01 Sep '15, 7am

#singapore #property Thai property market hit by recent bombing: The property market in...

#singapore #property Thai property market hit by recent bombing: The property market in...

Comment E-mail to friend Bookmark & Share The property market in Bangkok is expected to decline further after a deadly blast rocked the city recently. Demand for property was already soft before the bombing, and residential developers will reconsider, postpone and even scale down plans in the next four months, reported The Bangkok Post . Supalai, Property Perfect, Major Development and Noble Development are just a few of the developers that have postponed launches scheduled for this year. Thailand’s largest developer, Pruksa Real Estate, is also considering delaying some of its launches, while AP (Thailand) is now focusing on safer single-house and townhouse projects. “Developers should be more cautious of new investment, particularly in large projects that take a few years to develop,” Atip Bijanonda, President of the Housing Business Association, told the newspaper. “Mai...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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