Japanese electronics company Panasonic has announced plans to enter Thailand’s modular construction housing market, citing the growing demand for detached properties in urban areas.
Together with Thailand’s Steel International, Panasonic has opened an "Experience Centre" – a two-storey model home showcasing its technology.
Panasonic will start offering homes that contain inbuilt appliances, such as air purification devices, at the beginning of this fiscal year.
It is currently operating in the Taiwanese, Malaysian and Indonesian housing markets.
In 2019, Panasonic teamed with Toyota to work on connecting homes and vehicle technology, and in 2016 started working with Tesla on the large-scale production of photovoltaic cells and modules in New York state.
Image courtesy of Panasonic