Showing 1 - 10 of 81
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.
AssetWise posts record Q2 revenue
Kanana Katharangsiporn, Published on 14/08/2024
» SET-listed developer AssetWise set a record for revenue in the second quarter, driven by a strong performance from its campus condo and Phuket projects as the company expects to maintain momentum in the second half.
More foreign ownership ‘could mean more illegal hotels’
Molpasorn Shoowong, Published on 13/08/2024
» Hotel operators are concerned about changes to foreign ownership rules for real estate because they believe it could lead to another influx of illegal hotels in Thailand.
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.
Sansiri eyes foreign market, luxury niche
Business, Kanana Katharangsiporn, Published on 12/07/2024
» SET-listed developer Sansiri is preparing for a fragile market in the second half by securing bank loans totalling 15 billion baht, seeking to enhance foreign demand and launching upper-end projects.
Chinese crucial to Phuket in Q4
Kanana Katharangsiporn, Published on 08/07/2024
» August will be a critical month to gauge the number of Chinese tourists in Phuket during the fourth quarter, as the condo market on the island is projected to have the highest launch of new supply in its history.
Concerns about foreign property perks downplayed
Onnucha Hutasingh, Published on 06/07/2024
» The government has played down concerns raised over the possible negative impacts of its proposal to increase the foreign ownership quota for condominiums to 75% and extend land leasehold terms to 99 years.
Property rules could mimic Singapore
Business, Kanana Katharangsiporn, Published on 03/07/2024
» The government should ensure Thais can afford homes and should limit the areas for extending foreign ownership of condos to specific zones, even within a single province, to avoid opposition, says a property research firm.
Ananda hit by Myanmar sale failures
Business, Kanana Katharangsiporn, Published on 02/07/2024
» SET-listed Ananda Development disposed of shares in five serviced apartments worth a combined 2.54 billion baht to realise revenue in the second quarter after condo sales to buyers from Myanmar were unable to be transferred the past few months.