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Oversupply and pandemic concerns send condominium prices tumbling

The situation is the same in Thailand, where condos in Bangkok’s central business district tumbled more than other Southeast Asian cities, according to a survey by property group Juwai IQI. Prices of condominiums in the Thai capital’s central business district fell by 6 percent in the first quarter, year-on-year. Singapore saw a 7.6 percent rise, Kuala Lumpur prices jumped 5.9 percent and Ho Chi Minh City saw a 0.7 percent gain.

Source: Khmer Times 

Read more: Khmer Times

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