Business Services Industry
Thai Property Developer to Release Two Projects.
Knight Ridder/Tribune Business News, October, 2003
By Kanana Katharangsiporn, Bangkok Post, Thailand Knight Ridder/Tribune Business News
Oct. 7--The property developer NC Group will launch two more housing projects by the end of the year, in western and northern Bangkok, and at a site in Chon Buri next year.
Managing director Somchao Tanthathoedtham said the company would develop Baan Fah Rangsit Klong 2 in northern Bangkok and Baan Fah Green Park Royal Bhuttamonthon 1 in the city's western suburbs. The projects will have a total of 300-400 units with a total value of 1.1 billion baht.
"This is a golden year for homebuyers since it might be the last year for the real-estate business to receive government support, especially relaxed tax measures, transfer fees and low interest rates,"...
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