Chon Buri condo projects face delays
- Published: 20 Mar 2013 at 00.00
- Newspaper section: Business
Condominium projects in Chon Buri may be hit by shortages of labour and construction materials despite strong demand driven by industrial estate expansion, say property experts.
Meesak Chunharuckchot, chief executive of Chon Buri-based developer Life and Living Co Ltd, said a major concern in the province's property market is that projects may be unable to complete construction as scheduled.
"Almost all residential projects in Chon Buri have good sales but their construction may be delayed," he said yesterday at a seminar on the residential situation in beachside provinces held by the Real Estate Information Center (REIC).
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