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THE PRICE of a luxury condo in a prime location in Bangkok hit a record-high Bt720,000 per square metre recently.

That was the asking price of a ready-to-move-in unit at Sansiri’s flagship 98 Wireless condominium project at its grand opening last week.

The Bt8.7-billion project has only 77 units, ranging in price from Bt70 million to Bt650 million. The starting price is Bt580,000 per square metre, and the highest price Bt720,000 per square metre for a fully furnished unit.

“We believe that after the grand opening our starting price will increase by up to 10 per cent, and this project may reach another price record of Bt1 million per square metre very soon,” Sansiri chief executive officer Apichart Chutrakul said recently.

http://www.nation...y/30309566