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Search Result for “REIC”

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Developer confidence slumps in Q2

Business, Kanana Katharangsiporn, Published on 30/07/2025

» The sentiment index of Greater Bangkok housing developers dropped to its third-lowest level in the second quarter of 2025, behind the massive floods in 2011 and the global financial crisis in 2008, even sinking below sentiment during the pandemic.

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PROPERTY

Bangkok residential market slumps to a 20-year nadir

Kanana Katharangsiporn, Published on 29/07/2025

» Competition for land purchases in Greater Bangkok has slowed as housing inventory rises, sales decline, and developers pivot to clearing unsold stock to generate cash amid the worst market conditions in two decades.

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PROPERTY

Eastern Economic Corridor land prices surge in Q1 amid strong foreign demand

Business, Kanana Katharangsiporn, Published on 17/07/2025

» The land price index in the Eastern Economic Corridor (EEC) provinces rose by 24.9% in the first quarter of 2025, marking the fifth consecutive quarterly increase, led by Rayong, where the index surged 43.5% due to strong foreign investment in the industrial sector.

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PROPERTY

Residential index hits record low in Q1

Business, Kanana Katharangsiporn, Published on 15/07/2025

» The Thailand Overall Residential Market Index (TORMI) fell to its lowest level since the index was introduced in 2021 in the first quarter of 2025, even dropping below the levels recorded during the Covid-19 pandemic, according to the Real Estate Information Center (REIC).

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PROPERTY

Greater Bangkok property demand surges in Q1

Business, Kanana Katharangsiporn, Published on 04/07/2025

» Confidence among prospective homebuyers in Greater Bangkok surged in the first quarter of this year, reaching its highest level since tracking began in the fourth quarter of 2023, driven by interest rate cuts and the temporary easing of loan-to-value (LTV) rules.

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PROPERTY

Foreign demand dip seen persisting

Business, Kanana Katharangsiporn, Published on 10/06/2025

» The intensified crackdown on nominee ownership since late last year, coupled with the global economic downturn, is expected to weaken foreign purchasing power and dampen overseas property demand in 2025.

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PROPERTY

Bangkok condo price index up 3.4%

Business, Kanana Katharangsiporn, Published on 06/06/2025

» The price index for new condos for sale in Greater Bangkok rose 3.4% year-on-year in the first quarter of 2025, marking the second straight quarter exceeding 3%, driven by rising development costs, according to the Real Estate Information Center (REIC).

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Second-hand condo units register gains

Business, Kanana Katharangsiporn, Published on 02/06/2025

» Second-hand condo transfers nationwide in the first quarter of 2025 increased across most price segments, primarily due to weakened purchasing power, according to the Real Estate Information Center (REIC).

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PROPERTY

Bangkok housing developer index for Q1 tallies 4th-lowest level ever

Business, Kanana Katharangsiporn, Published on 30/05/2025

» The sentiment index for Greater Bangkok housing developers in the first quarter of 2025 fell to the fourth-lowest level ever, behind previous troughs recorded in the fourth quarter of 2011 during severe floods, the global financial crisis in 2008, and the onset of the Covid-19 pandemic.

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PROPERTY

Phuket, Rayong and Samui post transfer growth in Q1

Kanana Katharangsiporn, Published on 27/05/2025

» Phuket, Rayong and Samui were the only destinations to record growth in residential transfers in the first quarter of 2025, following a crackdown on nominee ownership by the Central Investigation Bureau (CIB).