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Search Result for “declined”

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PROPERTY

Mortgage rejection rate hits condo launches

Business, Kanana Katharangsiporn, Published on 17/09/2024

» The high mortgage loan rejection rate in the first quarter of 2024 caused condo developers to put the brakes on new launches in Greater Bangkok in the second quarter, likely leading to a new low in launches by the end of the year.

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PROPERTY

Supalai invests B12.6bn in Australian cities

Kanana Katharangsiporn, Published on 03/09/2024

» SET-listed developer Supalai will earmark 12.6 billion baht for acquiring and developing 12 residential projects in five Australian cities, following a decade in which it invested 9.7 billion baht in 12 projects across four cities.

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PROPERTY

Price index of vacant land dips in Q2

Kanana Katharangsiporn, Published on 26/07/2024

» The price index of vacant land in Greater Bangkok declined in the second quarter of this year compared to the first quarter, primarily due to the slow economic recovery and a downturn in the residential market.

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PROPERTY

Chon Buri market still offering potential

Business, Kanana Katharangsiporn, Published on 18/07/2024

» The residential market in Chon Buri still has growth potential but caution is needed due to the oversupply of condos and townhouse sales declining for five consecutive quarters.

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PROPERTY

Property developers' sentiment plunges

Kanana Katharangsiporn, Published on 10/07/2024

» The sentiment index for housing developers in Greater Bangkok dropped in the second quarter to its lowest level in 15 quarters, dating back to the third quarter of 2020 during the pandemic.

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PROPERTY

Residential market contracts in Q1

Business, Kanana Katharangsiporn, Published on 05/07/2024

» Thailand's residential market index in the first quarter of 2024 dropped for the sixth consecutive quarter, plunging to a low point post-pandemic as GDP growth slowed to 1.5%.

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PROPERTY

Buyers without borders

Kanana Katharangsiporn, Published on 01/07/2024

» The cabinet last month resurrected the controversial issue of offering more welcoming residential property measures for foreign buyers.

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PROPERTY

Developers adjust to decline in transfers

Business, Kanana Katharangsiporn, Published on 12/06/2024

» The number of land allocation permits nationwide dropped by 19.7% in the first quarter of 2024, the largest decline in nine quarters, as developers adjusted after seeing a consecutive dip in low-rise house transfers.

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PROPERTY

Anticipated rate cut expected to bolster residential market

Kanana Katharangsiporn, Published on 20/05/2024

» The expected dip in interest rates by 25 percentage points in the second half this year is expected to help the residential market, resulting in projected growth of 5.5%, in contrast with a decline of 0.7% without a rate cut.

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PROPERTY

Loan rejections cause drop in housing transfers in Q1

Business, Kanana Katharangsiporn, Published on 17/05/2024

» Home loan rejections caused a dip in housing transfers nationwide in the first quarter, dropping to the lowest point in six years and marking five consecutive quarters of decline.