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Search Result for “rates”

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PROPERTY

FPT shifts focus to low-rise inventory

Kanana Katharangsiporn, Published on 21/10/2023

» SET-listed Frasers Property Thailand (FPT) plans to revise its business plan for 2024 and launch only one low-rise condo project in the fourth quarter this year, focusing instead on its inventory of low-rise houses because of negative factors.

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PROPERTY

Condo prices suffer from glut

Business, Kanana Katharangsiporn, Published on 19/10/2023

» The price index of new condos in Nonthaburi and Samut Prakan declined for four consecutive quarters because of an oversupply of unsold units in older projects, primarily within price segments affected by negative factors.

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PROPERTY

Singha to launch B5bn projects in Q4

Business, Kanana Katharangsiporn, Published on 17/10/2023

» SET-listed Singha Estate is planning to launch two new low-rise housing projects worth 5 billion baht in the fourth quarter, targeting a pricing segment of 15 million baht as buyers in this range are receiving a minimal impact from economic conditions.

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PROPERTY

Sentiment index slips in third quarter

Business, Kanana Katharangsiporn, Published on 13/10/2023

» The sentiment of housing developers for the next six months declined in the third quarter, with the most significant drop relating to employment concerns after the government announced a minimum daily wage of 400 baht next year.

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PROPERTY

Rate hike would likely hurt housing market

Business, Kanana Katharangsiporn, Published on 26/09/2023

» Interest rates in Thailand should not be raised because doing so would adversely affect the housing market where demand is weak, say analysts.

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PROPERTY

Call for measures to boost Chiang Mai housing sector

Business, Kanana Katharangsiporn, Published on 13/09/2023

» The Chiang Mai housing market is expected to recover next year, but the government should implement measures to enhance home purchasing power, according to local developers.

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PROPERTY

Developers warned over unsold homes

Business, Kanana Katharangsiporn, Published on 12/09/2023

» Kasikorn Research Center has warned developers to be more cautious about launching new residential supply due to increasing amounts of unsold inventory, rising costs, and a declining population.

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PROPERTY

Residential market showing improvement since election

Business, Kanana Katharangsiporn, Published on 31/08/2023

» Since the general election, the residential market has slowly improved, primarily in the middle to upper-end segment, while low-income earners continue to be affected by an uneven economic recovery.

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PROPERTY

Perks needed to up demand

Business, Kanana Katharangsiporn, Published on 29/08/2023

» Property incentives are needed to boost residential demand during the remainder of the year as the number of housing transfers and sales in the second quarter continued to drop, according to the Real Estate Information Center (REIC).

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GENERAL

CPanel sees prospects for precast concrete

Business, Kanana Katharangsiporn, Published on 25/08/2023

» The new government's pledge to increase the daily minimum wage to 600 baht as well as the Ashton Asoke case should help the already robust precast concrete industry, according to MAI-listed precast concrete producer CPanel.