Large developers dominate property market - News Summed Up

Large developers dominate property market


Peerapong Jaroon-ek, chief executive of SET-listed Origin Property, suggested developers should have a clear business model, find a niche market and fresh demand. Good after-sales service was also another strategy condo developers should adopt or improve as it helps brand building and makes customers happy, Mr Peerapong added. PATTARAPONG CHATPATTARASILLLarge developers will continue to dominate the market this year due to the competitive edge from lower borrowing costs and more funding sources. Many played in every market segment, from those with unit prices lower than 50,000 baht per square metre to over 250,000 baht. Prasert Taedullayasatit, president of the Thai Condominium Association, said large developers controlled the market in the first half and would continue to do so in the second.


Source: Bangkok Post July 14, 2016 23:48 UTC



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