SET-listed developer Supalai Plc is expecting year-end presales to exceed the 28-billion-baht target after recording 18.2 billion baht in the first half, as several negative factors subsided in the second half.
Tritecha Tangmatitham, managing director at Supalai, said the interest rate was not worrying as expected because an increase was not greatly different and being enforced immediately, so it might just slightly affect homebuyers.
"We don't think the impact of the rising interest rate will be much," he said. "When the interest rate declined in the past, residential sales at the time did not soar and vice versa at the moment now."
