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Search Result for “Interest rates”

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PROPERTY

Bangkok townhouse sales plunge

Business, Kanana Katharangsiporn, Published on 22/06/2024

» New sales of Greater Bangkok townhouses plummeted in the first quarter of 2024 to a 12-year low, nearing levels following the severe floods of 2011, largely attributed to weak demand in the middle to lower-end segments.

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PROPERTY

Singapore home sales decline for second month

Bloomberg News, Published on 18/06/2024

» SINGAPORE - New-home sales in Singapore fell for a second month, as weak demand and a lack of major launches continued to weigh on the market.

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PROPERTY

Frasers shifts focus to high-priced homes

Kanana Katharangsiporn, Published on 18/06/2024

» Residential developer Frasers Property Home (Thailand) (FPH) is focusing on high-priced segments for new launches and will adjust product prices at existing projects to cope with the market slowdown.

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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

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

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.

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PROPERTY

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.

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PROPERTY

Struggling to recover

Kanana Katharangsiporn, Published on 06/05/2024

» With an unfavourable economy and expiration of discounts for the land and building tax this year, property developers are thinking twice about acquiring new land plots, shifting instead to draining inventory.