PROPERTY / MARKETING & PROMOTION
Bargains offered as companies clear stocks
KANANA KATHARANGSIPORN
Developers are trying to clear housing stocks by offering discounts and free furniture at the 16th Home and Condominium Fair at the Queen Sirikit National Convention Center until Sunday. Most of the condominiums on offer have already been launched and are suffering from slow sales.
There has also been a significant drop in condominiums developed by new companies because financial institutions are stricter about releasing project finance, said Kittisak Jampathippong, deputy CEO of the property brokerage Harrison. Harrison is offering 15 condominiums at the fair with only two new ones launched.
Bangkok Post