Showing 101 - 110 of 201
Origin to withhold middle-class condo offerings
Business, Kanana Katharangsiporn, Published on 27/11/2018
» SET-listed developer Origin Property Plc (ORI) will freeze launches of new condo projects for the middle class for at least two years, due to the new requirements on mortgage lending taking effect on April 1 deterring some buyers in this segment.
Condominium market picked to slow in 2019
Business, Kanana Katharangsiporn, Published on 08/11/2018
» The residential market in 2019 will slow down, with new condominiums in middle- to lower-end segments expected to delay launches if the Bank of Thailand's new requirements on loan-to-value (LTV) limits, scheduled to be announced tomorrow, are unchanged, says an industry chief.
MQDC requesting higher down payment for condos
Business, Kanana Katharangsiporn, Published on 01/11/2018
» Magnolia Quality Development Corporation Ltd (MQDC), a property arm of the Chearavanont family, will collect a down payment of 25% of the unit price at a new luxury condo project it will launch this weekend to prepare customers for lower loan-to-value (LTV) ratios on mortgage lending.
Grande Asset sanguine about LTV adjustment
Business, Kanana Katharangsiporn, Published on 01/11/2018
» SET-listed developer Grande Asset Hotels & Property Plc says it's not worried about a new loan-to-value (LTV) requirement, noting that the company collects relatively high down payments and half of its customers buy with cash.
Manchester condos to lure Thai buyers
Business, Kanana Katharangsiporn, Published on 31/10/2018
» Investment and business consultant PNN Capital Co will introduce a condominium in Manchester to Thai investment buyers as an alternative to London apartments because the northwestern English city is drawing relocations of large firms.
Richy Place preempts BoT with higher deposit
Business, Kanana Katharangsiporn, Published on 30/10/2018
» SET-listed developer Richy Place 2002 Plc plans to collect larger down payments -- 15% instead of 10% of unit prices for new condos -- and is cutting the sales target for new project launches because of the central bank's new loan-to-value (LTV) limit.
Furore over LTV rules continues
Business, Kanana Katharangsiporn, Published on 22/10/2018
» The Bank of Thailand's new requirements meant to improve mortgage lending quality and curb rampant search-for-yield behaviour in the residential market remain a subject of debate among developers, notably in Greater Bangkok, where mass transit development has ignited the property market's expansion.
Raimon Land buying KPN
Business, Kanana Katharangsiporn, Published on 13/10/2018
» SET-listed developer Raimon Land Plc (RML) expects to have the largest market share in the luxury residential segment after acquiring KPN Land Co, a property arm owned by the Narongdej family.
Raimon Land chief denies back-door listing allegations
Business, Kanana Katharangsiporn, Published on 22/08/2018
» The 2.5-billion-baht acquisition of two land plots and unsold condo units from KPN Land Co, a property arm owned by the Narongdej family, is not a back-door listing by the family, insists Adrian Lee, chief executive of SET-listed developer Raimon Land Plc (RML).
Raimon Land adds two plots
Business, Kanana Katharangsiporn, Published on 17/08/2018
» SET-listed developer Raimon Land Plc (RML) will have at least seven prime land plots worth more than 10 billion baht combined for future development of luxury condominiums after the company's board agreed to acquire two plots on Sukhumvit Road from KPN Land Co.