Showing 1 - 10 of 35
Quelling the tremors of March 28
Business, Kanana Katharangsiporn, Published on 07/06/2025
» The earthquake that struck Myanmar on March 28 sent tremors through many high-rise buildings in Bangkok, shaking not just the structures but also buyer confidence, if only briefly.
Foreigners key to North's residential market
Business, Kanana Katharangsiporn, Published on 18/03/2025
» The residential market in Chiang Mai and Chiang Rai will need to rely on demand from China and Myanmar, along with locals in the upper-end segment as lower-income earners continue to struggle in terms of purchasing power and access to mortgage loans.
Condo developers struggle with B80bn debt mountain
Kanana Katharangsiporn, Published on 13/03/2025
» A mismatch between loan terms and project durations has forced developers with substantial condo inventory to grapple with short-term debt obligations, with over 80 billion baht in debentures due for repayment this year, according to Asia Plus Securities (ASPS).
Mortgage terms may be extended
Kanana Katharangsiporn, Published on 10/07/2024
» The Ministry of Finance is planning to hold discussions with commercial banks about the possibility of extending the home loan repayment period to a maximum age of 85 among borrowers in an effort to stimulate local demand amid the economic slowdown.
Pepsi boasts of rising farm productivity
Business, Kanana Katharangsiporn, Published on 13/06/2024
» Pepsi-Cola (Thai) Trading Co (PepsiCo), the producer and distributor of Lay's potato chips, continues to improve agricultural productivity for its 5,800 contract farmers, aiming to increase revenue by 15% for 35% of those farmers by 2030.
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.
Lalin targets flat sales growth in year ahead
Business, Kanana Katharangsiporn, Published on 30/01/2024
» SET-listed housing developer Lalin Property is continuing with a cautious approach, with plans to launch 8-12 new projects worth a combined 7-8 billion baht while aiming for flat growth in terms of sales, considering the ongoing negative factors.
DAD eyes state construction projects
Business, Kanana Katharangsiporn, Published on 23/01/2024
» Dhanarak Asset Development (DAD) Co, a state enterprise under the Ministry of Finance, is diversifying to become a one-stop service provider for the construction of property for state agencies, with the aim of having at least two projects per year during the period 2024-27.
Phuket adds 4 top-end villas
Business, Kanana Katharangsiporn, Published on 19/12/2023
» SET-listed Charn Issara Development launched four super-luxury villas priced between 250 and 300 million baht in the Sri Panwa project in Phuket, targeting affluent Thai, Chinese and Russian buyers.
Contractors push for tax incentive
Business, Kanana Katharangsiporn, Published on 31/10/2023
» The government should offer tax incentives to buyers of self-built homes as it can contribute to the economy, increase stamp duty revenue and deter irresponsible builders, says the Home Builder Association.