Top Reasons Why Millennium Tower Real Estate is Booming in 2024.
Despite its well-documented structural issues, Millennium Tower in Bangkok has become one of the hottest real estate markets in 2024. Prices have skyrocketed due to a perfect storm of factors: deep discount pricing from sellers looking to exit, luxury amenities and prime location, and an influx of cash-rich buyers viewing the leaning tower as a unique investment opportunity. The building’s engineering challenges have largely been addressed, restoring buyer confidence. With only a finite number of units, demand has outstripped supply, leading to bidding wars. Millennium Tower has become the epitome of scarcity driving value in an otherwise cooling housing market.