Bangkok condo prices up 4.7%, single houses 3%

business July 07, 2014 00:00

By The Nation

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Greater Bangkok's residential prices have gone up in the first half of this year, according to a survey by the Government Housing Bank's Real Estate Information Centre.

While condominium prices increased by 4.7 per cent on average, housing prices rose by 3 per cent.
Condominiums surveyed are located in Bangkok, Samut Prakan, Pathum Thani and Nonthaburi. 
Samma Kitsin, the centre's director-general, revealed on Monday that compared to the levels seen in the first half of 2013, the prices of condominiums with average prices of Bt50,000-Bt80,000 per square metre rose the most, by 9 per cent.
Those sold for below Bt50,000 per square metre experienced a 7 per cent increase. Those quoted from Bt80,001 to Bt120,000 saw a 5.1 per cent increase. While luxury condominiums experienced a 2.8 per cent increase.
On housing prices, the prices of single houses in Bangkok rose 3 per cent, while those in other provinces went up by 3.3 per cent.

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