BANGKOK, 16th March 2018 (NNT) - Commerce Minister Sonthirat Sonthijirawong has opened the 38th House and Condo Expo which is on until March 18th at Queen Sirikit Convention Center.

Organized by the Housing Business Association, the Thai Condominium Association and the Thai Real Estate Association, the expo offers more than 1,000 types of houses and condos at various prices.

Free housing loan consultation services are provided at the event for those interested. Sales of houses and condominiums at the expo are expected to reach 4 billion baht by the time it comes to an end.

The minister said the real estate industry could grow by 7% this year compared to a stable 5% growth over the past three years. He claimed that factors such as higher purchasing power, invigorated tourism, private investments and banks' lenient loan requirements will contribute to the growth of the industry.