The requested news item does not exist. Please return to News
Whilst an ongoing dim economic outlook has overshadowed prospects in the Bangkok property market, JLL expects the market in 2015 to perform better than last year.
The Bangkok property market performed moderately well overall in 2014. Though all property sectors across the city were hit by the political turmoil in the first half of the year, conditions in most sectors picked up in the second half year as the political situation started stabilizing. Whilst an ongoing dim economic outlook has overshadowed prospects in the Bangkok property market, JLL expects the market in 2015 to perform better than last year.
Mrs. Suphin Mechuchep, Managing Director of JLL, says: “The Bangkok property market was generally resilient in 2014. All of the property sectors JLL monitors, including offices, retail centres and luxury condominiums, continued to register growth in rents and selling prices.”
“Among a number of key factors that helped prevent these property sectors from crash in 2014 were a generally fair balance of supply and demand and the return of political stability in the second half of the year,” Mrs. Suphin explains.
There are a number of factors that make JLL optimistic about the outlook for 2015:
Marketing & Communications
02 624 6400