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Bangkok: High-end condo market losing steam

Posted on 03 October 2011

As the high-end condominium market remains sluggish, there are a number of resale units available in the Ekamai area, and the developer Gaysorn Property Co has had to maintain unit prices of its Mode Sukhumvit 61 since its launch in March this year.
Prices are between 120,000 and 140,000 baht a square metre, and Gaysorn has offered a discount of 10-20% for 10 units under a promotion to compete with resale units costing less……………………………………….Full Article: Source

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