Showing 71 - 80 of 133
Residential market records 29.1% drop in new sales in Q1
Kanana Katharangsiporn, Published on 31/07/2023
» The residential property market witnessed a significant 29.1% drop in new sales in the first quarter of 2023, with condos being the primary factor contributing to the slowdown.
LPN jittery over delays to new government
Business, Kanana Katharangsiporn, Published on 25/05/2023
» The delay in the establishment of the new government may lead to a lack of confidence among financial institutions, which in turn could impact the consideration and approval of home loans, according to SET-listed developer L.P.N. Development.
Bad mortgage loans rise amid rate hikes
Business, Somruedi Banchongduang, Published on 23/05/2023
» Non-performing mortgage loans (NPLs) increased in the first quarter of this year due to rising interest rates, with the Bank of Thailand encouraging banks to help borrowers through debt restructuring.
Developers take a hit as LTV easing ends
Business, Kanana Katharangsiporn, Published on 18/05/2023
» The expiration of the easing of loan-to-value (LTV) limits has had an impact on two-thirds of listed developers, resulting in residential sales revenue declining year-on-year in the first quarter of 2023.
Bangkok land price index surges in Q1
Business, Kanana Katharangsiporn, Published on 09/05/2023
» The land price index in Greater Bangkok rose in the first quarter of 2023 with a double-digit increase, driven by land price hikes on the outskirts of the capital.
Tourism, agriculture beefs up demand in Northeast
Business, Kanana Katharangsiporn, Published on 19/04/2023
» The Mice (meetings, incentives, conventions and exhibitions), tourism and agricultural sectors are expected to continue driving housing demand in major provinces in the Northeast despite the rate of inflation, with the help of China’s reopening earlier this year.
Developer index further decreases
Business, Kanana Katharangsiporn, Published on 12/04/2023
» Housing developer confidence continued to drop in the first quarter of 2023 after two recent interest rate hikes, according to the Real Estate Information Center (REIC).
SC allots $40m for US plan
Business, Kanana Katharangsiporn, Published on 04/04/2023
» SET-listed developer SC Asset Corporation Plc will continue to invest in rental apartments in the US, with a budget of US$20 million per year for 2023-24, as the recent collapse of American banks would not have any impact on its investment plan.
Ayutthaya condo market sees rebound
Business, Kanana Katharangsiporn, Published on 03/04/2023
» The growing industrial sector and a tourism recovery helped the Ayutthaya property market register a strong rebound for condos priced 1-1.5 million baht in the second half last year.
New tax reduction for land and buildings comes into effect
Business, Wichit Chantanusornsiri, Published on 21/03/2023
» A 15% reduction in the land and building tax has taken effect, says Fiscal Policy Office (FPO) director-general Pornchai Thiraveja.