HOUSING
With the post-flood homebuilding market in Greater Bangkok sluggish, homebuilder PD House Corp introduced raised designs to counter inundation concerns and lower-priced houses aimed at upcountry demand.
An artist’s design for a 200-square-metre raised house on 80 sq wah that will cost 3.5 million baht. PD House is trying to quell flood fears.
Chairman Sitthiporn Suwannasut said overall homebuilding market value this year will decrease by 30% to 6.8 billion baht from 8 billion baht in 2011 as flood worries persist in Bangkok and suburbs. But demand in the provinces has already rebounded.
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About the author
- Writer: Kanana Katharangsiporn
- Position: Business Reporter
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