The SET-listed developer M.K. Real Estate Development Plc will launch four low-rise projects worth a combined 3.2 billion baht this year because it believes single houses and townhouses are more secure and flexible than condo projects amid the political uncertainty.
Assistant managing director Chutima Tangmatitham said the number of new projects and their value will outnumber those in 2013, as the company will do business as usual despite the crisis.
"We will do business under the short-term ups and downs of the economy. If the political crisis ends quickly, we will launch a condo project by the end of the year. If not, it will be next year," she said yesterday.
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