Showing 1 - 10 of 17
Measures help boost AP's townhouse sales
Business, Kanana Katharangsiporn, Published on 09/05/2024
» The property measures that commenced last month helped boost townhouse sales in April, while a possible rise in the daily minimum wage needs to be weighed against a drop in the price of construction materials, according to SET-listed developer AP Thailand.
Minimum wage hits construction prices
Business, Kanana Katharangsiporn, Published on 23/04/2024
» The new daily minimum wage, which became effective in early January, drove up home construction prices in the first quarter, despite a drop in costs due to the influx of Chinese steel and the delayed disbursement of the government's budget.
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.
Mortgage rejection rate soars after pandemic
Business, Somruedi Banchongduang, Published on 12/03/2024
» Following the pandemic, there has been a surge in the rejection rate of housing loan applications, attributed to would-be homebuyers' weakened debt repayment capability, stemming from the sluggish economic growth and higher cost of living.
Ministries vow to ease land & building tax
Business, Wichit Chantanusornsiri, Published on 07/03/2024
» The Finance Ministry and Interior Ministry have pledged to improve the land and building tax to prevent a negative impact on the public amid several economic challenges.
Singapore rejects first major land bid since 2011
Bloomberg News, Published on 08/02/2024
» SINGAPORE - Singapore rejected a bid for a prime state land parcel for the first time in more than a decade, judging it to be too low.
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.
Rate hike would likely hurt housing market
Business, Kanana Katharangsiporn, Published on 26/09/2023
» Interest rates in Thailand should not be raised because doing so would adversely affect the housing market where demand is weak, say analysts.
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.
Sena shifts focus to affordable condos
Business, Kanana Katharangsiporn, Published on 23/05/2023
» SET-listed developer Sena Development Plc will develop more low-priced and affordable condo projects in response to a potential decrease in purchasing power caused by higher housing prices.