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文章基本信息

  • 标题:Overall Conditions in 2005
  • 本地全文:下载
  • 期刊名称:Annual Economic Report / Bank of Thailand
  • 出版年度:2005
  • 卷号:1
  • 页码:20-20
  • 出版社:Bank of Thailand
  • 摘要:In 2005, overall real estate activities slowed down from the previous year in line with slowing demand, mainly as a result of higher oil prices and rising interest rates. Faced with these challenges, potential home buyers on average took longer time to make decisions. In a different financial environment, some switched to housing types that suited their purchasing power, for example, small condominium units in the city that located close to work with convenient transportation to save on commuting expenses. As a result, the number of newly completed and registered condominium units in Bangkok and its greater metropolitan area increased significantly in 2005. In addition, outstanding mortgage loans continued to expand, as most home buyers relied on credits from financial institutions to finance their purchases.
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