KKP sees housing prices rising 10% amid oil crisis - News Summed Up

KKP sees housing prices rising 10% amid oil crisis


KKP sees housing prices rising 10% amid oil crisisHomebuyers browse model homes at a housing fair. Phrakrit JuntawongKiatnakin Phatra Financial Group (KKP) forecasts that a surge in global oil prices will push housing prices up by 10% this year, primarily affecting homebuyers in the mass-market segment. Rising oil prices, driven by escalating tensions in the Middle East, have significantly increased construction material costs. Given the assumption of rising house prices, KKP expects the mid- to lower-income housing segment to face a substantial slowdown. Key affected zones include Rangsit–Pathum Thani, with 19,300 unsold units worth 67.5 billion baht; Bang Bua Thong–Nonthaburi, with 18,100 units worth 63.3 billion baht; and Bangna–Samut Prakan, with 16,400 units worth 57.4 billion baht.


Source: Bangkok Post April 07, 2026 23:40 UTC



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