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Although overall the real estate market in 2020 will slow due to the COVID-19 crisis. Economic contraction As a result of the housing credit control measure, or LTV, the purchasing รีวิวเกมสล็อต power and consumer confidence decreased. But when entering the final curve of the year The real estate market is starting to show signs of improvement. Both in terms of new projects that entrepreneurs rush to compress promotions coupled with a price war Boost purchasing power to release outstanding stock And second-hand homes that saw more consumer attention signals
New and second-hand homes in the wake of the COVID crisis
As most people have to work from home or live more at home during the COVID-19 epidemic, they start to feel that they need more space to be able to adjust to accommodate work and activities at home. More Instead of being in the condo Or a small area as before, thus making new projects such as horizontal projects more popular This is in line with the development of new projects of real estate entrepreneurs who start to focus on the low-rise market. Most of them are located on the outskirts of Bangkok or suburbs.
Real Estate Information Center The Government Housing Bank, or REIC, expects the 2020 low-rise market to see a new launch rate of 12.6% to 48,965 units, higher than the two-year average, and 2021 expects the low-rise market to launch new trends. Continued growth of 6.3% to 52,044 units, which will expand every quarter. From the third quarter of 2020 to the fourth quarter of 2021
The second-hand home market is also likely to grow. Whether it is a second-hand house, second-hand condos, both that the owner sells by himself Or auction through the Legal Execution Department that is sold by auction Or property foreclosed (NPA) from banks and financial institutions Are getting more attention during this time
Due to the price of second-hand homes that are 20-60% cheaper than new homes, people who are looking for housing with limited purchasing power. There is an opportunity to access second-hand homes at affordable prices in this economic climate. And also an opportunity for investors Come to invest in second-hand houses that have good returns. From higher house prices in the next 3-5 years
According to the REIC report, the 10 provinces with the highest number of second-hand residences were Bangkok, Nonthaburi, Chon Buri, Samut Prakan, Chiang Mai, Pathum Thani, Prachuap Khiri Khan, Phuket, Rayong and Samut Sakhon with 137,632 units, representing 90.18%, most of them in Bangkok and its vicinity.