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Price-size of condos that are most popular among foreigners

25 Mar 2023

Price-size of condos that are most popular among foreigners

Real estate information center Reveal the price and size of condos that are most popular among foreigners The price level does not exceed 3 million baht, number one. and the most popular size, size 1 - 2 bedrooms, area 31 - 60 sq m.

In the fourth quarter of 2022, the most condominium units transferred to foreigners Will be in the price range of not more than 3.00 million baht, with transfers of 1,812 units, representing 47.9 percent of the total number of 3,780 units, followed by the price range of 3.01 - 5.00 million baht, with 968 units, representing 25.6, with the other 20.7 percent being the price level of 5.01 -10 million baht.

Consisting of price levels of 5.01 - 7.50 million baht, 440 units, representing 11.6%; price levels over 10.00 million baht, 345 units, representing 9.1% and price levels of 7.51 - 10.00 million baht, with the lowest number being 215. units, representing 5.7 percent respectively.

It was found that condominium units priced no more than 3.00 million baht are the price level that most foreigners prefer to transfer ownership from 2018 to the present.

In the fourth quarter of 2022, the most popular unit sizes among foreigners are 31 - 60 square meters (type 1 - 2 bedrooms), with the number of units transferred to foreigners 1,842 units, accounting for 48.7%. Followed by units with an area of less than 30 square meters (studio or 1 bedroom), with a total of 1,290 units, accounting for 34.1 percent.

Next is a suite with an area of 61-100 square meters (2 - 3 bedrooms or more), a total of 438 units, accounting for 11.6 percent, and a suite with an area of more than 100 square meters (3 bedrooms or more) with the smallest number of 210. units, representing 5.6% respectively.

Considering back to 2018, it was found that condominiums with a size of no more than 30 square meters and sizes of 31 - 60 square meters were the most popular types of apartments for foreigners. The proportion of total units transferred over 80% in each quarter.









Source:https://www.bangkokbiznews.com/property/1059676

Date 25/3/2023

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