Thailand Preuksa Real Estate Plc's sales doubled to Bt900million in January, from just Bt400million in December, and grew to Bt1.3billion in February, according to their chief operating officer Prasert Taedullayasatit in a Bangkok Post interview.
Things seem to be improving across the board in the lower end of Thailand's real estate sector, with up to 20 new developments launched this year so far, it seems some parts of Asia may be as quick to bounce back as they were to fall.
Other parts however do not seem so bouncy: high end condominium developer Raimon Land has frozen all new projects it planned to initiate this year, and is reviewing its development strategy.
