Showing 1 - 10 of 10
Foreign interest key to condo projects
Business, Kanana Katharangsiporn, Published on 04/06/2024
» SET-listed Noble Development plans to focus on foreign buyers for new condo projects in Bangkok as domestic demand remains sluggish.
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.
FPT focusing on buildings with recurring income
Business, Kanana Katharangsiporn, Published on 25/01/2024
» SET-listed developer Frasers Property (Thailand) (FPT) will continue to weigh its portfolio with a focus on recurring income properties, particularly in the industrial sector, as the residential market is hamstrung by negative factors.
Sentiment index slips in third quarter
Business, Kanana Katharangsiporn, Published on 13/10/2023
» The sentiment of housing developers for the next six months declined in the third quarter, with the most significant drop relating to employment concerns after the government announced a minimum daily wage of 400 baht next year.
Rate hike would likely hurt housing market
Business, Kanana Katharangsiporn, Published on 26/09/2023
» Interest rates in Thailand should not be raised because doing so would adversely affect the housing market where demand is weak, say analysts.
Developers seek state aid for agricultural sector
Business, Kanana Katharangsiporn, Published on 15/09/2023
» The government should bolster the provincial economy by enhancing the agricultural sector as this will create a ripple effect in Bangkok and ultimately stimulate demand for housing nationwide, say developers in the Northeast.
N.C. Housing readies new projects for rest of the year
Business, Kanana Katharangsiporn, Published on 24/08/2023
» SET-listed developer N.C. Housing is confident in the Thai economy for the remainder of the year and plans to launch new projects as scheduled following the selection of a new prime minister.
Interest rates hamstring developers
Business, Kanana Katharangsiporn, Published on 12/01/2023
» Higher interest rates and the end of property measures weakened housing developer sentiment, while the comeback of Chinese tourists boosted confidence, according to the Real Estate Information Center (REIC).
Developers seek gradual rise in land, building tax
Business, Kanana Katharangsiporn, Published on 16/09/2022
» Property developers have urged the government to reconsider full collection of the land and building tax, suggesting a step-by-step increase, starting from a discounted rate of 50-75% during 2023-25 as the economy is fragile.
Russians crowned leading buyers of Phuket condos
Business, Kanana Katharangsiporn, Published on 14/06/2022
» China's zero-Covid policy has seen Russians overtake the Chinese as the top foreign buyers of condos in Phuket, with the total in the first quarter exceeding the whole of 2021.