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PROPERTY

Frasers ups presence in condo segment

Business, Kanana Katharangsiporn, Published on 21/05/2024

» Residential developer Frasers Property Home (Thailand) is planning to launch three new condo projects worth over 1 billion baht per year over the next few years to ensure the company has products in every segment.

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PROPERTY

Supalai suggests interest rate cut to stimulate more growth

Business, Kanana Katharangsiporn, Published on 10/05/2024

» The residential market has improved following the implementation of property measures last month, but interest rates should be cut to further stimulate growth, especially in the lower-income segment, according to SET-listed developer Supalai.

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PROPERTY

Measures help boost AP's townhouse sales

Business, Kanana Katharangsiporn, Published on 09/05/2024

» The property measures that commenced last month helped boost townhouse sales in April, while a possible rise in the daily minimum wage needs to be weighed against a drop in the price of construction materials, according to SET-listed developer AP Thailand.

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PROPERTY

Sena unveils rent-to-own condo scheme

Business, Kanana Katharangsiporn, Published on 11/04/2024

» SET-listed developer Sena Development is launching a rent-to-own programme for ready-to-move-in condos, aiming to close sales of 1,000 units worth 1.4 billion baht by the end of the year.

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PROPERTY

Residential demand slows greatly in Chiang Mai

Kanana Katharangsiporn, Published on 18/03/2024

» Residential demand in Chiang Mai began slowing in the second half of 2023 and has continued through the first two months of this year, largely attributed to shrinking purchasing power caused by the economic slowdown and higher interest rates.

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PROPERTY

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.

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PROPERTY

Overwhelmed by success

Published on 11/03/2024

» Phuket has been in the limelight the past six months after the government announced a plan to elevate Thailand to an aviation hub, with Phuket the key gateway in the South.

PROPERTY

Phuket housing market still robust

Kanana Katharangsiporn, Published on 01/03/2024

» The Phuket residential market is expected to remain robust in 2024, with prices projected to increase by 10-15%, driven by Russian demand and an anticipated return of Chinese buyers in the second half, according to property consultant CBRE Thailand.

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PROPERTY

Bangkok governor responds to city plan criticism

News, Supoj Wancharoen, Published on 13/02/2024

» Bangkok governor Chadchart Sittipunt said on Monday that comprehensive city planning would not benefit financiers, adding that it can be revised after opposition from civil society networks.

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PROPERTY

Court orders liquidation of China Evergrande, owes $300bn

Published on 29/01/2024

» HONG KONG - A Hong Kong court on Monday ordered the liquidation of property giant China Evergrande Group, a move likely to send ripples through China's crumbling financial markets as policymakers scramble to contain a deepening crisis.