Professionals in the field predict that locations along mass transit lines which are currently under construction will stay popular among condo buyers and developers in 2015. Especially Nonthaburi and Thon Buri, where the Purple Line and Blue Line will be finished and start servicing within the next two years.

According to Samma Kitsin, director-general of the Real Estate Information Center (REIC), Nonthaburi would continue to be the most popular location for condo supply and demand among Bangkok’s five neighbouring provinces. Since, the Purple Line linking Bang Sue to Bang Yai is now with construction 96% complete and there will be a test run in August 2015. Together with the CentralWestGate shopping centre which will be opened on a 100-rai site in Bang Yai.

He also predicts that there will be more than 70,000 units of condos to be launched in 2015 because of the increasing number of mass transit lines.

By the end of June 2014, Nonthaburi had the second-largest condo supply with 29,848 units from 45 projects worth a combined 63 billion baht, while Thon Buri, ranked 14th for condo supply in 2014 with 5,486 units.

Via Bangkok Post