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308/69, Thappraya Rd, Muang Pattaya, Bang Lamung, Chon Buri 20150

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Increase in construction costs

Increase in construction costs

The second quarter of 2023 saw a significant increase in real estate construction costs in Thailand. The increase in material prices, including tile prices by 12.5% and labor costs by 5.8%, raises questions about the impact of these changes on housing costs and the affordability of properties for buyers. This trend is causing concern among developers and buyers as the increased costs may affect the final prices in the market.

Increase in construction costs

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