKK luxury condo market remains buoyant
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Super prime condominium units in Bangkok, with selling prices above Bt300,000 per square metre or approximately US$8,600, are still attracting buyers, reflected by the 5.23 per cent increase in selling prices in the first half of this year.
According to Knight Frank Research, the average selling prices of super prime units jumped from Bt303,250 per square metre at the end of 2015 to Bt319,095 at the end of the first half of 2016, or an increase by 5.23 per cent.
In the same period, the selling prices of prime condos, of which price tags start from Bt200,000 per square metre, increased from Bt226,350 to Bt242,313, or 7.05 per cent.
