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The Coronavirus outbreak poses challenges for Thailand’s real estate market as potential Chinese condominium buyers remain stranded in China.
Condo oversupply exists in some Greater Bangkok locations but will eventually decrease as developers delay new launches in those areas.
High home prices and the current economic downturn have conspired to dampen consumer satisfaction with the real estate climate in Thailand.
One of the best residential addresses in Bangkok's CBD- Magnolias Ratchadamri Boulevard｜Waldorf Astoria Bangkok Hotel opens in August
Magnolias Ratchadamri Boulevard (MRB), the most sought-after residential address on Ratchadamri Road.
Of the many infrastructure projects gaining traction in Bangkok, the Bang Sue Grand Central Station will probably be the most impactful.
Beginning May 1, landlords will be barred from collecting more than one month's rent in advance, or from charging above state-provided prices for utilities.