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Bangkok sees a rise in apartment occupancy

Posted on 19 March 2012

There is a positive move in Bangkok’s apartment market. According to propertyshowrooms.com the occupancy rate of apartments in Bangkok has “climbed in the final quarter of 2011 despite the supply of this kind of residence increasing.” The rate is in comparison to the previous three-month period and research by CB Richard Elllis (CBRE) Thailand shows a rise to 89.5 per cent.
This rise was at the end of the year and was up from around 85 per cent in the third quarter. In the downtown area of Bangkok a year-on-year rise of 3.6 per cent in the number of apartments available was recorded………………………………………..Full Article: Source


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