Thailand’s super-ultra luxury property sector continues upward trajectory

He made the comment on Tuesday while officially opening “Tait Sathorn 12” – a super-prime condominium in Sathorn. Up to 97% of the condo’s units have reportedly been bought up.

Despite challenges such as high inflation, increased living costs, economic deceleration and geopolitical uncertainty, the upper echelons of society are usually unaffected and continue spending at or above their usual rate, Korn said.

“When deciding to buy a premium product, wealthy customers can make decisions without being stuck with any conditions,” he added.

He also attributed the high-end property sector’s growth to foreigners seeking second homes in Thailand.

The kingdom’s attributes such as friendly people, religious tolerance, delicious cuisine and rich culture make it an attractive destination for wealthy investors, he added.

As for the latest ultra-luxurious condominium project,…