THURSDAY, March 28, 2024
nationthailand

Property sector tipped to rebound 

Property sector tipped to rebound 

Thailand’s real estate market is forecast to rebound in 2018 as the local economy continues to recover, with condominiums to remain the top pick for consumers attracted to an urban lifestyles, the inaugural DDproperty Property Market Outlook report said yesterday.

Housing for senior citizens will also grow in popularity as developers compete for this section of the market amid an ageing population in Thailand, the research report said.
According to research on the supply side, 2018 may see even more projects from developers compared to 2017, so the real estate market is forecast to show signs of improved health next year.
In 2017, condominiums had the highest price index growth at 209 in the third quarter of 2017, compared to single-detached houses and townhouses. 
 

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