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Search Result for “Prasert Taedullayasatit”

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PROPERTY

Bangkok's condo oversupply problem may worsen over quake fears

Bloomberg News, Published on 02/04/2025

» A condominium glut in Bangkok is set to worsen after a deadly earthquake in neighbouring Myanmar damaged thousands of skyscrapers in the Thai capital, spooking prospective buyers.

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GENERAL

Bank of Thailand eases mortgage rules

Published on 20/03/2025

» The Bank of Thailand is relaxing loan-to-value (LTV) rules to support the slumping property market, saying the change will not significantly increase risks to financial stability.

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GENERAL

Developing the future workforce

Business, Post Reporters, Published on 17/03/2025

» Large-scale layoffs have continued in recent months, indicating ongoing economic challenges. Contributing factors include a decline in domestic purchasing power and growing external pressures, caused by the trade war.

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PROPERTY

Developers want urgent support

Business, Kanana Katharangsiporn, Published on 14/03/2025

» Residential developers want swift implementation of property measures, including cuts to transfer and mortgage fees and eased lending curbs, while calling on banks to reduce interest rates by 0.25%, the level of the policy rate reduction, instead of 0.05% to 0.10%.

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PROPERTY

Bangkok condo price dip anticipated

Business, Kanana Katharangsiporn, Published on 11/03/2025

» Significant discounts on completed unsold inventory of Bangkok condos will be required to attract prospective buyers and investors, as developers grapple with mounting pressure from loans totalling over 156 billion baht, due for repayment this year.

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PROPERTY

Bangkok residential supply dip to persist

Business, Kanana Katharangsiporn, Published on 11/02/2025

» Launches of new residential supply in Greater Bangkok will decline for a third consecutive year in 2025, largely attributed to an increase in unsold units carried over from 2024, an uncertain economy and high household debt, according to Kasikorn Research Center.

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PROPERTY

Supply glut likely to keep prices attractive

Business, Kanana Katharangsiporn, Published on 21/01/2025

» Prospective homebuyers are likely to benefit from attractive prices this year as developers are expected to scale back on new project launches and prioritise clearing unsold inventory to generate cash amid unfavourable market sentiment and intense competition.

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PROPERTY

Condo association pushes for added state assistance

Business, Kanana Katharangsiporn, Published on 16/01/2025

» This year should be a challenging one for the residential property market, carrying over from a sluggish 2024 as insufficient domestic demand and a lack of structural support for foreign demand persist, says the Thai Condominium Association.

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PROPERTY

Associations see minimal impact from rate cut

Business, Narumon Kasemsuk, Published on 01/11/2024

» Three property associations forecast a slim impact from the recent policy rate cut, as interest rates for mortgages were reduced by only 0.125%.

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PROPERTY

House prices having less impact than mortgage woes

Business, Kanana Katharangsiporn, Published on 08/10/2024

» The increase in house prices, driven by rising construction costs, has had a significantly lower impact on prospective homebuyers compared to the difficulty people face in securing mortgage loans, according to property associations.