Showing 1 - 7 of 7
Generation Rent
Business, Somruedi Banchongduang, Published on 02/12/2024
» Potential homebuyers from Gen Y and Z face significant obstacles to owning a home, with the primary one limited access to mortgages.
Rate cut to have muted effect on potential homebuyers
Business, Somruedi Banchongduang, Published on 24/10/2024
» The Housing Finance Association expects the recent policy rate cut by the Bank of Thailand will have a greater effect on mortgage holders than potential home loan applicants, as consumer purchasing power remains weak.
Developer pushes mortgage options
Business, Somruedi Banchongduang, Published on 14/09/2024
» The government is being advised to offer 20-year fixed-rate mortgages to help low-income individuals access lending, addressing an obstacle for many Thais who want to own a home.
Mortgage bad-debt rate climbs
Somruedi Banchongduang, Published on 27/08/2024
» Lower-income homebuyers have struggled to repay mortgages following an uptick in interest rates, leading to a significant increase in housing non-performing loans (NPLs) during the second quarter of this year.
Mortgage rejection rate soars after pandemic
Business, Somruedi Banchongduang, Published on 12/03/2024
» Following the pandemic, there has been a surge in the rejection rate of housing loan applications, attributed to would-be homebuyers' weakened debt repayment capability, stemming from the sluggish economic growth and higher cost of living.
Developers should be wary of low-cost condo segment
Business, Kanana Katharangsiporn, Published on 02/01/2024
» Developers should exercise caution when launching new condos and townhouses priced less than 2 million baht in Greater Bangkok as a substantial inventory of unsold units might result in increased competition, potentially leading to discounted prices.
PIN expects land sales in east to expand
Business, Lamonphet Apisitniran, Published on 28/02/2023
» Industrial estate developer Pinthong Industrial Park Plc (PIN) expects its land sales in the eastern provinces of Chon Buri and Rayong to reach 420 rai, driven by investment from China in electric vehicle (EV) manufacturing.