There are an estimated 100,000 empty condominiums in and around Bangkok. Photo: AFP
There are an estimated 100,000 empty condominiums in and around Bangkok. Photo: AFP

Bangkok has 100,000 empty flats and coronavirus will make oversupply even worse

  • Chinese buyers previously accounted for much of the foreign investment but that has been affected by the travel curbs and economic havoc
  • Even before the outbreak of the coronavirus, foreign interest flagged as the Thai economy, reliant on trade and tourism, slowed down

There are an estimated 100,000 empty condominiums in and around Bangkok. Photo: AFP
There are an estimated 100,000 empty condominiums in and around Bangkok. Photo: AFP
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