Property companies turn to low-rise homes as condo market cools - News Summed Up

Property companies turn to low-rise homes as condo market cools


The survey found the rise in demand for low-rise property, including single detached houses and townhouses during the second half of 2018. Demand and supply are growing for both detached houses and townhouses, and sales are expanding from the previous year. Meanwhile, the supply of townhouses increased by 21 per cent and demand expanded by 26 per cent; sales were 47 per cent of supply. Detached houses and townhouses in the suburban areas serviced by transportation linkages received a warm response from buyers. According to the market trend, most property firms plan this year to launch low-rise residential projects, including townhouses and single detached houses.


Source: The Nation Bangkok May 05, 2019 15:22 UTC



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