By the second quarter this year, developers in Thailand were already offering discounts of as much as 36 per cent. Photo: Shutterstock By the second quarter this year, developers in Thailand were already offering discounts of as much as 36 per cent. Photo: Shutterstock
By the second quarter this year, developers in Thailand were already offering discounts of as much as 36 per cent. Photo: Shutterstock

Coronavirus pandemic hits Thailand residential property market already ailing from slow economic growth, protests and high prices

  • Thailand’s economy, which was among the slowest in Southeast Asia last year, is expected to contract by 8 per cent this year
  • Sales of residential units are expected to decline by 40 per cent year on year, Colliers Thailand says

Topic |   Thailand
By the second quarter this year, developers in Thailand were already offering discounts of as much as 36 per cent. Photo: Shutterstock By the second quarter this year, developers in Thailand were already offering discounts of as much as 36 per cent. Photo: Shutterstock
By the second quarter this year, developers in Thailand were already offering discounts of as much as 36 per cent. Photo: Shutterstock
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