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Search Result for “upper”

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PROPERTY

Big developers banking on Nonthaburi

Business, Kanana Katharangsiporn, Published on 25/05/2024

» Eight large developers launched or plan to release 4,600 residential units with an expected combined sales value of 50 billion baht on 1,300 rai in Nonthaburi, marking the first time they will be developing next to each other, while hoping to avoid direct competition.

GENERAL

Performance among developers in Q1 mixed

Business, Kanana Katharangsiporn, Published on 16/05/2024

» The first-quarter revenue of major listed developers reflected varying trends, with a decline year-on-year among those targeting the lower-end segment, while those focusing on the middle to upper segments continued to witness growth.

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PROPERTY

Reaping the property stimulus rewards

Business, Kanana Katharangsiporn, Published on 18/04/2024

» The cabinet last week offered Thai New Year's gifts to potential homeowners, approving measures that extend the price range of houses eligible for a cut in transfer and mortgage registration fees to 7 million baht, up from a ceiling of 3 million baht.

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PROPERTY

Greater Bangkok housing market still tepid in Q1

Business, Kanana Katharangsiporn, Published on 09/04/2024

» Despite recording a 30% increase in visitor numbers at the House & Condo Show last month, the residential market in Greater Bangkok in the first quarter of 2024 remained unfavourable, attributed to poor purchasing power.

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PROPERTY

Developers project 10% residential gain

Business, Kanana Katharangsiporn, Published on 22/03/2024

» The residential market this year is expected to grow by 10%, even though eased loan-to-value (LTV) limits were not approved, and interest rates might not decrease soon, according to property developers.

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PROPERTY

Residential demand slows greatly in Chiang Mai

Kanana Katharangsiporn, Published on 18/03/2024

» Residential demand in Chiang Mai began slowing in the second half of 2023 and has continued through the first two months of this year, largely attributed to shrinking purchasing power caused by the economic slowdown and higher interest rates.

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PROPERTY

Sena strategies aim to shift unsold condos

Business, Kanana Katharangsiporn, Published on 06/03/2024

» SET-listed developer Sena Development is planning to implement new strategies to rent out and transfer completed unsold condos, coping with a high mortgage rejection rate in an effort to increase sales and revenue this year.

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PROPERTY

Pruksa preps 30 projects worth B29bn

Business, Kanana Katharangsiporn, Published on 20/02/2024

» SET-listed developer Pruksa Holding (PSH) is planning to launch 30 new residential projects worth a combined 29 billion baht, with a shift to the upper-priced segment to balance those in the lower-end market affected by negative factors.

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PROPERTY

Myanmar buyers look beyond Bangkok

Kanana Katharangsiporn, Published on 08/02/2024

» Property buyers from Myanmar shopping in Thailand are seeking residential units in Phuket and Chiang Mai, attracting a developer from the nation to invest in a single detached house project in Chiang Mai province.

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GENERAL

SF invests B200m in bid to spur spending

Business, Kanana Katharangsiporn, Published on 06/02/2024

» Megabangna shopping mall has set aside a 200-million-baht marketing budget to increase customer traffic and spending per bill by 10-15%.