Bangkok property market booms as year to year results and extrapolations from this year to the next show growth in all fields and an increased occupancy percentage while apartments and condos are built by the thousands.
According to a report published by the CBRE Thailand Research team as part of CBRE Global Research and Consulting, prices and rents in Bangkok have risen in most sectors in 2012. The report was created by a group of consultants who are experts in the real estate market, economic forecasting and consulting solutions for real estate investors across the globe. Based on in-depth analysis of the Bangkok real estate market, the report produces a market view of each of the city’s property sectors.
In Quarter two of 2012, the number of newly finished residential units in the Bangkok Metropolitan Region (BMR) was 31,559, showing an increase of 42.8 percent quarter-on-quarter and 55.8 percent year-on-year.
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