High-rise oversupply set to crash down | Bangkok Post: opinion - News Summed Up

High-rise oversupply set to crash down | Bangkok Post: opinion


Talk about a possible bubble in Thailand's property market has been something that has been making its rounds for the past few years, but thankfully none of the market talks have yet materialised. The property market, which had been blamed for the 1997 financial crisis, has been one of the hot topics of discussion among bankers and potential buyers alike. Bankers have, over the past 12 to 18 months, started to become more stringent in their lending to property projects and potential homeowners alike. With all the good news coming out of the country, one would expect that the property market would be doing well, but that is not the case. This would mean that if no new units come to the market, the demand for new units to be built would be needed in August 2019.


Source: Bangkok Post February 24, 2018 21:45 UTC



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