SET-listed residential developer AP Thailand Plc expects 43 billion baht in presales and 35 billion in revenue by the end of 2018, 10% higher than targeted, after 11-month presales overachieved.

Tough times for the residential property market in Udon Thani and Khon Kaen will continue into 2019 amid an expected poor economy and the Bank of Thailand's new requirements on mortgage lending, say local developers.

Some major provinces outside Bangkok have started to attract condominium developers, though market opportunities remain fairly limited.

Toronto’s housing market posted its biggest monthly sales decline since March while prices remained little changed.

Chia Meng Marketing Co, the marketer of Hongthong (Golden Phoenix) brand packed rice, has adjusted its business strategy by expanding its portfolio to cover the lower-end segment to help sales reach 2.5 billion baht next year.

Residential developers should seek strategies to cope with the Bank of Thailand's new requirements on mortgages, be cautious of new supply and manage financial liquidity as the new lending rules and rising interest rates will hit demand next year.