Showing 1 - 10 of 23
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.
Seacon banks on civil servants
Kanana Katharangsiporn, Published on 26/02/2025
» Homebuilder Seacon continues to target civil servants amid the economic slowdown, aiming to achieve 1.69 billion baht in sales this year, growth of 12% yet less than its peak of 2 billion baht.
House prices having less impact than mortgage woes
Business, Kanana Katharangsiporn, Published on 08/10/2024
» The increase in house prices, driven by rising construction costs, has had a significantly lower impact on prospective homebuyers compared to the difficulty people face in securing mortgage loans, according to property associations.
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.
Residential market showing improvement since election
Business, Kanana Katharangsiporn, Published on 31/08/2023
» Since the general election, the residential market has slowly improved, primarily in the middle to upper-end segment, while low-income earners continue to be affected by an uneven economic recovery.
Call for special rates for first-time buyers
Kanana Katharangsiporn, Published on 21/08/2023
» Developers would like the new government to provide special interest rates for first-time buyers and offer tax deductions to improve property purchasing power as housing units spike and interest rates continue to climb.
Homebuilding prices swell
Business, Kanana Katharangsiporn, Published on 21/10/2022
» The standard home construction price index rose 6.2% year-on-year in the third quarter, a new peak and the highest increase in a decade, largely attributed to soaring fuel prices.
Drive for upscale visitors holds promise for Marriott
Business, Kanana Katharangsiporn, Published on 19/09/2022
» Marriott International is expecting to grow as the Thai government aims to attract more upscale visitors, with the majority of the company's 36 new properties in the pipeline over the next four years in the luxury segment.
Sena rolls out leasing option
Business, Kanana Katharangsiporn, Published on 06/08/2022
» As a rise in interest rates will lower home purchasing power, SET-listed developer Sena Development Plc plans to lower the prices of residential units and offer a leasing programme to help homebuyers own a unit more easily.
Loan rejection still a barrier for scheme
Business, Kanana Katharangsiporn, Published on 22/09/2021
» Home loan rejection remains a key problem despite the government's low-interest-rate mortgages under the stimulus scheme of 1 million units having been in high demand in major northeastern provinces.