Showing 1 - 10 of 20
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.
Housing prices expected to remain flat
Business, Kanana Katharangsiporn, Published on 27/02/2024
» Housing prices this year will remain flat as the market is forecast to be unfavourable, with an overwhelming number of unsold units and many developers seeking to cash in.
Homebuyer confidence down from 2022
Business, Kanana Katharangsiporn, Published on 08/12/2023
» The homebuyer confidence index in 2023 fell from last year as faith in respondents' financial status weakened, leading to a perception that it was not the right time to invest in high-value items, according to recent research.
Sentiment index slips in third quarter
Business, Kanana Katharangsiporn, Published on 13/10/2023
» The sentiment of housing developers for the next six months declined in the third quarter, with the most significant drop relating to employment concerns after the government announced a minimum daily wage of 400 baht next year.
REIC expects housing prices to expand by 5-10% in 2023
Business, Kanana Katharangsiporn, Published on 18/01/2023
» Housing prices are projected to rise by 5-10% this year as the standard home construction price index continued an upward trend, with a year-on-year increase of 5.6% in the fourth quarter of 2022 amid a labour shortage.
Standard forecasts continuing tourism growth
Business, Kanana Katharangsiporn, Published on 12/12/2022
» Standard International, a hospitality subsidiary of SET-listed developer Sansiri, is expecting this year's strong tourism recovery to continue into 2023, with the resumption of the Chinese market a key driver.
Bangkok land prices rise 10.3% in Q3
Business, Kanana Katharangsiporn, Published on 17/11/2022
» Despite the collection of the land and building tax increasing to the normal rate, prices of vacant land in Greater Bangkok continued to rise, posting year-on-year growth of 10.3% in the third quarter of 2022, the highest in five quarters.
Market index sees strong quarterly growth
Business, Kanana Katharangsiporn, Published on 13/07/2022
» The residential property market index in the first quarter maintained an upward trend as it saw quarter-on-quarter growth of 10.4% to 86.8, almost matching the pre-pandemic level due to a strong recovery in demand and supply.
Developers require rejig to flatten prices
Business, Kanana Katharangsiporn, Published on 10/05/2022
» Residential developers should revise down unit sizes and adjust some features to keep housing prices flat, to accommodate sluggish purchasing power after prices were pushed up by higher costs caused by the impact of the Russia-Ukraine war.
Home prices set to surge in 2022
Business, Kanana Katharangsiporn, Published on 01/02/2022
» Higher inflation, a labour shortage and the rising prices of fuel and construction materials will drive new home prices higher this year after the housing price index kept declining since the first quarter of 2020.