Showing 1 - 10 of 19
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.
LH rejigs towards recurring income
Kanana Katharangsiporn, Published on 27/01/2024
» SET-listed developer Land & Houses has reshaped its investment portfolio, amplifying its focus on recurring income properties, particularly hotels in Thailand and the US, while reducing investments in residential development.
Pressure to mount on grade A occupancy
Business, Kanana Katharangsiporn, Published on 05/05/2022
» New Bangkok office supply of more than 1.2 million square metres slated for 2022-23 will put more pressure on occupancy of grade A spaces, which shrank to 84.7% in the first quarter this year, the lowest point over the past 34 quarters.
Strong demand seen for large condos
Business, Kanana Katharangsiporn, Published on 17/02/2022
» Demand for larger condominium units in the resale market is poised to remain strong this year as the prices of new projects in Bangkok are still high despite their smaller sizes, according to property consultant CBRE Thailand.
Home prices set to surge in 2022
Business, Kanana Katharangsiporn, Published on 01/02/2022
» Higher inflation, a labour shortage and the rising prices of fuel and construction materials will drive new home prices higher this year after the housing price index kept declining since the first quarter of 2020.
Retail occupancy rate hits new low
Business, Kanana Katharangsiporn, Published on 13/08/2021
» The lockdown extension and a shift to online sales continue to create an impact on the average occupancy rate of Bangkok retail spaces in the third quarter as it falls to the lowest level in almost two decades.
Condo market corrects
Business, Kanana Katharangsiporn, Published on 30/10/2020
» After heavy discounts to clear inventory and a sharp decrease in new supply, the Bangkok condo market will likely be in a correction until next year and take a few years to return to normal.
Cash-strapped developers urge tax waiver
Business, Kanana Katharangsiporn, Published on 16/10/2020
» The government is being urged to waive the special business tax for property transactions between cash-strapped developers and new investors to avoid possible non-performing loans (NPLs) as the fallout from Covid-19 hits the economy and property market.
Gaysorn focuses on high-end houses
Business, Kanana Katharangsiporn, Published on 02/08/2019
» Developer Gaysorn Property will scale down to single houses and townhouses while continuing in the high-end segment amid an unfavourable market and poor economic sentiment.
Ideas 1606 taps beachfront demand with Natai villas
Business, Kanana Katharangsiporn, Published on 27/06/2019
» Demand for luxury villas in beach destinations from Thai business owners remains strong despite unfavourable sentiment as they take advantage of low interest rates.