Showing 1-10 of 387 results
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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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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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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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Prospect allocates B22bn for expansion
Business, Kanana Katharangsiporn, Published on 03/04/2024
» Factory and warehouse developer Prospect Development Co will invest 22 billion baht between 2024 and 2028 to add new space covering 1.25 million square metres in total, with the aim of capitalising on growing demand in the market.
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New residential sales fell 22.5% in 2023
Business, Kanana Katharangsiporn, Published on 29/03/2024
» New residential units sold in Greater Bangkok in the fourth quarter of 2023 declined by 14.5% year-on-year, resulting in a 22.5% decrease for the full year, according to the Real Estate Information Center (REIC).
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Chinese buyers benefited from Hong Kong's property curbs removal
South China Morning Post, Published on 26/03/2024
» HONG KONG: Mainland Chinese buyers are aggressively snapping up new luxury homes worth HK$30 million (140 million baht) or more since the removal of all of Hong Kong's property curbs last month, JLL said.
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Tycoon's property unit sees earnings jump on tourism boom
Bloomberg News, Published on 26/03/2024
» A Thai developer of hotels and shopping malls controlled by Thailand's richest man expects the recent surge in international tourists to boost its first quarter earnings this year.
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Developers project 10% residential gain
Business, Kanana Katharangsiporn, Published on 22/03/2024
» The residential market this year is expected to grow by 10%, even though eased loan-to-value (LTV) limits were not approved, and interest rates might not decrease soon, according to property developers.
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