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News Forum - Thailand self-built home costs to rise at least 5%, as metal and fuel prices spike


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The prices of self-built homes are projected to rise by 5-8 percent, spurred by rising metal and fuel costs in the wake the war in Ukraine. Since Russia began its invasion of Ukraine last month, metal prices have increased by 50%. Key construction materials, various metals account for some 20% of home building costs. As a result, the prices of self-built homes are expected to jump significantly, according to Woravut Kanjanakul, president of the Home Builder Association… “Housing prices will be no longer controlled as soaring home construction costs were also attributed to fuel prices which affect both transportation and […]

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