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PROPERTY

Supalai suggests interest rate cut to stimulate more growth

Business, Kanana Katharangsiporn, Published on 10/05/2024

» The residential market has improved following the implementation of property measures last month, but interest rates should be cut to further stimulate growth, especially in the lower-income segment, according to SET-listed developer Supalai.

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PROPERTY

Major Chinese city scraps housing curbs as easing gains pace

Bloomberg News, Published on 09/05/2024

» HANGZHOU- Hangzhou, a major city in eastern China, removed all of its remaining homebuying curbs in the latest example of a local government pursuing aggressive easing to end the property crisis.

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PROPERTY

Measures help boost AP's townhouse sales

Business, Kanana Katharangsiporn, Published on 09/05/2024

» The property measures that commenced last month helped boost townhouse sales in April, while a possible rise in the daily minimum wage needs to be weighed against a drop in the price of construction materials, according to SET-listed developer AP Thailand.

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PROPERTY

Plus Property sets ambitious 2024 revenue goal

Post Reporters, Published on 24/04/2024

» Plus Property Co Ltd (PLUS) is reinforcing its leadership in comprehensive professional property and facility management, aiming to expand its business while maintaining its top position in quality. Over the past year, PLUS successfully managed approximately 400 real estate projects nationwide, covering more than 20 million square metres of area under management.

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PROPERTY

Minimum wage hits construction prices

Business, Kanana Katharangsiporn, Published on 23/04/2024

» The new daily minimum wage, which became effective in early January, drove up home construction prices in the first quarter, despite a drop in costs due to the influx of Chinese steel and the delayed disbursement of the government's budget.

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PROPERTY

Amending property rules likely to spur sales

Business, Kanana Katharangsiporn, Published on 19/04/2024

» Amending obsolete rules regarding property development can improve home purchasing power, enabling homebuyers to afford units, say developers.

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PROPERTY

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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PROPERTY

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

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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PROPERTY

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.