Bangkok’s property market continues to show price growth with an eight-point increase in the DDproperty Property Index from 205 to 213 in the first quarter of 2018. A strong opening for 2018, this growth is on the back of an improving economic outlook and an expected increase in Gross Domestic Product (GDP) this year to 4.2 percent (up 0.3 percent year on year), and in part due to the rising cost of developing projects in the popular but densely built-up areas in Bangkok. The Index increased by 213 percent over the last three years, fuelled by escalating land prices, which are in turn dictating the type of projects being built
Bangkok property trends continue to point upward
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