Mixed-use projects are a noteworthy trend worth monitoring, as they seamlessly integrate residential and commercial components
- Thailand’s property market continued to slow in 2023. It was caused by a variety of causes, including a lack of economic recovery, high household debt, high inflation, and high-interest rates, all of which impacted Thai customers’ purchasing power.
- A total of 2,562 luxury condominium units were completed in 2023; Cloud Residences Sukhumvit 23, Walden Thonglor 8, Tait Sathorn 12 and Scope Langsuan, etc.
- The majority of these international consumers seeking for condominiums are from Asia, mainly Mainland China, Hong Kong, Taiwan, Myanmar, Singapore, and Japan.
- 98 Wireless stands out as Bangkok’s most expensive condominium development, with units priced at a staggering THB650 million. At a per sqm rate of THB685,654, it represents the epitome of luxury living in the city.
- The latest addition to Bangkok’s luxury branded condominium scene is Aman Nai Lert Residences Bangkok, located in the prestigious Phloen Chit area. Units range from 104 to 2,200 sqm with prices starting at THB800,000 per sqm. This marks the highest selling price for condominiums in the Bangkok CBD area.
