Eight large developers launched or plan to release 4,600 residential units with an expected combined sales value of 50 billion baht on 1,300 rai in Nonthaburi, marking the first time they will be developing next to each other, while hoping to avoid direct competition.
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The residential property market index in the first quarter maintained an upward trend as it saw quarter-on-quarter growth of 10.4% to 86.8, almost matching the pre-pandemic level due to a strong recovery in demand and supply.
Low-rise houses continued to outperform condos in the first quarter, mainly attributed to presales of single detached houses, semi-detached houses and townhouses from large developers.