According to statistics from Knight Frank Thailand Research, at the end of the first quarter of 2012, the total number of condominium offers was 6,094 housing units, 493 units were added in eight projects in the first quarter. For the same period, the number of villas increased by 108 in five projects and is 1,880.
According to Knight Frank, many European investors want to return to this market. In addition, the number of resort property buyers and investors from Russia and Singapore is growing.
Villas put on the market in the first quarter of 2012 cost on average between 15 million baht ($4.77 million) and more than 300 million baht ($9.5 million), and condominium housing costs less than 10 million baht ($318,147).
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