residential real estate development process through participation: case study of Co-housing project and Baan Mankong project
Keywords:
development process, real estate, residential, participatory, Baan MankongAbstract
Residential is one of the largest sectors that has highest value in Thailand’s real estate market. When the market reached saturated predicament, real estate companies developed new projects trying to capture new market segmentation. In contrary, some real estate development types mainly focus on a production returns (mass product) rather than encouraging a sense of community to residents. In fact, cultural foundation of Thai
community are community-based culture and community social area. Apart from the real estate projects developed by the Thai Government, a number of developers tried to create the sense of community in housing projects through extensive participatory process. This article aims to study the participatory process in real estate development project comparing between government and private developers to examine lessons learned in applying
participation into the residential real estate development process in the future. The research was conducted on two case studies, which are co-housing project (Bandiaokan 2 project) and Baan Mankong project (Rung Manee Pattana Community).
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