Showing 1 - 10 of 27
Examining the crux of the credit crunch
Business, Kanana Katharangsiporn, Published on 18/10/2025
» Thailand's residential property sector is grappling with a severe credit crunch, as mortgage rejection rates have surged to an unprecedented 80% this year, up sharply from around 30% during the pandemic, according to developers.
Banks highlight methods to reduce mortgage rejections
Business, Kanana Katharangsiporn, Published on 17/04/2025
» Clearing debts, disclosing all sources of income, preparing documents and avoiding rushed applications can reduce the mortgage rejection rate, which rose to an average of 45% in the first quarter, according to financial institutions.
Mortgage rejection rates expected to remain high
Business, Kanana Katharangsiporn, Published on 10/04/2025
» Mortgage rejection rates are anticipated to remain elevated due to persistent global economic headwinds, though eased loan-to-value (LTV) limits and lower fees may help support a recovery in the housing market, according to banks and developers.
Charn Issara eyes luxury projects
Kanana Katharangsiporn, Published on 08/03/2025
» Charn Issara Development plans to launch six new projects worth a combined 16 billion baht, primarily in the luxury segment across Bangkok, Phuket and Hua Hin, driven by strong demand.
Estate developers set to thrive
Business, Kanana Katharangsiporn, Published on 22/01/2025
» Rental rates for factory and warehouse space are expected to continue rising, but will remain below pre-pandemic levels, unlike industrial land sales, which have recorded strong demand, primarily from Chinese investors who prefer buying over renting.
Banyan lines up 20 projects
Business, Kanana Katharangsiporn, Published on 05/11/2024
» Banyan Group, the hospitality-led property developer, plans to launch 20 new projects over the next few years, aiming to achieve an annual sales target of 10 billion baht -- a new record in the group's history, following a record-breaking performance this year.
Chinese crucial to Phuket in Q4
Kanana Katharangsiporn, Published on 08/07/2024
» August will be a critical month to gauge the number of Chinese tourists in Phuket during the fourth quarter, as the condo market on the island is projected to have the highest launch of new supply in its history.
Creating an intelligent design
Business, Kanana Katharangsiporn, Published on 22/06/2024
» Bangkok design firm DWP claims to have revolutionised the Thai architectural industry by integrating artificial intelligence (AI) into its design processes, enhancing efficiency, and positioning itself at the forefront of Thailand's design landscape.
Foreign buyers drive Q1 condo sales
Business, Kanana Katharangsiporn, Published on 28/05/2024
» The condo market still has to rely on foreign demand as total transfers in the first quarter were mainly driven by foreign buyers, whose proportion rose to the highest in history, according to the Real Estate Information Center (REIC).
Developers want foreign quotas to be hiked
Kanana Katharangsiporn, Published on 17/04/2024
» Foreign ownership quotas for condos should be increased in certain areas to stimulate the economy as increasing demand from foreign buyers last year is expected to continue this year.