Thailand Prime Minister Yingluck Shinawatra said yesterday the government stands ready to go ahead with its Bt2-trillion transportation-infrastructure project as a means to prepare for enhanced Thai-Asean links and liberalised trade with both Asean and non-Asean partners.

According to a survey by the Agency for Real Estate Affairs, new residential-project launches in Bangkok in September dropped by 50% from the previous month in terms of number of projects, by 9% in terms of units and by 16% in terms of value.

Thailand property developers have expanded into the condominium market in tourist destinations, especially resort beaches in Chon Buri including Pattaya, where more than Bt200 billion in projects will have been launched this year to date and land prices have doubled in five years.