Property brokerage firm Harrison will double its investment budget to 2 billion baht this year to acquire completed but unsold condominium units in bulk from developers, capitalising on attractive investment opportunities amid the prolonged property market slowdown.
Sahatchai Kwancheun, senior vice-president for project investment, said many developers continued to hold large inventories of completed condominium units and were increasingly willing to offer discounts on bulk purchases to accelerate sales and improve cash flow.
