In April, an exhibition of the construction company PD House Expo'22 was held in Bangkok and other provinces. PD House company is engaged in individual construction of houses. At the same time, 27 branches of the exhibition were operating throughout the country. In one month, sales amounted to 200 million baht.
65% of the houses were properties with a price of more than 10 million baht.
19% - properties priced at 5-10 million baht.
16% - houses priced at less than 5 million baht.
Sales in the provinces were much higher than expected. Despite the downturn in the economy, the demand for the construction of private homes is still quite high.
In the branch in Chonburi, one customer made an order for the construction of a house worth up to 45 million baht, which became the most expensive order.
An important reason is the volatility of prices for building materials, which continue to rise. This will affect the price of construction and housing prices in the future. Consequently, consumers hastily decided to build a house now. After signing the contract for the construction of the house, the price will no longer change until the construction is completed. Even though the price of materials on the market may rise.