Showing 1 - 10 of 10
Overwhelmed by success
Published on 11/03/2024
» Phuket has been in the limelight the past six months after the government announced a plan to elevate Thailand to an aviation hub, with Phuket the key gateway in the South.
DAD eyes state construction projects
Business, Kanana Katharangsiporn, Published on 23/01/2024
» Dhanarak Asset Development (DAD) Co, a state enterprise under the Ministry of Finance, is diversifying to become a one-stop service provider for the construction of property for state agencies, with the aim of having at least two projects per year during the period 2024-27.
Ashton Asoke condo move raises eyebrows
Business, Kanana Katharangsiporn, Published on 02/08/2023
» The Supreme Administrative Court's ruling last Thursday, which revoked the receipt of notification of intention for construction or modification of the building granted to the already-finished-and-transferred 50-storey Ashton Asoke condo project, caused a stir among the public, leaving people curious about the case and its potential outcome.
BMA under fire over Ashton Asoke
Supoj Wancharoen, Published on 29/07/2023
» Bangkok governor Chadchart Sittipunt is under increasing pressure to take action in response to Thursday's ruling by the Supreme Administrative Court, which invalidated the construction permit granted to the already finished 6-billion-baht Ashton Asoke condominium project in Watthana district of Bangkok after a long legal dispute.
NWR anticipates upsurge in state projects in second half
Business, Kanana Katharangsiporn, Published on 06/04/2023
» SET-listed contractor Nawarat Patanakarn (NWR) anticipates a surge in new construction jobs from the government sector, with contracts awarded by state agencies in the second half after a new government is installed.
Cabinet okays third phase of budget housing scheme
Business, Phusadee Arunmas, Published on 22/02/2023
» The cabinet on Tuesday approved the third phase of a low-price housing scheme worth 20 billion baht, agreeing to 2.19 billion worth of compensation for low-rate mortgages for Government Housing (GH) Bank.
Property tax cut beefs up supply
Business, Kanana Katharangsiporn, Published on 27/10/2022
» An extension of the property tax cut on transfer and mortgage fees this year, which includes second-hand homes, increased the housing supply offered in the market in the second quarter.
New assessed land prices set for Jan 1 unveiling
Business, Wichit Chantanusornsiri, Published on 28/09/2022
» The Treasury Department plans to announce the new assessed land prices for 2023-26 on Jan 1 next year, estimated to be 7-8% higher than prices during the pre-pandemic period, according to director-general Prapas Kong-Ied.
Foreign property lures are rejected
Business, Chatrudee Theparat, Published on 22/01/2022
» The Centre for Economic Situation Administration (CESA) chaired by Prime Minister Prayut Chan-o-cha on Friday put the brakes on proposals to increase foreign ownership quotas for condominiums from 49% and expand property leasehold rights for foreigners from 30 years to 50 years.
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.