SUBSCRIBERS

Thai developer LPN sees condo market slowing

Published Thu, Mar 5, 2015 · 09:50 PM
Share this article.

Bangkok

THAILAND'S biggest condominium developer LPN Development pcl said on Thursday that the company is cautious about buying land as domestic demand for high-rise buildings weakens and banks restrict lending to home buyers.

Several property developers have changed strategies to focus on single-detached houses and townhomes after bookings of condominiums slowed in recent months, managing dire…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here