An aerial view of Grande Centre Point Space Pattaya.
SET-listed developer Land & Houses has reshaped its investment portfolio, amplifying its focus on recurring income properties, particularly hotels in Thailand and the US, while reducing investments in residential development.
Naporn Sunthornchitcharoen, chairman of the board of directors, said the residential market in Thailand remains under pressure from various negative factors, particularly economic challenges, household debt, and stricter pre- and post-financing conditions.
“Anticipating risks for this year is challenging, considering how the unexpected the war…
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