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Search Result for “1.5-1”

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PROPERTY

Residential developers getting cold feet

Kanana Katharangsiporn, Published on 06/06/2024

» The residential construction area permitted nationwide in the first three months of 2024 is expected to plunge to the lowest level in 12 quarters, reflecting developers slowing new launches of residential supply because of weak demand.

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PROPERTY

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.

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PROPERTY

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.

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PROPERTY

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).

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PROPERTY

Big developers banking on Nonthaburi

Business, Kanana Katharangsiporn, Published on 25/05/2024

» Eight large developers launched or plan to release 4,600 residential units with an expected combined sales value of 50 billion baht on 1,300 rai in Nonthaburi, marking the first time they will be developing next to each other, while hoping to avoid direct competition.

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PROPERTY

Frasers ups presence in condo segment

Business, Kanana Katharangsiporn, Published on 21/05/2024

» Residential developer Frasers Property Home (Thailand) is planning to launch three new condo projects worth over 1 billion baht per year over the next few years to ensure the company has products in every segment.

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PROPERTY

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.

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PROPERTY

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.

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PROPERTY

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.

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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.