News Forum - Bangkok target 50,000 new apartment units by 2022

[Thaiger]

New apartments in Bangkok are expected to exceed 50,000 units in 2022, beating levels seen in 2020 and 2021 but still falling short of levels seen before the Covid-19 outbreak. If the war between Russia and Ukraine doesn’t escalate and further, and if monkeypox is kept under control, the prediction could be revised to more than 50,000 units, according to Neeranuch Kanokvilairat, the manager of research and consulting at property consultancy Edmund Tie & Co. “If monkeypox becomes an outbreak, it will affect overall investment and economic recovery. Developers are also keeping an eye on the Russia-Ukraine war as it […]

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[Janneman]

Bad investment. Bangkok is slowly sinking below sea level.