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Bangkok Post
Bangkok Post
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YOU WONT BELIEVE: Call to put chon buri condo supply on hold | Mind Blowing Facts

Chon Buri REIC Somchai Poomlard Vichai Viratkapan
Speedboats off the coast of Pattaya, Chon Buri, which currently has a large number of unsold condo units. (Photo: Somchai Poomlard)

Despite an improving residential market in Chon Buri in the first half, new condo supply should be put on hold as there is still a large number of unsold units, according to the Real Estate Information Center (REIC).

Vichai Viratkapan, REIC acting director-general, said the number and value of newly launched residential supply in Chon Buri in the first half were higher than the half-year average during 2020-21 as developers' sentiment had improved.

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