A Study on Condominium Market Situation in Bangkok Thailand

BENYAPA, KONGMALAI (2015) A Study on Condominium Market Situation in Bangkok Thailand. In: Third International Conference on Advances In Economics, Social Science and Human Behaviour Study - ESSHBS 2015, 28-29 December, 2015, Bangkok, Thailand.

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Abstract

Bangkok the capital city of Thailand has changes its social patterns and behavior of Thai end-user purchaser. Mostly to Thai single family to choose to live in condominium in city center and midtown. This will effect to the driving the growth of the mass transit condominium market which will still continue to grow in the future, especially in the areas along the new mass transit lines. This research aims to analyze and synthesis ideas about the current condominium situation in Bangkok by document research and analyzed by content analysis from books, articles, documents, web sites and related research since year 2012 - 2015. The results showed that the effect of business fallen will lead the condominium market mark up the prices. Average condominium selling will continue to increase slightly in 2015. But new developments are increasingly competing for buyers with second-hand units in the same locations at lower prices. Meanwhile the demand for a condominium located in the Central Bangkok District still rising and will concern on the criteria that will affect prices such as a location, the trusted in developer even when the business stream has fall down. And the 4 factors of investment or when people decided to pay a decision on a condo are 1. The segment of condo 2. The location of the building 3. The public mass transportation 4. The budget constrain.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Microeconomic, Condominium, Thailand Condominium, Bangkok Condominium, Bangkok Condominium Market
Depositing User: Mr. John Steve
Date Deposited: 02 Apr 2019 10:10
Last Modified: 02 Apr 2019 10:10
URI: http://publications.theired.org/id/eprint/1076

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