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Search Result for “Wages”

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PROPERTY

Bangkok condo price index up 3.4%

Business, Kanana Katharangsiporn, Published on 06/06/2025

» The price index for new condos for sale in Greater Bangkok rose 3.4% year-on-year in the first quarter of 2025, marking the second straight quarter exceeding 3%, driven by rising development costs, according to the Real Estate Information Center (REIC).

PROPERTY

Increasing costs affect new property projects

Kanana Katharangsiporn, Published on 07/11/2024

» Homebuyers are encouraged to choose completed housing or units under construction in existing projects, as housing prices are expected to rise next year because of increasing costs affecting new projects, according to the Real Estate Information Center (REIC).

PROPERTY

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.

PROPERTY

Condo, low-rise house price index up in second quarter

Kanana Katharangsiporn, Published on 15/07/2024

» The price index of new condos and low-rise houses offered for sale in Greater Bangkok in the second quarter continued to rise for a sixth consecutive quarter, driven by higher land prices, construction costs and wages.

PROPERTY

Amata VN forecasts revenue to rise by up to 20%

Business, Lamonphet Apisitniran, Published on 25/06/2024

» SET-listed Amata VN, an industrial estate developer in Vietnam, expects its revenue to increase by 15-20% in 2024, driven by more foreign investment in Vietnam, especially from China, as a result of geopolitical conflicts and the US-China trade war.

PROPERTY

Minimum wage hits construction prices

Business, Kanana Katharangsiporn, Published on 23/04/2024

» The new daily minimum wage, which became effective in early January, drove up home construction prices in the first quarter, despite a drop in costs due to the influx of Chinese steel and the delayed disbursement of the government's budget.

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

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.

PROPERTY

Pruksa urges income boost for residents

Business, Kanana Katharangsiporn, Published on 16/08/2023

» The new government should enhance people's income to make home purchases more accessible, though property measures may be unnecessary, says SET-listed developer Pruksa Holding.

PROPERTY

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.