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Friday, May 3, 2024

Bangkok Post – Stimulus expected to spur developer confidence in Q2

Homebuyers browse deals at a property expo recently held in Bangkok. Housing developers are expected to be more confident in the second quarter following stimulus measures.

Sentiment among housing developers is expected to significantly improve in the second quarter following the implementation of property stimulus measures approved earlier this month.

The current situation index for housing developer sentiment in Greater Bangkok in the first quarter is at 48.3, lower than the median of 50.0 for five consecutive quarters, according to the Real Estate Information Center (REIC).

“An index below the median indicates…

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