Bangkok Condominiums achieved over THB 150,000 per sqm in 2008

According to the latest CBRE Bangkok Property Report, the average asking price for off-plan condominium projects in downtown Bangkok (high-end and above) was THB 155,134 per sqm. (Click here to find out more about the Bangkok Property Report)

Although price declines have not been observed, buyers who have purchased off-plan are prepared to re-sell at prices two years ago. The effect on prices of completed condominiums in Bangkok, particularly upscale projects will be limited as there is little significant unsold inventory and prices are expected to remain stable.