Demand for larger condo units in the resale market is poised to remain strong this year as the prices of new projects in Bangkok are still high despite their smaller sizes, according to property consultant CBRE Thailand.
Praphinleeya Phuengkhuankhan, head of the residential sales ad hoc team at CBRE Thailand, said condo buyers were looking for larger-sized units in good locations at reasonable prices.
“Most of the buyers in the resale market are end users purchasing a unit for their own use rather than speculating for short-term profit,” she said.
Resale condo buyers are interested in spacious units where they can have a separate working…
