Flood crisis alters property landscape
- Published: 21/10/2011 at 02:25 AM
- Newspaper section: Business
Flooding will be a factor in the purchase of both new and resale residential units, but people should not panic as Bangkok has been under a "protect and pump" regime for a long time, industry executives say.
Issara Boonyoung, the president of the Business Housing Association, says the risk of flooding has been a factor in decision making for certain locations on the outskirts of Bangkok for many years and residents have been able to live with the on-and-off floods.
Areas such as Bang Kapi and Ramkhamhaeng used to have floods in the past but are now generally safe from inundations.
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About the author
- Writer: Post Reporters
- Position: Reporters
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