Housing Segmentation in Developing Countries in Transition: A Recent Case Study of Residential Development in Bangkok

This article utilizes case study research of the residential market in Bangkok to investigate residential development and market segmentation in developing countries with emerging market economies. The article first considers the process of economic reform and transformation before examining the entrepreneurial, legal, and institutional environments in Thailand and evaluating the pattern of urban growth in Bangkok. Segmentation studies are then presented by product type, price level, and spatial distribution before conclusions from the case study are generalized to developing countries in transition.