Showing 1 - 10 of 62
Mortgage terms may be extended
Kanana Katharangsiporn, Published on 10/07/2024
» The Ministry of Finance is planning to hold discussions with commercial banks about the possibility of extending the home loan repayment period to a maximum age of 85 among borrowers in an effort to stimulate local demand amid the economic slowdown.
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.
Amending property rules likely to spur sales
Business, Kanana Katharangsiporn, Published on 19/04/2024
» Amending obsolete rules regarding property development can improve home purchasing power, enabling homebuyers to afford units, say developers.
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.
Developers project 10% residential gain
Business, Kanana Katharangsiporn, Published on 22/03/2024
» The residential market this year is expected to grow by 10%, even though eased loan-to-value (LTV) limits were not approved, and interest rates might not decrease soon, according to property developers.
Contractors push for tax incentive
Business, Kanana Katharangsiporn, Published on 31/10/2023
» The government should offer tax incentives to buyers of self-built homes as it can contribute to the economy, increase stamp duty revenue and deter irresponsible builders, says the Home Builder Association.
Residential market showing improvement since election
Business, Kanana Katharangsiporn, Published on 31/08/2023
» Since the general election, the residential market has slowly improved, primarily in the middle to upper-end segment, while low-income earners continue to be affected by an uneven economic recovery.
Call for special rates for first-time buyers
Kanana Katharangsiporn, Published on 21/08/2023
» Developers would like the new government to provide special interest rates for first-time buyers and offer tax deductions to improve property purchasing power as housing units spike and interest rates continue to climb.
Korat developers irked by spending lull
Business, Kanana Katharangsiporn, Published on 21/09/2022
» Despite a robust recovery in the residential market in the first half, developers in Nakhon Ratchasima remain concerned over a delay in the government's spending on infrastructure projects.
Developers seek gradual rise in land, building tax
Business, Kanana Katharangsiporn, Published on 16/09/2022
» Property developers have urged the government to reconsider full collection of the land and building tax, suggesting a step-by-step increase, starting from a discounted rate of 50-75% during 2023-25 as the economy is fragile.