泰国业界：地震震动房地产市场

Core Insights - The earthquake on March 28 has significantly impacted buyer confidence in Bangkok's real estate market, potentially leading to the weakest quarter for property sales and transfers in 15 years [1] - New home sales, particularly for high-rise buildings, are expected to decline sharply in the second quarter of this year [1] - The anticipated new home sales in the Greater Bangkok area for the second quarter of 2025 may hit a record low due to consumer confidence issues [1] Group 1 - The earthquake has caused visible damage to high-rise buildings, leading to a delay in property transactions as buyers reassess safety [1] - The supply of new homes scheduled for transfer in the Greater Bangkok area is projected to decrease from 33 billion THB in the first quarter to 31.4 billion THB in the second quarter of 2025 [1] - There is a shift in buyer preference towards low-rise homes, as they are perceived to be less affected by earthquakes, reminiscent of trends following the 2011 floods [1] Group 2 - Developers are urged to focus on rebuilding buyer confidence by ensuring the safety of buildings through comprehensive inspections by qualified experts [2] - It is anticipated that over 50% of buyers waiting for property transfers may reconsider their purchases, with many potentially seeking to cancel transactions [2]