Showing 1 - 10 of 213
Illegal condo rentals continue in Bangkok
Molpasorn Shoowong, Published on 29/04/2025
» Despite authorities' efforts to crack down on illegal daily rentals in condos, major tourism cities are continuing to see the practice persist, including a condo building in Bangkok's Sukhumvit 11 developed by a SET-listed company which has avoided an investigation by just changing its name.
Insuring against earthquake risk
Business, Nuntawun Polkuamdee, Published on 05/04/2025
» The 7.7-magnitude earthquake that struck Myanmar and parts of Thailand on March 28 left significant cracks in high-rise buildings in Bangkok and surrounding provinces.
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.
Quake rocks property market
Business, Kanana Katharangsiporn, Published on 01/04/2025
» Cracks and damage found in many high-rise condos in Bangkok after Friday's earthquake have rattled consumer confidence, likely making this year's second quarter the weakest quarter for condo sales and transfers in 15 years.
Ins and outs of daily condo rentals
Kanana Katharangsiporn, Published on 22/03/2025
» The illegal rental of condo units on a daily basis has sparked serious concerns among residents and co-owners over safety, irresponsible behaviour, and noise disturbances caused by short-term guests.
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.
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.
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%.
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.
Illegal hotel woes plague Bangkok
Business, Published on 04/03/2025
» Despite complaints from residents and the Bangkok Metropolitan Administration's (BMA) recognition of the issue, a condo building in Sukhumvit 11 developed by an SET-listed company has not been able to prevent half of the 450 units from being illegally rented out on a daily basis via online platforms, reflecting the critical situation concerning weak law enforcement in Thailand.