Showing 1-10 of 523 results
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Reaping the property stimulus rewards
Business, Kanana Katharangsiporn, Published on 18/04/2024
» The cabinet last week offered Thai New Year's gifts to potential homeowners, approving measures that extend the price range of houses eligible for a cut in transfer and mortgage registration fees to 7 million baht, up from a ceiling of 3 million baht.
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Developers want foreign quotas to be hiked
Kanana Katharangsiporn, Published on 17/04/2024
» Foreign ownership quotas for condos should be increased in certain areas to stimulate the economy as increasing demand from foreign buyers last year is expected to continue this year.
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Property tax rejig to amplify revenue
Wichit Chantanusornsiri, Published on 17/04/2024
» Amendment of the land and building tax law is meant to enhance both the efficiency of collection and levy an appropriate rate, while the criteria will have to be tightened to close tax loopholes, says finance permanent secretary Lavaron Sangsnit.
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Property stimulus bump to lift Thai stock market
Business, Nuntawun Polkuamdee, Published on 12/04/2024
» The recently approved property stimulus measures should help the Thai stock market as they significantly lower costs for homebuyers, with the cuts to transfer and mortgage fees applying to up to 70% of the units available in the property market.
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Sena unveils rent-to-own condo scheme
Business, Kanana Katharangsiporn, Published on 11/04/2024
» SET-listed developer Sena Development is launching a rent-to-own programme for ready-to-move-in condos, aiming to close sales of 1,000 units worth 1.4 billion baht by the end of the year.
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Cabinet endorses property stimulus
Business, Published on 10/04/2024
» The cabinet on Tuesday approved fresh property measures, including new cuts of the transfer fee and raising the limit for home and condo prices eligible for the transfer and mortgage registration fee benefits to 7 million baht, up from the current level of less than 3 million.
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New measures to boost 'sagging' property sector approved
Bloomberg News, Published on 09/04/2024
» The government has unveiled a slew of new measures including reduction in property registration and transfer fees to revive Thailand's residential real estate market.
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Property perks ‘could lift GDP growth to 4%’
Published on 09/04/2024
» The economy could grow by slightly more than 4% this year, driven by measures to boost the property sector approved on Tuesday, the Ministry of Finance said, as the government attempts to revive economic activity.
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Greater Bangkok housing market still tepid in Q1
Business, Kanana Katharangsiporn, Published on 09/04/2024
» Despite recording a 30% increase in visitor numbers at the House & Condo Show last month, the residential market in Greater Bangkok in the first quarter of 2024 remained unfavourable, attributed to poor purchasing power.
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Raimon preps trio of deluxe projects
Business, Kanana Katharangsiporn, Published on 05/04/2024
» SET-listed developer Raimon Land plans to launch three new luxury low-rise housing projects worth a combined 16 billion baht, while selling the One City Centre office building to generate revenue more quickly, aiming to turn a profit next year.
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