Call us on +66 (0)76 383-646

Start your search

Loch Palm Courtyard Villas | Large Well Maintained Three Bedroom Villa with Large Private Swimming Pool
Loch Palm Courtyard Villas | Large Well Maintained Three Bedroom Villa with Large Private Swimming Pool
Refcode: HSIL9759
12.5M THB
Four Bedroom Super Villa for Sale with Private Pool and Only 7 minutes from Layan Beach
Four Bedroom Super Villa for Sale with Private Pool and Only 7 minutes from Layan Beach
Refcode: HSIL9758
46.0M THB
New Luxurious Three Bedroom Pool Villa for Sale  only 7 Minutes from Layan Beach
New Luxurious Three Bedroom Pool Villa for Sale only 7 Minutes from Layan Beach
Refcode: HSIL9757
26.0M THB
Most Recent
Back to news
[ 2021-04-30 ]

Thailand Condo Price Index Sees Slight Decrease

The price index of condominiums for sale in Bangkok and its surroundings in the first quarter of 2021 decreased 0.8 per cent compared to the previous year, the Government Housing Bank’s Real Estate Information Centre (REIC) reported.

Condo price index sees slight decrease

“Although condominium prices are contracting slightly compared to 2020, condos in Bangkok have seen their prices increase by 0.2 per cent when compared to the previous quarter,” said REIC acting director-general Wichai Viratakaphan.

“This trend has driven developers to continue launching promotional campaigns until the end of the year to help sell condos in stock,” he said.

“This is thanks to the government’s economic stimulus measures to boost the real estate business by lowering property transfer fees and mortgage fees for cheaper condos,” he said.

The measure, which will expire at year-end, cuts property transfer fees from 2 per cent to 0.01 per cent and mortgage fees from 1.0 per cent to 0.01 per cent for buying condominium units priced at Bt3 million or lower.

Regarding promotional benefits offered by condominium developers to prospective buyers in the first quarter of 2021, 46.1 per cent were free gifts (furniture, electrical appliances), 35.1 per cent featured cash discounts and 18.9 per cent were fee waivers upon ownership transfer, the REIC said.