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PROPERTY

Bangkok land price index up 3% in Q3

Kanana Katharangsiporn, Published on 02/11/2023

» The land price index in Greater Bangkok for the third quarter of 2023 increased 3% year-on-year, the lowest growth rate in seven quarters.

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PROPERTY

Developers call for clearer environmental reports

Business, Kanana Katharangsiporn, Published on 01/11/2023

» Condo developers are urging environmental impact assessment (EIA) reports to be reviewed based on clear standards, aiming to reduce subjective judgements because a delayed assessment process increases development costs.

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PROPERTY

Recovery of condos, office buildings reflected in new data

Business, Phusadee Arunmas, Published on 31/10/2023

» Juristic person businesses overseeing condo and office buildings are thriving, driven by the country's recovering economic, tourism and real estate growth, according to Commerce Ministry data.

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PROPERTY

Talks aim to revise land, building tax

Business, Wichit Chantanusornsiri, Published on 31/10/2023

» The Fiscal Policy Office is in talks with the Bangkok Metropolitan Administration (BMA) to seek a conclusion to the latter's request for the Finance Ministry to revise the land and building tax law, says Deputy Finance Minister Krisada Chinavicharana.

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PROPERTY

Explainer - Vietnam's real estate woes: how much worse can they get?

Reuters, Published on 26/10/2023

» HANOI - A rough year for Vietnam's real estate sector has seen developers miss interest payments on debt, amid a credit crunch spurred by ill-timed government measures, although spillover risk has been limited.

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PROPERTY

CPN sinks B4bn into Central Ubon development

Business, Published on 25/10/2023

» Central Pattana Plc (CPN) has launched the Central Ubon mixed-use development project in northeastern Thailand with a total investment value of 4 billion baht.

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PROPERTY

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.

PROPERTY

FPT shifts focus to low-rise inventory

Kanana Katharangsiporn, Published on 21/10/2023

» SET-listed Frasers Property Thailand (FPT) plans to revise its business plan for 2024 and launch only one low-rise condo project in the fourth quarter this year, focusing instead on its inventory of low-rise houses because of negative factors.

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PROPERTY

China property market shows little signs of revival despite stimulus

Reuters, Published on 20/10/2023

» HONG KONG/BEIJING - China's troubled property market is showing little signs of a recovery in the short term despite a series of government stimulus measures to help revive activity in the sector which makes up a quarter of the nation's economic output.

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PROPERTY

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.