Thai Property Too Expensive According to New Survey

• 26 October 2018
• Local News
• 773 Views

Thailand’s houses are too expensive and consumers are not satisfied with the market according to a recent survey conducted by a leading Thai property portal property.

DDproperty’s Consumer Sentiment Survey released in August showed that 70% of the 1,000 respondents thought property was too expensive in the first half of 2018.

61% believed that the Thai economy was performing poorly and real estate consumer satisfaction has dropped from 68% three years ago to 57% today. 83% believed that property was only going to get more expensive in the coming years and 69% believed that prices of newly launched properties should be regulated.

One of the most powerful future purchasing groups – those aged between 18 and 34 – are expected to have a big impact on the market and society.

• Analysis