Showing 1 - 10 of 31
Amending property rules likely to spur sales
Business, Kanana Katharangsiporn, Published on 19/04/2024
» Amending obsolete rules regarding property development can improve home purchasing power, enabling homebuyers to afford units, say developers.
Reaping the property stimulus rewards
Business, Kanana Katharangsiporn, Published on 18/04/2024
» The cabinet last week offered Thai New Year's gifts to potential homeowners, approving measures that extend the price range of houses eligible for a cut in transfer and mortgage registration fees to 7 million baht, up from a ceiling of 3 million baht.
Cabinet endorses property stimulus
Business, Published on 10/04/2024
» The cabinet on Tuesday approved fresh property measures, including new cuts of the transfer fee and raising the limit for home and condo prices eligible for the transfer and mortgage registration fee benefits to 7 million baht, up from the current level of less than 3 million.
New measures to boost 'sagging' property sector approved
Bloomberg News, Published on 09/04/2024
» The government has unveiled a slew of new measures including reduction in property registration and transfer fees to revive Thailand's residential real estate market.
Property perks ‘could lift GDP growth to 4%’
Published on 09/04/2024
» The economy could grow by slightly more than 4% this year, driven by measures to boost the property sector approved on Tuesday, the Ministry of Finance said, as the government attempts to revive economic activity.
Developers project 10% residential gain
Business, Kanana Katharangsiporn, Published on 22/03/2024
» The residential market this year is expected to grow by 10%, even though eased loan-to-value (LTV) limits were not approved, and interest rates might not decrease soon, according to property developers.
Residential property market remains tepid this year
Business, Kanana Katharangsiporn, Published on 17/02/2024
» Though Thai GDP growth is forecast at 2.8-3.2% this year, the residential market may post marginal gains as demand remains weak, according to the Real Estate Information Center (REIC).
Surge in new office supply to prompt rejig
Business, Kanana Katharangsiporn, Published on 15/02/2024
» As around 1.4 million square metres of new office space is slated for completion between 2024 and 2026, landlords of existing office space should renovate or add new amenities to retain their existing tenants as new office towers will seek to attract both new clients and tenants of existing properties looking to relocate.
Raimon Land ups capital to B7.76bn
Business, Published on 13/02/2024
» Raimon Land Plc, a leader in luxury and ultra-luxury real estate development, has announced a capital increase of 3.58 billion baht to 7.76 billion baht and a warrants issue.
Finance Ministry urges aid for ailing property sector
Business, Wichit Chantanusornsiri, Published on 09/02/2024
» The Finance Ministry recommends the government implement measures to improve the property sector and stimulate the economy, says Deputy Minister of Finance Krisada Chinavicharana.