Developers will reduce the amount of
condominiums in Thailand next year. Developers are expected to shift to low-rise housing, despite the current modest demand for this type of housing.
In the past two years, Thailand has recorded a decline in the demand of local residents by
condominiums, whose popularity has been observed for ten years. Nevertheless, interest in this type of
real estate from foreign investors continues to grow. Particularly popular are
condominiums have buyers from China. True, the Chinese government has recently been increasingly restricting the volume of money transfers to foreign countries.
According to experts, the decline in demand for
condominiums among Thai citizens is caused by the lack of a strong momentum in the context of investment due to the market slowdown
secondary housing and rental, which happened last year.
A Siberian company with an international name
GZHA.rf helps clients with questions
shopping,
CMP Realty is a real estate agency in Thailand, where qualified Russian realtors work.
