About 120,000 condominium units worth over 500 billion baht will be launched in Thailand this year and about half of them will be in Bangkok . Photo: Bloomberg

Bangkok condominium market heavily oversupplied, but unlikely to come crashing down soon

Developers admit supply has risen sharply; see a drop in operating margins

Topic |   International Property

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About 120,000 condominium units worth over 500 billion baht will be launched in Thailand this year and about half of them will be in Bangkok . Photo: Bloomberg
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