The price index of low-rise houses in Greater Bangkok picked up in the first quarter of 2021 after decreasing for three consecutive quarters because of rising demand, according to the Real Estate Information Center (REIC).
Vichai Viratkapan, the centre’s acting director-general, said demand for low-rise houses in Greater Bangkok was on an upward trend, driving the price index of low-rise houses in the first quarter to increase to 128.2 from 127.8 in the fourth quarter last year.
Greater Bangkok saw three consecutive quarters of price index decline for single houses, duplex houses and townhouses during the second to fourth quarters of 2020 as a consequence of the pandemic last…
