Since the Economic Crisis in the late 90's, Thai developers have realized the importance of quantitative research of the real estate market. However, there is a shortage of reliable data available to monitor the sector. Therefore, Raimon Land has decided to publish "Condominium Focus" as a tool to monitor the Condominium sector in Central Bangkok and Key Resort Areas of Thailand.

Bangkok Update - March 2010
    Key Findings
  • The Thai economy posted 5.8% GDP growth in Q4 2009, due to the rapid recovery of exports to Asian markets.
  • Domestic tensions persist but the impact has been on foreign, not local demand, which remains strong.
  • In the property sector, the Minimum Lending Rate is expected to stabilise during the first half of the year, though current inflation trends could trigger adjustments in the second half.
  • 1,087 units were transferred in Q4 2009 with an average price per square metre of THB98,551. Foreigners represented only 8.8% of these sales.
  • Thailand's economic recovery will mostly be prompted by robust growth in exports and tourist arrivals. Visitor numbers are expected to reach 15 million in 2010, boosted by a 40% leap in January 2010 over the same month last year.
  • The expiry of the government's tax incentives on 26 March 2010 will have limited impact on demand, which remains strong.
Bangkok Update - March 2010
    Key Findings
  • The Thai economy posted 5.8% GDP growth in Q4 2009, due to the rapid recovery of exports to Asian markets.
  • Domestic tensions persist but the impact has been on foreign, not local demand, which remains strong.
  • In the property sector, the Minimum Lending Rate is expected to stabilise during the first half of the year, though current inflation trends could trigger adjustments in the second half.
  • 1,087 units were transferred in Q4 2009 with an average price per square metre of THB98,551. Foreigners represented only 8.8% of these sales.
  • Thailand's economic recovery will mostly be prompted by robust growth in exports and tourist arrivals. Visitor numbers are expected to reach 15 million in 2010, boosted by a 40% leap in January 2010 over the same month last year.
  • The expiry of the government's tax incentives on 26 March 2010 will have limited impact on demand, which remains strong.





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