17.08.2010 - Big supply of unsold units to hit condo market in Bangkok
From Thailand-business-news.com: Previously, a bubble in the real-estate market was the main concern because it had been a key factor causing the economic crisis of 1997. Now, there is some fear of a bubble in condominiums because of a large supply of unsold units as of mid-year, Kasikorn Research says. According to the Real Estate Information Research and Valuation Centre, unsold homes and new housing completions as of mid-year totalled about 98,748 units, close to what was available at the end of last year..............................................Full Article: Source
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