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Search Result for “condo supply”

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PROPERTY

Residential prices to rise in second half

Kanana Katharangsiporn, Published on 22/04/2024

» The price index for new residential supply in Greater Bangkok should continue to rise in the second half as older inventory is absorbed following property stimulus measures starting this month, according to a research firm.

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THAILAND

AP Thailand's Q1 Presales Soar to THB 17,526 Million

Published on 09/04/2024

» Mr. Vittakarn Chandavimol, Chief Corporate Strategy and Creation, AP Thailand Public Co., Ltd., said that positive sentiment was increasingly evident in the middle to high end of Thailand’s property industry in the first quarter of the year, as reflected in the company’s presales. In the first quarter, AP recorded THB 17,526 million in presales, THB 13,632 million of which were from low-rise development projects and THB 3,894 million from condominium projects. It resulted from demand from customers confident in all of AP’s development projects – including single detached homes, twin homes, townhomes and condominiums - all stand ready to deliver a space innovation that allows home-buyers to have Cheevit Dee Dee Tee Lueak Eng Dai so that ‘Every Area in AP Home’ can grow together with every resident.

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PROPERTY

Eastern developers ease supply

Kanana Katharangsiporn, Published on 01/04/2024

» The ability of local developers to adapt improved absorption rates across most housing categories in three eastern provinces, as they slowed launches amid unfavourable conditions.

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PROPERTY

New residential sales fell 22.5% in 2023

Business, Kanana Katharangsiporn, Published on 29/03/2024

» New residential units sold in Greater Bangkok in the fourth quarter of 2023 declined by 14.5% year-on-year, resulting in a 22.5% decrease for the full year, according to the Real Estate Information Center (REIC).

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PROPERTY

Residential demand slows greatly in Chiang Mai

Kanana Katharangsiporn, Published on 18/03/2024

» Residential demand in Chiang Mai began slowing in the second half of 2023 and has continued through the first two months of this year, largely attributed to shrinking purchasing power caused by the economic slowdown and higher interest rates.

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PROPERTY

Influx of mixed-use projects poised to transform market

Business, Kanana Katharangsiporn, Published on 05/03/2024

» An influx of new property supply from 10 world-class mixed-use development projects located in the central business district (CBD) is set to transform Bangkok and Thailand, according to property consultant Jones Lang LaSalle (Thailand) (JLL).

PROPERTY

Phuket housing market still robust

Kanana Katharangsiporn, Published on 01/03/2024

» The Phuket residential market is expected to remain robust in 2024, with prices projected to increase by 10-15%, driven by Russian demand and an anticipated return of Chinese buyers in the second half, according to property consultant CBRE Thailand.

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PROPERTY

Housing prospects dim in Q1

Kanana Katharangsiporn, Published on 26/02/2024

» The housing market outlook remains hazy for the first quarter as both developers and homebuyers lack confidence in performance and purchases, dampened by elevated interest rates.

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PROPERTY

Residential property market remains tepid this year

Business, Kanana Katharangsiporn, Published on 17/02/2024

» Though Thai GDP growth is forecast at 2.8-3.2% this year, the residential market may post marginal gains as demand remains weak, according to the Real Estate Information Center (REIC).

PROPERTY

Chewathai preps B600m for land, 4 new projects

Business, Kanana Katharangsiporn, Published on 16/02/2024

» MAI-listed developer Chewathai is preparing 600 million baht to acquire new land plots and launch four residential projects worth a combined 3.7 billion baht, aiming for a 5% increase in revenue to reach 2 billion baht this year.