After Covid-19 hit the condo market, investment property developer Habitat Group decided to shift to low-rise houses focused on branded residences and vacation homes in Pattaya, aiming to increase its low-rise portfolio from 20% to 40% in a few years.
Chief executive Chanin Vanijwongse said the company spent time revising its plan as the condo market turned sluggish in 2020-21, degraded by the pandemic shortly after a slowdown in 2019.
