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Bangkok Post
Bangkok Post
Business

UNCOVERED: Developers require rejig to flatten prices - The Untold Story

Vichai Viratkapan Russia
An aerial view of high-rise buildings in Bangkok. (Photo: Sarot Meksophawannakul)

Residential developers should revise down unit sizes and adjust some features to keep housing prices flat, to accommodate sluggish purchasing power after prices were pushed up by higher costs caused by the impact of the Russia-Ukraine war.

Developers will also be more cautious about land purchases to avoid incurring higher costs from a new tax.

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