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PROPERTY

Mortgage rejection rates expected to remain high

Business, Kanana Katharangsiporn, Published on 10/04/2025

» Mortgage rejection rates are anticipated to remain elevated due to persistent global economic headwinds, though eased loan-to-value (LTV) limits and lower fees may help support a recovery in the housing market, according to banks and developers.

PROPERTY

Charn Issara eyes luxury projects

Kanana Katharangsiporn, Published on 08/03/2025

» Charn Issara Development plans to launch six new projects worth a combined 16 billion baht, primarily in the luxury segment across Bangkok, Phuket and Hua Hin, driven by strong demand.

PROPERTY

Dusit, Grand Land kick off construction of Asai Cebu Oslob

Business, Published on 14/02/2025

» Dusit International, Thailand's leading hotel and property development company, and Grand Land Inc, a subsidiary of the Gaisano Grand Group of Companies in the Philippines, have commenced construction of Asai Cebu Oslob.

PROPERTY

Estate developers set to thrive

Business, Kanana Katharangsiporn, Published on 22/01/2025

» Rental rates for factory and warehouse space are expected to continue rising, but will remain below pre-pandemic levels, unlike industrial land sales, which have recorded strong demand, primarily from Chinese investors who prefer buying over renting.

PROPERTY

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.

PROPERTY

Sena pioneers condo ‘subscriptions’

Kanana Katharangsiporn, Published on 19/11/2024

» SET-listed Sena Development has introduced Thailand’s first subscription model for condominium units to capitalise on the preferences of the new generation, who prioritise affordability, flexibility and a trial run before committing to ownership.

PROPERTY

Chinese crucial to Phuket in Q4

Kanana Katharangsiporn, Published on 08/07/2024

» August will be a critical month to gauge the number of Chinese tourists in Phuket during the fourth quarter, as the condo market on the island is projected to have the highest launch of new supply in its history.

PROPERTY

Foreign buyers drive Q1 condo sales

Business, Kanana Katharangsiporn, Published on 28/05/2024

» The condo market still has to rely on foreign demand as total transfers in the first quarter were mainly driven by foreign buyers, whose proportion rose to the highest in history, according to the Real Estate Information Center (REIC).

PROPERTY

Developers want foreign quotas to be hiked

Kanana Katharangsiporn, Published on 17/04/2024

» Foreign ownership quotas for condos should be increased in certain areas to stimulate the economy as increasing demand from foreign buyers last year is expected to continue this year.

PROPERTY

Standard preps Hua Hin, Phuket projects

Business, Kanana Katharangsiporn, Published on 07/02/2024

» Hospitality firm Standard International is planning to launch two projects of The Standard Residences in Phuket and Hua Hin in the second quarter, with combined sales of 8.5 billion baht, aiming to achieve a 60% target in presales.