Showing 1 - 10 of 17
Real Estate Information Center targets better data gathering to head off crises
Business, Published on 27/07/2024
» The Real Estate Information Center (REIC) continues to serve as an alert system for the property sector, but significant progress is needed, particularly in securing cooperation from various agencies to provide data for both the public and private sectors.
PM allays foreign quota fears
Published on 23/06/2024
» Prime Minister Srettha Thavisin on Sunday defended the proposal to raise the proportion of foreign ownership allowed in condominiums from 49% to 75% and extend land lease terms for foreigners to 99 years from 30-50 years, saying these measures will help stimulate the economy.
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.
Ministry mulls raising price limit for housing
Business, Wichit Chantanusornsiri, Published on 29/03/2024
» The Finance Ministry may consider raising the price limit for housing units eligible for government support, aiming to stimulate growth in the real estate sector.
Overwhelmed by success
Published on 11/03/2024
» Phuket has been in the limelight the past six months after the government announced a plan to elevate Thailand to an aviation hub, with Phuket the key gateway in the South.
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.
Condo ruling could affect financing
Business, Kanana Katharangsiporn, Published on 11/08/2023
» The Ashton Asoke case, in which the condo was ordered to have its construction permit revoked, will have an impact on property developers who depend on issuing debt instruments and securing loans for funding, as lenders are becoming more hesitant, according to developers.
When will Hong Kong property prices recover? Not any time soon
South China Morning Post, Published on 04/08/2023
» The extended weakness in Hong Kong's residential property market has been an unusual and unpleasant experience for many of us. Property turnover fell 40% last year with buyers waiting for price falls and sellers unwilling to sell at these prices.
Ashton Asoke condo move raises eyebrows
Business, Kanana Katharangsiporn, Published on 02/08/2023
» The Supreme Administrative Court's ruling last Thursday, which revoked the receipt of notification of intention for construction or modification of the building granted to the already-finished-and-transferred 50-storey Ashton Asoke condo project, caused a stir among the public, leaving people curious about the case and its potential outcome.
BMA under fire over Ashton Asoke
Supoj Wancharoen, Published on 29/07/2023
» Bangkok governor Chadchart Sittipunt is under increasing pressure to take action in response to Thursday's ruling by the Supreme Administrative Court, which invalidated the construction permit granted to the already finished 6-billion-baht Ashton Asoke condominium project in Watthana district of Bangkok after a long legal dispute.