In Greater Bangkok, developers may keep launching new condominium projects on account of improved market sentiment, particularly in locations along new mass transit lines and in the middle to upscale segments. In Myanmar, due to a slowdown in the economic growth and the currently delayed tax amnesty bill which reduce the attractiveness of real estate investment, developers are likely to focus on units priced below US $74,460.

Greater Bangkok keeps launching new condominium projects

In the Philippines, the dormitel market is seeing positive signals given growing demand of young professionals who prefer to stay in comfortable but affordable living spaces near their offices within CBD, besides the dormitel concept’s advantages like small land requirements, low costs, short development period, and recurring income.