Condo units are displayed at the 40th House and Condo Fair earlier this year. In Greater Bangkok, the amount of housing inventory that had construction completed totalled 95,462 units at the end of the first half. The REIC estimates the amount of new residential supply launched in Greater Bangkok this year at 112,044 units, down 23.2%. Low-rise and condo supply is to drop by 24.4% and 22.4% respectively to 46,010 and 66,034 units. Low-rise will increase by 5.9-16.5% to 48,000-54,000 units, while condo will either drop 1.7% or rise 8.2% to 65,000-71,000 units.
Source: Bangkok Post November 21, 2019 23:30 UTC