Housing developers ‘showing more caution’ in Thailand

Developers in the Thai real estate industry are exhibiting a greater degree of caution in their investments, it has been claimed.

A report published by CB Richard Ellis (CBRE) Thailand noted that a slowdown in demand from speculators has largely driven the change.

In Bangkok, firms that are purchasing land for construction projects are focusing on the area around the route of the new purple line railway system, the organisation revealed.

Source: PropertyShowrooms.com