Residential developers are securing material prices with upfront payments and bulk deals, while streamlining logistics to cut costs ahead of oil-driven price increases. (Photo: Wisuttipong Rodpai)Residential developers are rushing to lock in construction material prices through upfront cash payments and bulk purchase agreements, while optimising logistics for cost efficiency ahead of further increases driven by surging oil prices. "We are offering upfront cash payments to secure these materials at favourable prices from the inventory that large developers have already frozen." He said these strategies will help to mitigate the negative impact of rising oil prices by controlling costs, preserving margins, and limiting pressure on residential unit prices. While operating costs remain unaffected, construction costs account for half of total development costs, with the other half attributed to land.

Source: Bangkok Post April 02, 2026 03:02 UTC