Knight Frank reveals that the super prime and prime condo market has an average sales rate of 80%, with the "Sukhumvit" area still the hottest location of all time. The location of international schools pushes their value up.
Nattha Khapana, Managing Director of Knight Frank Thailand Company Limited, said that the market for super prime condos priced at 15 million baht or more per unit and prime priced at 10-15 million baht per unit in Bangkok in the second half of the year. In the past, there was only 1 super prime condominium project opening with 180 units, while there was "no" new supply of prime condominiums. As a result, the average sales rate of super prime and prime condos is as high as 80%.
“The return of the Chinese group has resulted in the market being lively. and additional factors used in project selection The location is close to an international school.”
Overall, the expansion of the super prime and prime condo market continues to grow steadily. Although the land for development is less But the demand in this market is high! among Thai and foreign buyers
“Location” is also the main factor that makes buyers decide to invest in this group of condos, which can create continuously increasing value. Therefore, it is popular to buy these condos to resell in the future because they believe that they can still make a good price even though they are "second-hand condos".
Land in prime areas in the CBD or Central Business District, such as Silom, Chidlom, Sukhumvit, are popular all the time. Meanwhile, condos near international schools in the CBD area are starting to play a bigger role among foreigners. Especially the Chinese
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