Showing 31 - 40 of 215
Residential demand slows greatly in Chiang Mai
Kanana Katharangsiporn, Published on 18/03/2024
» Residential demand in Chiang Mai began slowing in the second half of 2023 and has continued through the first two months of this year, largely attributed to shrinking purchasing power caused by the economic slowdown and higher interest rates.
Russians control residential leasehold segment in Phuket
Business, Kanana Katharangsiporn, Published on 15/03/2024
» The value of residential units in Phuket leased long-term by the top 10 foreign nationalities almost tripled to 12.8 billion baht in 2023, mainly driven by Russian buyers fleeing the conflict in Europe as the foreign quota for condos was filled in many areas of the island.
Mortgage rejection rate soars after pandemic
Business, Somruedi Banchongduang, Published on 12/03/2024
» Following the pandemic, there has been a surge in the rejection rate of housing loan applications, attributed to would-be homebuyers' weakened debt repayment capability, stemming from the sluggish economic growth and higher cost of living.
Ananda readies seven projects worth B18.6bn
Business, Kanana Katharangsiporn, Published on 12/03/2024
» Despite carrying unsold condo units ready to transfer worth a total of 33 billion baht, SET-listed Ananda Development is planning to launch seven new projects worth a combined 18.6 billion baht this year.
Overwhelmed by success
Published on 11/03/2024
» Phuket has been in the limelight the past six months after the government announced a plan to elevate Thailand to an aviation hub, with Phuket the key gateway in the South.
Ministries vow to ease land & building tax
Business, Wichit Chantanusornsiri, Published on 07/03/2024
» The Finance Ministry and Interior Ministry have pledged to improve the land and building tax to prevent a negative impact on the public amid several economic challenges.
Sena strategies aim to shift unsold condos
Business, Kanana Katharangsiporn, Published on 06/03/2024
» SET-listed developer Sena Development is planning to implement new strategies to rent out and transfer completed unsold condos, coping with a high mortgage rejection rate in an effort to increase sales and revenue this year.
Phuket housing market still robust
Kanana Katharangsiporn, Published on 01/03/2024
» The Phuket residential market is expected to remain robust in 2024, with prices projected to increase by 10-15%, driven by Russian demand and an anticipated return of Chinese buyers in the second half, according to property consultant CBRE Thailand.
Housing prospects dim in Q1
Kanana Katharangsiporn, Published on 26/02/2024
» The housing market outlook remains hazy for the first quarter as both developers and homebuyers lack confidence in performance and purchases, dampened by elevated interest rates.
LPN eyes condo revenue of B5bn
Kanana Katharangsiporn, Published on 26/02/2024
» SET-listed L.P.N. Development aims to generate revenue of 4.5-5 billion baht from its condo inventory totalling 11 billion baht by offering discounts, as the carrying cost of inventory is 4% per year, says the new top executive.