According to global rating agency Fitch Ratings, residential developers face the prospect of slowing growth as the expected weakening in consumer purchasing power is likely to suppress housing demand in Thailand.
According to property agency Colliers International, foreign investors have shown a lot of interest in forming joint ventures with Thailand's property firms to develop both residential and commercial buildings in this country.
The Thailand political conflict has not yet thrown a wet blanket on the real estate industry as residential demand is still sizzling, according to Pruksa Real Estate Plc.
Property Developers seek to make up for slow third quarter sales with promotions at upcoming Home & Condo Expo in Thailand.
Sansiri Public Company Limited, as one of Thailand’s leading property developers, was recently awarded Best Developer (Thailand) at the 2013 South East Asia Property Awards in Singapore.
Magnolias Ratchadamri Boulevard, a mixed-use development offering 316 luxury residences on Ratchadamri Road in Bangkok, has noted a particular uptick in interest by buyers from the Lion State, Singapore.
Thailand developer Supalai has introduced two new condominium projects worth Bt1 billion each in Rayong and Chon Buri provinces.