Residential developers should be more careful in terms of unveiling new launches this year as their plans represent the highest level recorded in more than a decade, while unsold inventory could exceed 1 trillion baht, leading to a high level of risk, according to Asia Plus Securities.
Therdsak Thaveetheerathum, deputy director of the research division, said 342 projects worth a total of nearly 448 billion baht of new residential supply are scheduled to be launched in 2022, derived from 18 listed developers.
