Showing 1 - 10 of 12
Home price growth slows as steel dips
Kanana Katharangsiporn, Published on 30/10/2023
» The construction price index for standard homes increased by 1.5% year-on-year in the third quarter of 2023, continuing a four-quarter slowdown, with a major contributor being lower prices of steel and sanitaryware.
Demand remains healthy for single detached houses
Business, Kanana Katharangsiporn, Published on 24/10/2023
» The single detached house market in Greater Bangkok has been robust since last year, resulting in a year-on-year increase in the price index for five consecutive quarters as demand is strong.
Condo prices suffer from glut
Business, Kanana Katharangsiporn, Published on 19/10/2023
» The price index of new condos in Nonthaburi and Samut Prakan declined for four consecutive quarters because of an oversupply of unsold units in older projects, primarily within price segments affected by negative factors.
Sentiment index slips in third quarter
Business, Kanana Katharangsiporn, Published on 13/10/2023
» The sentiment of housing developers for the next six months declined in the third quarter, with the most significant drop relating to employment concerns after the government announced a minimum daily wage of 400 baht next year.
Hoteliers unfazed by China's property woes
Business, Molpasorn Shoowong, Published on 24/08/2023
» Thai hotel companies are to forge ahead with their expansion plans as they remain unfazed by mainland China's real estate slump, though purchasing power must be monitored for any declines, according to Dusit International.
Noble unfazed by potential wage hikes
Business, Kanana Katharangsiporn, Published on 20/05/2023
» SET-listed Noble Development is unconcerned by the expected new government's pledges regarding minimum wage hikes as it has already included them in new cost estimates.
UHG forecasts revenue to increase by 40% this year
Business, Kanana Katharangsiporn, Published on 28/02/2023
» Hotel and office developer UHG is forecasting a 40% increase in revenue this year, banking on robust demand from foreign tourists and the Mice (meetings, incentives, conventions, and exhibitions) sector in Bangkok.
REIC expects housing prices to expand by 5-10% in 2023
Business, Kanana Katharangsiporn, Published on 18/01/2023
» Housing prices are projected to rise by 5-10% this year as the standard home construction price index continued an upward trend, with a year-on-year increase of 5.6% in the fourth quarter of 2022 amid a labour shortage.
Homebuyers urged to be more prudent
Business, Kanana Katharangsiporn, Published on 16/01/2023
» Homebuyers should have more financial discipline and readiness before buying a house as home prices are surging, interest rates are rising and property incentives have expired, says property website DDproperty.com.
Self-built homes hit by cost hike
Business, Kanana Katharangsiporn, Published on 15/03/2022
» Prices of self-built homes will rise 5-8% after the Russia-Ukraine conflict pushed up prices of metals and fuel by more than 50% in less than a month, according to the Home Builder Association.