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Thailand – Colliers: Price cuts helped condo supply move along

Prices set at a 20% discount to those offered for existing nearby units and good locations were two factors helping new condo supply sell out during third-quarter launch periods, say property consultants. Phattarachai Taweewong, associate director of research and communications at Colliers International Thailand, said condo demand and supply recovered in the third quarter after […]

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Philippines: Car, motorcycle industries continue to languish

MANILA, Philippines — Local production and sales of motor vehicles and motorcycles  were down from January to August compared to last year’s performance as demand  continued to languish due to the  pandemic. According to the Association of Southeast Nations (ASEAN) Automotive Federation (AAF), motor vehicles assembled in the Philippines from January to August reached 39,171 […]

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