Bangkok Post - Amending property rules likely to spur sales bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
Business leaders and stock market analysts welcomed the premier's statement vowing to dissolve parliament next month ahead of an election likely to take place on May 7.
The government's decision to withdraw its proposal to sell land to prospective foreign investors has been supported by key business leaders, with the move seen as having no significant impact on the Thai property market.
Industry leaders are alert to heavier rainfall as flooding can deal a further blow to the economy, though many of them do not believe certain business activities will be drowned as happened in 2011.
Low-rise housing developer Kanda Property Co will diversify to condo, hotel and wellness in the next few years and plans to launch six new projects worth a combined 4.7 billion baht in 2022, aiming for a growth of 10% in presales and revenue.