Showing 1 - 5 of 5
Mass transit propels Bangkok vacant land prices
Business, Kanana Katharangsiporn, Published on 22/11/2024
» Mass transit has lifted the price index of vacant land in Greater Bangkok, signalling a recovery in the property market, with further price increases anticipated in 2025, according to the Real Estate Information Center (REIC).
Condo sales surge around hospital
Business, Kanana Katharangsiporn, Published on 10/10/2024
» The sales rate for condos in locations near Siriraj Hospital was robust at 77% in the first half of 2024, driven by limited land availability and strong demand from medical staff and students.
Concerns about foreign property perks downplayed
Onnucha Hutasingh, Published on 06/07/2024
» The government has played down concerns raised over the possible negative impacts of its proposal to increase the foreign ownership quota for condominiums to 75% and extend land leasehold terms to 99 years.
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.
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.