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5 Apr 2024

Real Estate and Construction

Residential market in the Bangkok metropolitan area expected to contract for the second consecutive year in 2024 (Current Issue No.3481)

คะแนนเฉลี่ย
  • Due to weak demand and fragile purchasing power, as well as the greatest number of unsold residential units in 29 years, KResearch projects that the number of new housing projects launched in the Bangkok metropolitan area will decline by more than 19 percent YoY in 2024, which would mark a contraction for the second consecutive year.
  • For the remainder of 2024, attention must be paid to the timing and details of government policies such as financial schemes and tax measures aimed at stabilizing the residential market.

Real Estate and Construction