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.
Sena to extend LivNext scheme
Business, Kanana Katharangsiporn, Published on 11/04/2025
» SET-listed developer Sena Development is planning to extend its rent-to-own scheme to low-rise houses and rebuild buyer confidence in high-rise condos in the aftermath of the earthquake, which severely impacted Bangkok's condo market.
Property Perfect chops presales, revenue outlook
Kanana Katharangsiporn, Published on 27/11/2024
» SET-listed developer Property Perfect halved its 2024 presales target to 8.2 billion baht and cut its revenue projection by 20% to 8.8 billion baht, marking the second revision this year, as it plans to sell riverside hotel Royal Orchid Sheraton for 6 billion baht next year.
Luxury housing set to weather the storm
Business, Kanana Katharangsiporn, Published on 30/07/2024
» The luxury residential market is expected to remain robust over the next two years, despite economic pressures that are causing individuals in the middle-to-lower-end segments to delay their purchasing decisions.
Supalai suggests interest rate cut to stimulate more growth
Business, Kanana Katharangsiporn, Published on 10/05/2024
» The residential market has improved following the implementation of property measures last month, but interest rates should be cut to further stimulate growth, especially in the lower-income segment, according to SET-listed developer Supalai.
Struggling to recover
Kanana Katharangsiporn, Published on 06/05/2024
» With an unfavourable economy and expiration of discounts for the land and building tax this year, property developers are thinking twice about acquiring new land plots, shifting instead to draining inventory.
Sena unveils rent-to-own condo scheme
Business, Kanana Katharangsiporn, Published on 11/04/2024
» SET-listed developer Sena Development is launching a rent-to-own programme for ready-to-move-in condos, aiming to close sales of 1,000 units worth 1.4 billion baht by the end of the year.
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.
Sena shifts focus to affordable condos
Business, Kanana Katharangsiporn, Published on 23/05/2023
» SET-listed developer Sena Development Plc will develop more low-priced and affordable condo projects in response to a potential decrease in purchasing power caused by higher housing prices.