IDEAS home Printed from https://ideas.repec.org/p/arz/wpaper/eres2009_210.html
   My bibliography  Save this paper

Capital Strategy of For-Sale Property Development Companies in Thailand During Economic Recession

Author

Listed:
  • Sonthya Vanichvatana
  • Annop Peungchuer

Abstract

After the last economic crisis (year 1997 ñ 2000), 200 out off 2000 real estate development companies in Thailand had been able to survive. Experiences and strategies for surviving from past downturns by these developers are worth learning, as well as their preparations for the current business recession phase. This research studies business strategies applied to survive through the last economic slump and also the strategies planned to survive through the current crisis (year 2008 and afterwards). The scope focuses on for-sale property development companies, both low-rise (single detached, duplex, and townhouse) and high-rise (condominium). The survey will be with real estate developers who are the members of the three main real estate societies: namely, the Thai Real Estate Associations, the Thai Housing Business, and the Thai Condominium Association. The research analysis will compare surviving strategies of property development companies with different sizes (sale volume), product type (low-rise and high-rise, and different business experiences (duration in the business). The comparison between strategies used in the past and present economic recessions will also be conducted. The results from this research are expected to be beneficial not only directly to real estate developers, but also to academics and related governmental staffs.

Suggested Citation

  • Sonthya Vanichvatana & Annop Peungchuer, 2009. "Capital Strategy of For-Sale Property Development Companies in Thailand During Economic Recession," ERES eres2009_210, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2009_210
    as

    Download full text from publisher

    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2009-210
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arz:wpaper:eres2009_210. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Architexturez Imprints (email available below). General contact details of provider: https://edirc.repec.org/data/eressea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.