The cost of resale apartments in many popular condominiums "astronomically" Bangkok has grown since the start of projects, according to the portal on real estate in Thailand the DD the Property , based on data from CBRE Agency.
Thus, the draft CBRE The Park Chitlom apartment prices rose by almost 100% since its opening 11 years ago. In 2004, the average cost per square meter in the apartment was THB110, 000, and today they are sold at the rate of THB215 376 / sq. m. This is absolutely not a unique case in the market of real estate in Bangkok, said DD Property. The Athenee Residences, also opened sales in 2004, the average cost per square meter was 000 THB120 - and today has grown to 508 THB224.
Projects launched not so long ago, also rising in price, according to the CBRE report. The Raimon Land, which at 185 Rajadamri at the opening of sales in 2011. The cost per square meter was THB220, 000 - and 2014 has increased to 582 THB292.
CBRE noted that the location and quality of construction are key factors to increase the resale price of housing in the premium condominiums in Bangkok - and this is what to look for when deciding on investments.
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