Showing 1 - 10 of 42
Call for looser real estate lending rules
Business, Published on 20/09/2024
» The government is advised to ease lending restrictions and reduce interest rates as newly completed condo units worth more than 86 billion baht are awaiting transfer in the fourth quarter, which could lift both the property sector and the entire economy, says the Thai Condominium Association.
Hylife Group aims to go public by 2030
Business, Nareerat Wiriyapong, Published on 18/09/2024
» Hylife Group, a Chiang Mai-based Indian-owned conglomerate, plans to float shares on either the Thai bourse or another Asian stock market by 2030 as it aggressively expands in Thailand, says chief executive Shubhodeep Das.
Prospect targets purchase of 3 industrial sites for B3.35bn
Kanana Katharangsiporn, Published on 22/08/2024
» Prospect Logistics and Industrial Freehold and Leasehold Real Estate Investment Trust (PROSPECT REIT) plans to raise an additional 3.35 billion baht to acquire three industrial properties for its portfolio, capitalising on strong demand in the industrial sector.
Real Estate Information Center targets better data gathering to head off crises
Business, Published on 27/07/2024
» The Real Estate Information Center (REIC) continues to serve as an alert system for the property sector, but significant progress is needed, particularly in securing cooperation from various agencies to provide data for both the public and private sectors.
Measures help boost AP's townhouse sales
Business, Kanana Katharangsiporn, Published on 09/05/2024
» The property measures that commenced last month helped boost townhouse sales in April, while a possible rise in the daily minimum wage needs to be weighed against a drop in the price of construction materials, according to SET-listed developer AP Thailand.
Struggling to recover
Kanana Katharangsiporn, Published on 06/05/2024
» With an unfavourable economy and expiration of discounts for the land and building tax this year, property developers are thinking twice about acquiring new land plots, shifting instead to draining inventory.
Minimum wage hits construction prices
Business, Kanana Katharangsiporn, Published on 23/04/2024
» The new daily minimum wage, which became effective in early January, drove up home construction prices in the first quarter, despite a drop in costs due to the influx of Chinese steel and the delayed disbursement of the government's budget.
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.
Reaping the property stimulus rewards
Business, Kanana Katharangsiporn, Published on 18/04/2024
» The cabinet last week offered Thai New Year's gifts to potential homeowners, approving measures that extend the price range of houses eligible for a cut in transfer and mortgage registration fees to 7 million baht, up from a ceiling of 3 million baht.
Housing prices expected to remain flat
Business, Kanana Katharangsiporn, Published on 27/02/2024
» Housing prices this year will remain flat as the market is forecast to be unfavourable, with an overwhelming number of unsold units and many developers seeking to cash in.