Friday, 11 April 2008

Luxury condominiums in Bangkok


Bangkok's luxury condominium market will become more active this year and the new supply will continue to be limited, according to leading international property consultants CB Richard Ellis.

The high-end and luxury markets, which faced a slight moderation in 2007 generally due to the low market sentiment, will become more active in 2008. Last year, the major focus in the Bangkok condominium market was in the mid-range market where projects are located close to the sky-train or other public transport system. This segment will continue to grow and become more competitive.

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