The sentiment of housing developers for the next six months declined in the third quarter, with the most significant drop relating to employment concerns after the government announced a minimum daily wage of 400 baht next year.
Vichai Viratkapan, acting-director general of the Real Estate Information Center (REIC), said the sentiment index for the next six months dropped to 60.1 in the third quarter this year from 62.1 in the previous quarter.
“The index remained above the median of 50.0, indicating developers maintained a…
