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Jan. 6--LALIN PLANS FIVE ESTATES: Lalin Property Plc plans five new housing projects worth four billion baht this year, with average selling prices of 2-4 million baht a unit, according to chief executive Chaiyan Chakarakul.
"The price is right to meet the real demand," he said, adding that consumers' purchasing power was still healthy even though interest rates are rising.
Mr Chaiyan said signs that the Bank of Thailand would begin to slow the pace of rate increases were a good signal to the business sector, while homebuyers would also find it easier to estimate and manage their expenses.
During the first nine months of 2005, the revenue of ...