Showing 1-10 of 13 results
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Property stimulus bump to lift Thai stock market
Business, Nuntawun Polkuamdee, Published on 12/04/2024
» The recently approved property stimulus measures should help the Thai stock market as they significantly lower costs for homebuyers, with the cuts to transfer and mortgage fees applying to up to 70% of the units available in the property market.
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Chewathai preps B600m for land, 4 new projects
Business, Kanana Katharangsiporn, Published on 16/02/2024
» MAI-listed developer Chewathai is preparing 600 million baht to acquire new land plots and launch four residential projects worth a combined 3.7 billion baht, aiming for a 5% increase in revenue to reach 2 billion baht this year.
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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.
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Government urged to allay concerns over rate hikes
Kanana Katharangsiporn, Published on 04/01/2024
» As interest rates steady, the government should announce there will be no new rate hikes to bolster homebuyers' confidence amid an uneven economic recovery, says a property researcher.
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Singapore developer Frasers’ profit slumps on global downturn
Bloomberg News, Published on 11/11/2023
» SINGAPORE - Frasers Property Limited, a Singaporean multinational real estate and property management company, reported a significant drop in full-year profit as higher interest rates prompted fair value losses on commercial properties in the United Kingdom (UK), Australia and Europe.
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Explainer - Vietnam's real estate woes: how much worse can they get?
Reuters, Published on 26/10/2023
» HANOI - A rough year for Vietnam's real estate sector has seen developers miss interest payments on debt, amid a credit crunch spurred by ill-timed government measures, although spillover risk has been limited.
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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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Major Chinese developer avoids default
Published on 02/09/2023
» BEIJING: The Chinese developer Country Garden has won approval from creditors to extend a deadline for a key bond repayment, narrowly avoiding a potential default.
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Pruksa urges income boost for residents
Business, Kanana Katharangsiporn, Published on 16/08/2023
» The new government should enhance people's income to make home purchases more accessible, though property measures may be unnecessary, says SET-listed developer Pruksa Holding.
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When will Hong Kong property prices recover? Not any time soon
South China Morning Post, Published on 04/08/2023
» The extended weakness in Hong Kong's residential property market has been an unusual and unpleasant experience for many of us. Property turnover fell 40% last year with buyers waiting for price falls and sellers unwilling to sell at these prices.
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