Supalai sees sector improvement in H2

SET-listed Supalai estimates the property sector will pick up in the second half as concerns subside over US tariffs and earthquake resilience, while the company continues to maintain a diversified portfolio covering both the middle and luxury segments.

- MOLPASORN SHOOWONG

Tritecha Tangmatitham, managing director of Supalai, said the middle segment is the most robust market, with average prices of 80,000 baht per square metre, or 2-3 million baht per unit, which accounts for the majority of its project launches this year.

The luxury residential market has slowed from last year, while the lower-end segment is grappling with a high loan rejection rate, he said.

Chief executive Prateep Tangmatitham said buyer sentiment is gradually recovering following the March 28 earthquake, while concerns over US tariffs eased after Thailand was assigned a 19% rate, and interest rates appear to be on a downward trend.