Chief executive Tanongsak Manotamraksa said although the target buyers of commercial houses were SMEs, many of which had been hit by the economic slowdown, those buying a commercial house usually had cash on hand for investment.
"Many SMEs may delay decision-making when buying a residential unit, but for business they continue buying as usual," he said.
"Some customers have shifted from using mortgages to cash to buy a commercial house, as they see a marginal gain from the bank deposit.