The local property market continues to rebound thanks to stable interest rates, improved economic sentiment and stronger consumer confidence, say property developers. Thongma Vijitpongpun, chief executive of Preuksa Real Estate Plc, the country’s second-largest developer, said the number of units sold in the third quarter increased by 20% over the…Continue reading
Thailand’s second largest property developer, Preuksa Real Estate Plc, says its sales figures for the first two months of 2009 have improved markedly since December 2008, and the firm is now targeting sales of Bt3 billion for the first quarter of this year. Continue reading
Land and Houses, Thailand’s biggest home builder, expects no revenue growth in 2009 for the first time in more than a decade, due mainly to weak consumer confidence in an economic slowdown, a senior executive said. Continue reading
Medium-sized property firm Kanda Property has revised downwards its sales target for 2008, from Bt800 million to Bt750 million, following a significant drop in demand for residential projects in the first ten months of this year. Continue reading