Stock Exchange of Thailand-listed property developers owned the largest share of supply in the Bangkok condominium market during the first half of the year.
Research from real estate agency Plus Property discovered the total offered supply of condominiums in Bangkok during first half of 2015 stood at a total of 86,761 units.
Big developers (public listed companies) has the highest share of this supply at 58.28 percent. The highest share of supply was offered by LPN Development with 10.95 percent – or 9,497 units – mostly in the outer areas of midtown and suburban Bangkok such as Nonthburi, outer Sukhumvit and the Suvarnabhumi areas with price less than THB 60,000 per sqm.
Following in terms of supply was Pruksa with a share of 9.21 percent – or 7,987 units – again in the outer areas of the capital such as Nonthaburi, Bangsue and the Rama 2 areas, with prices of less than THB 70,000 per sqm.
In the middle market areas of Bangkok, such as Ratchadapisek, with prices of between THB 80,000 per sqm to THB 120,000 per sqm, Supalai had a market share of 5.11 percent with 4,430 units.
For the medium-sized developers (such as limited companies), affiliated companies of public companies and others small developers, their share of the market was 33.31 percent, 8.38 percent and 0.03 percent respectively, according to the real estate agency.
