Many new condominiums will be launched in 2018 says Colliers International Thailand

Tight lending is no curb to new Bangkok condo launches next year say Colliers International Thailand

Surachet Kongcheep, associate director of research at Colliers, said that despite consumers' low purchasing power and difficulty in borrowing, large property developers are set to continue launching new condominium projects.

During the first nine months this year, the number of new condominium supply launched in Bangkok totalled 42,790 units, almost double the 22,864 units launched in the same period last year.

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