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Tuesday, May 14, 2024

Developers glum on outlook

A woman walks past miniature model houses on display at a House and Condo Fair.

Property developers have called for the new government to be formed as soon as possible as it would facilitate a speedy economic recovery and ultimately stimulate the housing property sector amid several negative factors and risks.

Apichart Chutrakul, chairman of Sansiri, said the situation regarding the Russia-Ukraine war remained uncertain at present, posing risks to the global economy.

“The sooner a new government is formed, the better it will be,” he said. “The property sector relies on the economy and follows economic growth because…

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