PROPERTY
Supalai warns of risks ahead of new city plan
- Published: 23/02/2012 at 08:05 AM
- Newspaper section: Business
With the new Bangkok city plan not yet finalised, land deals for condominium development should be postponed.
Supalai Plc managing director Atip Bijanonda said it was not worth buying plots for new projects, as planning requirements may end up being stricter in some areas.
"Developers should be very cautious. High-rise construction earlier allowed in some locations may be restricted," he said.
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About the author
- Writer: Kanana Katharangsiporn
- Position: Business Reporter
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