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Search Result for “rejected”

Showing 1 - 10 of 17

BUSINESS

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.

BUSINESS

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.

PROPERTY

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.

PROPERTY

Housing prospects dim in Q1

Kanana Katharangsiporn, Published on 26/02/2024

» The housing market outlook remains hazy for the first quarter as both developers and homebuyers lack confidence in performance and purchases, dampened by elevated interest rates.

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.

PROPERTY

Tighter lending rules hinder condo market

Business, Kanana Katharangsiporn, Published on 13/02/2024

» The industrial and hotel sectors will continue to grow, unlike the condo market which will remain sluggish due to stricter rules for mortgage lending by banks, according to property consultant Knight Frank Thailand.

PROPERTY

LH rejigs towards recurring income

Kanana Katharangsiporn, Published on 27/01/2024

» SET-listed developer Land & Houses has reshaped its investment portfolio, amplifying its focus on recurring income properties, particularly hotels in Thailand and the US, while reducing investments in residential development.

BUSINESS

Isan property market holding steady

Business, Kanana Katharangsiporn, Published on 06/11/2020

» The residential markets in Khon Kaen, Nakhon Ratchasima and Udon Thani are projected to remain steady as the provincial economy is less vulnerable to the pandemic, according to developers.

BUSINESS

Property sales in northern region dwindle as tourism industry seizes

Business, Kanana Katharangsiporn, Published on 10/06/2020

» The residential market in northern provinces will slump further this year as the coronavirus hits key economic drivers and banks impose stricter rules on home loans, according to local developers.

BUSINESS

Tourism, FDI to revive EEC property view

Business, Kanana Katharangsiporn, Published on 05/06/2020

» The Eastern Economic Corridor (EEC), the government's flagship infrastructure project, and a tourism recovery following the pandemic will be the key factors for the property market in the three eastern provinces, according to developers.