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Bangkok real estate prices to climb.

Bangkok Post (Bangkok, Thailand)

| May 05, 2005 | COPYRIGHT 2005 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Nuntawun Polkuamdee

May 5--Tighter supply constraints in Bangkok's central business district will result in improved investment prospects in retail and commercial properties, according to Sumat Chantrasuriyarat, an analyst at Bualuang Securities.

While the residential housing market has already recovered beyond pre-crisis levels, the commercial market has been relatively slower to pick up.

But Mr Sumat said with occupancy rates in Bangkok nearing 70-80 percent, developers and project owners now had greater leeway to raise prices.

Local analysts and fund managers yesterday agreed at an investment seminar that prospects for ...

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