Property developers air their gripes
- Published: 1 Jun 2012 at 00.00
- Newspaper section: Business
The property market will grow in line with the country's recovering economy this year, but regulations still obstruct its development, say property developers and analysts.
Thongchai Busrapan, president of the listed developer Noble Development Plc, said the property market will be good this year, but regulations, down payments and price supports will hamper growth.
Developers believe Bangkok's new city plan follows the US model, where it tries to reduce urban density.
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