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House and condo prices in greater Bangkok rise in past two quarters

House and condo prices in greater Bangkok rise in past two quarters

13 Sept 18:23 Key points summarised by AI
  • Greater Bangkok's new house and condominium prices have consistently risen over the last two quarters.
  • This price surge is primarily driven by escalating land prices, increased construction material costs, and higher labor expenses.
  • Single houses, townhouses, and new condominium units in Bangkok show significant year-on-year price index increases.
  • Conversely, new condominium prices in Bangkok's neighboring provinces have declined for three consecutive quarters, largely due to older stock and developer discounts.
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