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Owner-occupancy Rate Rising in Bangkok

Posted by admin on October 20, 2014
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In fact, owner-occupancy rates in the Bangkok Real Estate market substantially increased up to 82% because of a strong demand and a lack of new supply in the city since most developers have lowered their investment plans lately.

 

In 2013, owner-occupancy rates only represent about 77% of all condominiums according to real estate consultant and agency Plus Property.

 

Phahon Yotin Road and Chaeng Wattana show the highest rates, as both areas are located nearby governmental institutions and corporations.

 

However, the Sukhumvit area (and especially from BTS Chit Lom to BTS On Nut) gathers the highest density of tenants occupying condominiums as of now.

 

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