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CBRE: Prime plots cheaper


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CBRE: Prime plots cheaper
The Bangkok Post
© The Bangkok Post
Landowners in prime Sukhumvit areas are offering land prices 30% lower than previous years as condo developers delay purchases, according to property consultant CBRE Thailand.
Kulwadee Sawangsri, executive director and head of capital markets for investment at CBRE, said the pandemic affected land transactions and prices last year.
“The pandemic acted as an accelerant,” Mrs Kulwadee said. “The property market became more tenant- and buyer-friendly, with occupiers gaining more bargaining power.”
There were more properties up for sale as landlords and property owners put their assets in the market to generate cash flow. ....

Krung Thep Mahanakhon , Aliwassa Pathnadabutr , Kulwadee Sawangsri , Sathon Road ,