Showing 1 - 10 of 244
Homebuyer confidence dips
Kanana Katharangsiporn, Published on 01/06/2024
» The housing purchase confidence index (HPCI) in Greater Bangkok for the first quarter of 2024 dropped from the fourth quarter of last year, likely the result of gradually increasing policy interest rates throughout 2023.
Measures may not be sufficient
Business, Kanana Katharangsiporn, Published on 29/05/2024
» The government's property measures may not stimulate the residential market as much as expected because obstacles to home demand and purchasing power, particularly for units priced below 3 million baht, remain unchanged.
Foreign buyers drive Q1 condo sales
Business, Kanana Katharangsiporn, Published on 28/05/2024
» The condo market still has to rely on foreign demand as total transfers in the first quarter were mainly driven by foreign buyers, whose proportion rose to the highest in history, according to the Real Estate Information Center (REIC).
Condo glut in Cha-am likely to persist
Business, Kanana Katharangsiporn, Published on 28/05/2024
» The condo market in Cha-am still faces a glut, with the inventory of unsold units expected to take 10 years to be absorbed, while the Hua Hin condo market remains robust, says property consultant Colliers Thailand.
Anticipated rate cut expected to bolster residential market
Kanana Katharangsiporn, Published on 20/05/2024
» The expected dip in interest rates by 25 percentage points in the second half this year is expected to help the residential market, resulting in projected growth of 5.5%, in contrast with a decline of 0.7% without a rate cut.
Loan rejections cause drop in housing transfers in Q1
Business, Kanana Katharangsiporn, Published on 17/05/2024
» Home loan rejections caused a dip in housing transfers nationwide in the first quarter, dropping to the lowest point in six years and marking five consecutive quarters of decline.
Foreigners lead the way in condo market
Business, Kanana Katharangsiporn, Published on 14/05/2024
» Foreign buyers dominated the condo market in the first quarter of 2024, with new launches focused on major tourist destinations, amounting to a combined investment value of more than 56.6 billion baht.
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.
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.
Office demand turns negative in 1st quarter
Business, Kanana Katharangsiporn, Published on 25/04/2024
» The office market recorded negative absorption in the first quarter of 2024, ending a consecutive seven-quarter rise from mid-2022, as demand shifted from non-green to green spaces and downsized offices, according to property consultant Knight Frank Thailand.