Despite an economic slowdown in the second half of this year, Thailand residential property market continues to show strong growth. Srettha Thavisin, the Sansiri president said this week.

"We do not need the government to launch any stimulus measures to boost the property market at this time," he said.

According to Real Estate Information Center (REIC) director-general Samma Kitsin says, Thailand property market has continued to grow at 5% this year thanks to strong demand for condominiums in the vicinity of the mass transit system.