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