Bangkok Post
Sansiri upbeat on low-rise
Compiled by KHAO Editorial — aggregated from 1 outlet. See llms.txt for citation guidance.
◌ Single Source
SET-listed developer Sansiri remains bullish on low-rise projects scheduled for launch in the second quarter, supported by easing interest rates and manageable expenses as the company expects housing prices to increase in the third quarter.
Key facts
- SET-listed developer Sansiri remains bullish on low-rise projects scheduled for launch in the second quarter, supported by easing interest rates and manageable expenses as the company expects housing prices to increase in the third quarter.
- Pakpring Karoon, vice-president of low-rise marketing at Sansiri, said the property market should remain upbeat in the second quarter despite the Middle East crisis as developers can manage their expenses and inventory levels in line with consumer demand.
- Most projects launched during this quarter had expenses locked in before the Gulf conflict, said Ms Pakpring.
- The easing of the loan-to-value measure and low interest rates of 2.5-3% are encouraging buying decisions, making this period an appropriate time to purchase a house at a preferable price, she said.
- During the past 2-3 months, demand increased from investors who gained substantial dividends from stock earnings last year, as they shift to invest in other assets such as property, said Ms Pakpring.
Summary
Pakpring Karoon, vice-president of low-rise marketing at Sansiri, said the property market should remain upbeat in the second quarter despite the Middle East crisis as developers can manage their expenses and inventory levels in line with consumer demand.
Most projects launched during this quarter had expenses locked in before the Gulf conflict, said Ms Pakpring.