Townhouses making a market comeback
Published: 19/11/2009 at 12:00 AM
Newspaper section: Business
Townhouses dominated new housing launches in October, which totalled 31 projects and 5,192 units in all classes worth a combined 23.549 billion baht, up 14% from September, according to Agency for Real Estate Affairs.
New townhouses launched last month were 2,221 units or 42.8% of the total, followed by 1,591 single houses or 30.6%, and 1,103 condominium units or 21.2%.
The average price per unit in October was 4.536 million baht as 70% of new units were priced below 3 million baht.
AREA also noted a rise in luxury housing units priced above 20 million baht with 253 units or 4.9% of the total, but their value was 50.3% of total value or 11.836 billion baht.
