Developers take cautious approach
7 An artist s rendition of the Golden Neo Khon Kaen - Bueng Kaen Nakhon project that Frasers Property Thailand launched on May 8.
Property developers have become more careful in launching new residential project this year and are focusing on segments where demand is strong as the daily number of Covid-19 cases continues to escalate.
Thongchai Busrapan, chairman of Noble Development Plc, said the company delayed the launch of a new luxury condo project on Wireless Road The Embassy at Wireless from the second quarter to the fourth quarter as it is a big project worth 10.7 billion baht.