The residential property market index in the first quarter maintained an upward trend as it saw quarter-on-quarter growth of 10.4% to 86.8, almost matching the pre-pandemic level due to a strong recovery in demand and supply.
"Residential demand in the first quarter saw a significant growth with a higher absorption rate of both condos and low-rise houses," said Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC).
