SC takes cautious approach amid oversupply in market

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Bangkok Post 1d ago

SC takes cautious approach amid oversupply in market - Bangkok Post

Quick Summary:

SET-listed developer SC Asset Corporation plans a more cautious approach to strategies and business plans this year, likely reducing residential project launches from last year as a substantial glut remains.

This figure fell short of the 28-billion-baht target set earlier and was lower than the 27.9 billion baht achieved in 2023.

According to Kasikorn Securities, SC plans to adopt conservative strategies and business plans in 2025, with the value of new project launches decreasing from 2024.