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PROPERTY

Perks needed to up demand

Business, Kanana Katharangsiporn, Published on 29/08/2023

» Property incentives are needed to boost residential demand during the remainder of the year as the number of housing transfers and sales in the second quarter continued to drop, according to the Real Estate Information Center (REIC).

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PROPERTY

Residential property set to rebound in Q4

Kanana Katharangsiporn, Published on 28/08/2023

» The residential market, which slowed in the first seven months because of an uncertain global economy, concerns over defaults on bond payments and a condo case, is projected to rebound in the fourth quarter driven by international buyers, says a developer.

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PROPERTY

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.

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PROPERTY

N.C. Housing readies new projects for rest of the year

Business, Kanana Katharangsiporn, Published on 24/08/2023

» SET-listed developer N.C. Housing is confident in the Thai economy for the remainder of the year and plans to launch new projects as scheduled following the selection of a new prime minister.

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PROPERTY

Growth in office supply to squeeze landlords

Business, Kanana Katharangsiporn, Published on 23/08/2023

» The completion of over 1.5 million square metres of new Bangkok office space within the next two years continues to put pressure on office landlords.

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PROPERTY

MQDC sets aside B400m for mall

Kanana Katharangsiporn, Published on 22/08/2023

» Property developer Magnolia Quality Development Corporation (MQDC) will invest 400 million baht to develop a community mall for creators within a mixed-use project — Cloud 11 — in collaboration with the operator of the Commons Thonglor.

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PROPERTY

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.

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PROPERTY

Developers bullish on H2

Business, Kanana Katharangsiporn, Published on 18/08/2023

» SET-listed developers are hoping an economic recovery in the second half will help them achieve their performance goals this year after modest first-half results.

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PROPERTY

Pruksa urges income boost for residents

Business, Kanana Katharangsiporn, Published on 16/08/2023

» The new government should enhance people's income to make home purchases more accessible, though property measures may be unnecessary, says SET-listed developer Pruksa Holding.

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PROPERTY

Chinese buyers gradually cool on Thailand as destination

Business, Kanana Katharangsiporn, Published on 15/08/2023

» Thailand dipped to fifth among destinations for Chinese property buyers, down one spot from last year and the top ranking in 2021, attributed to a sluggish recovery of travel and pricey flights.