Showing 1 - 10 of 17
Mortgage rejection rates likely to persist
Business, Somruedi Banchongduang, Published on 09/08/2024
» Mortgage applications for homes priced below 3 million baht will likely continue to face higher rejection rates over the next two years because of a slowdown in the residential segment.
Housing app merger aims for 1m users
Lamonphet Apisitniran, Published on 31/07/2024
» Urban Living Technology, a startup under SCG Distribution and Retail Co, has merged with LivingOS Corporation to strengthen their businesses that specialise in managing housing issues in condominiums and housing estates through online apps, with a goal to reach 1 million residents by 2026.
Luxury housing set to weather the storm
Business, Kanana Katharangsiporn, Published on 30/07/2024
» The luxury residential market is expected to remain robust over the next two years, despite economic pressures that are causing individuals in the middle-to-lower-end segments to delay their purchasing decisions.
Sansiri eyes foreign market, luxury niche
Business, Kanana Katharangsiporn, Published on 12/07/2024
» SET-listed developer Sansiri is preparing for a fragile market in the second half by securing bank loans totalling 15 billion baht, seeking to enhance foreign demand and launching upper-end projects.
Tris issues warning on falling demand
Nuntawun Polkuamdee, Published on 08/07/2024
» Tris Rating, a Thai credit rating agency, warns that property and leasing businesses should be strictly monitored in the second half based on decreasing demand, after 20 companies were downgraded in the first six months.
Mortgage rejection rate soars after pandemic
Business, Somruedi Banchongduang, Published on 12/03/2024
» Following the pandemic, there has been a surge in the rejection rate of housing loan applications, attributed to would-be homebuyers' weakened debt repayment capability, stemming from the sluggish economic growth and higher cost of living.
Charn Issara upbeat on revenue growth target
Business, Kanana Katharangsiporn, Published on 11/10/2023
» SET-listed Charn Issara Development is confident it can achieve its revenue growth target this year, driven by the recovery of the tourism sector and the completion of two condo projects this quarter.
MQDC eyes sales of B1bn at housing fair
Business, Kanana Katharangsiporn, Published on 04/10/2023
» Property developer Magnolia Quality Development Corporation (MQDC) plans to hold its first housing fair next week, aiming for 1 billion baht in sales over the four-day event.
MQDC unveils plan for The Forestias Signature Series
Business, Published on 01/06/2023
» Property developer Magnolia Quality Development Corporation (MQDC) plans to launch The Forestias Signature Series, a 44-storey residential tower worth 5.9 billion baht, targeting those seeking large urban condos.
Gaysorn sets out Bangkok expansion plans
Business, Kanana Katharangsiporn, Published on 22/04/2023
» Gaysorn Property Co, a luxury developer and one of the largest freehold landlords in Bangkok's Ratchaprasong area, is poised to continue shaping the commercial and shopping district to maintain its position as an iconic destination.