Monday, March 16, 2009

It's a selling opportunity for Bangkok Property

Thailand's property market has faced a slowdown in the past few months. However, the result is not as negative as it might seem. Because the property market in Bangkok is much more affordable than other Asian cities such as Hong Kong, Singapore and Tokyo. This brings a lot of international businessmen and expatriates to the city looking for high quality property.

The property that is attractive to the middle and upper-middle income buyers are typically one and two bedrooms units ranging in size between 45 square meters to 80 square meters. For the high-end market, the ultrahigh net worth individuals are looking for two and three bedrooms from 90 square meters to 190 square meters in the Sathorn, Silom and Sukhumvit areas.

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