Vote!

What’s in store for Bangkok real estate in 2018?

Bangkok’s real estate market has witnessed tremendous growth over the last five years. Since 2013, more than 300,000 new condo units have been launched, 1.3 million square metres of new retail space has opened and nearly 800,000 sqm of new office space has completed, not to mention healthy growth in the hospitality and logistics sectors. In 2018, the underlying drivers of the recent growth cycle are changing and creating new challenges for the market’s leading players. Property consultancy JLL reveals some of the trends that are shaping the Bangkok real estate market this year. Andrew Gulbrandson, Head of Research at JLL, says “Rapidly rising land costs continue to represent a significant challenge for the market today. The recent annual increases around the market of 10-15% per year are pushing developers in new directions.” With only a handful of exceptions, it is no longer financially feasible to acquire new freehold land...

 

If you wish to read the full news article, What’s in store for Bangkok real estate in 2018?, simply click on 'Read full story' below, but give us a 'LIKE' or share 1st .

 


Post date:
Date Modified:

 

Read full story...

 

 

 

 

Thailand News Phuket News  /  Asian Travel News South Korea - Malaysia - Singapore - China - Philippines - Laos - Burma - Cambodia - Vietnam - Indonesia

 

 BACK TO: Phuket Hotel Deals - Phuket Flights - Phuket Travel Articles - Phuket News - Phuket Real Estate - Asia Jobs

 

Scroll to Top - Sitemap