Bangkok luxury condo price soars to new record - News Summed Up

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Bangkok luxury condo price soars to new record


The Bt8.7-billion project has only 77 units, ranging in price from Bt70 million to Bt650 million. The starting price is Bt580,000 per square metre, and the highest price Bt720,000 per square metre for a fully furnished unit. Meanwhile, Mandarin Oriental Bangkok has also broken records in the Chao Phraya riverside area, with prices of Bt620,000 per square metre the highest ever for penthouses in the city. Jones Lang Lasalle research shows that 1,308 luxury condominium units, priced at more than Bt250,000 per square metre, were launched into the Bangkok market last year. Of all the luxury condos put on the market since then, 57.6 per cent have found buyers, JLL said.


Source: The Nation Bangkok March 19, 2017 18:06 UTC



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