Thailand residential market update

[the-monk]

Developers take a hit

Good read for a better understanding of the present Thai Housing Market....

http://www.bangkokpost.com/business/new ... take-a-hit

[Balthasar G.]

Having recently visited several housing projects under construction I get the impression that in some way or another Udon seems to dodge this trend. Many houses in these projects are sold before being constructed.

[George4]

I read somewhere some time back that the banks will not loan money on the construction until X% has been sold