Supalai upbeat on outlook for Ayutthaya
published : 7 Jan 2021 at 04:00
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AYUTTHAYA: After consecutive declines in the number of new residential launches since the second half of 2018, the Ayutthaya housing market is finally picking up thanks to the area s industrial estates and new transport networks.
Tritecha Tangmatitham, managing director of SET-listed developer Supalai Plc, said the Ayutthaya housing market will improve this year as it has six large industrial estates that help generate employment and spur housing demand. The market reached its peak in 2019 with the largest number of units transferred, but dropped last year because of the economic slowdown, he said.