Post by account_disabled on Dec 30, 2023 9:04:53 GMT
Krung Thai Bank Research Center Assessing the value of transferring ownership of residences in Bangkok and the surrounding area last year was 536 billion baht, shrinking 5%. This year is likely to expand 5.5%, indicating condominiums in the Ratchayothin area. Interesting to buy for living There are up to 11,561 units to choose from from 35 projects along the Green Line extension that has just opened for service. Reasonable price level Cheaper than the downtown area by 51%, but not suitable for investment. Because it offers an annual rate of return of 3.2%, lower than other areas in the city. that gives returns 1.5-2.1 times higher Dr. Pacharapoj Nantaramas, Senior Director, Krungthai COMPASS Research Center, Krung Thai Bank, revealed that in the past year It is considered a year of correction in the housing market. Due to the use of the new LTV criteria starting from April 1, as well as having to face various negative factors such as high levels of household debt. and the appreciation of the baht relative to the yuan. As a result, Chinese buyers are of the view that housing prices in Thailand are higher.
It is estimated that the value of housing ownership transfers in Bangkok and Job Function Email Database surrounding areas will be worth 536 billion baht, a contraction of 5% compared to the same period last year. Divided into the value of transferring ownership of condominiums at 242 billion baht, a contraction of 11%, the value of transferring ownership of low-rise houses was at 294 billion baht, similar to last year. "For this year It is estimated that the housing market in Bangkok and surrounding areas is likely to expand by 5.5% compared to the same period last year. Divided into an expansion of condominium ownership transfer value of 4.5% and horizontal home ownership transfer value of 6% due to real estate operators. Turning to focus on low-rise houses Because most buyers actually live there. This year's housing market There are main supporting factors from government measures. In particular, the transfer and mortgage fees are reduced to 0.01% each, including the opening of the extension of the electric train route. Just like last year which has opened the northern Green Line extension From Mo Chit Station to the Ratchayothin area, there are another 5 stations, which results in the development of housing. Especially condominiums in that area."
Mr. Kanit Amsakul, analyst at Krungthai COMPASS Research Center, said he had done research on condominiums in the Ratchayothin area. Found to be one of the interesting locations for those looking for condominiums. Because it is convenient to travel and abundance in many dimensions It is home to a large office building. There is a famous shopping center. Important educational institutions Including hospitals There is a choice of 11,561 units from 35 projects. The selling price per square meter is approximately 93,600 baht for old projects and 138,000 baht for new projects. which is cheaper than condominiums in the city Ploenchit-Chidlom, Silom-Sathorn, approximately 51%, and areas around the city such as Rama 9-Phetchaburi-Asoke, Ratchathewi, and Phaya Thai, approximately 29%, and although there are as many as 2,910 units remaining for sale in the area, the remaining units for sale are in a downward direction. It shows that there is no oversupply situation when compared to the situation of condominiums along the Purple Line. "Condominiums in the Ratchayothin area are suitable for real living.
It is estimated that the value of housing ownership transfers in Bangkok and Job Function Email Database surrounding areas will be worth 536 billion baht, a contraction of 5% compared to the same period last year. Divided into the value of transferring ownership of condominiums at 242 billion baht, a contraction of 11%, the value of transferring ownership of low-rise houses was at 294 billion baht, similar to last year. "For this year It is estimated that the housing market in Bangkok and surrounding areas is likely to expand by 5.5% compared to the same period last year. Divided into an expansion of condominium ownership transfer value of 4.5% and horizontal home ownership transfer value of 6% due to real estate operators. Turning to focus on low-rise houses Because most buyers actually live there. This year's housing market There are main supporting factors from government measures. In particular, the transfer and mortgage fees are reduced to 0.01% each, including the opening of the extension of the electric train route. Just like last year which has opened the northern Green Line extension From Mo Chit Station to the Ratchayothin area, there are another 5 stations, which results in the development of housing. Especially condominiums in that area."
Mr. Kanit Amsakul, analyst at Krungthai COMPASS Research Center, said he had done research on condominiums in the Ratchayothin area. Found to be one of the interesting locations for those looking for condominiums. Because it is convenient to travel and abundance in many dimensions It is home to a large office building. There is a famous shopping center. Important educational institutions Including hospitals There is a choice of 11,561 units from 35 projects. The selling price per square meter is approximately 93,600 baht for old projects and 138,000 baht for new projects. which is cheaper than condominiums in the city Ploenchit-Chidlom, Silom-Sathorn, approximately 51%, and areas around the city such as Rama 9-Phetchaburi-Asoke, Ratchathewi, and Phaya Thai, approximately 29%, and although there are as many as 2,910 units remaining for sale in the area, the remaining units for sale are in a downward direction. It shows that there is no oversupply situation when compared to the situation of condominiums along the Purple Line. "Condominiums in the Ratchayothin area are suitable for real living.