Showing 1 - 6 of 6
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.
Explainer - Vietnam's real estate woes: how much worse can they get?
Reuters, Published on 26/10/2023
» HANOI - A rough year for Vietnam's real estate sector has seen developers miss interest payments on debt, amid a credit crunch spurred by ill-timed government measures, although spillover risk has been limited.
Bad mortgage loans rise amid rate hikes
Business, Somruedi Banchongduang, Published on 23/05/2023
» Non-performing mortgage loans (NPLs) increased in the first quarter of this year due to rising interest rates, with the Bank of Thailand encouraging banks to help borrowers through debt restructuring.
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.
Trust to focus on real estate
Business, Kanana Katharangsiporn, Published on 07/09/2022
» Luxury property developer K.E. Group and a former major shareholder of Raimon Land have set up a private equity fund with an initial investment of 2 billion baht to co-invest in existing property projects whose developers are in need of liquidity or who want to cash out.
The lowdown on low rates
Business, Published on 30/10/2020
» Lower prices at residential projects and attractive interest rates for housing loans are supporting healthy mortgage loan growth amid the Covid-19 pandemic, with the positive trend mainly deriving from real demand.