Showing 1-10 of 11 results
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Chinese buyers benefited from Hong Kong's property curbs removal
South China Morning Post, Published on 26/03/2024
» HONG KONG: Mainland Chinese buyers are aggressively snapping up new luxury homes worth HK$30 million (140 million baht) or more since the removal of all of Hong Kong's property curbs last month, JLL said.
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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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Pruksa preps 30 projects worth B29bn
Business, Kanana Katharangsiporn, Published on 20/02/2024
» SET-listed developer Pruksa Holding (PSH) is planning to launch 30 new residential projects worth a combined 29 billion baht, with a shift to the upper-priced segment to balance those in the lower-end market affected by negative factors.
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Experts see residential recovery next year
Kanana Katharangsiporn, Published on 22/11/2023
» The residential market won't recover until 2024 due to mortgage loan approval issues, particularly in the mass market which has been affected by higher interest rates, according to property experts.
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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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Bangkok new condo sales remain low in second quarter
Business, Kanana Katharangsiporn, Published on 08/09/2023
» Sales of new condo supply launched in Bangkok in the second quarter remained low as buyers continued to opt for units that are ready to move in to avoid mortgage rejections.
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ChatGPT disrupts Asian property industry
South China Morning Post, Published on 10/06/2023
» HONG KONG: In a city of the future, a citizen looking to buy a home will simply explain their requirements to an artificial intelligence (AI)-based assistant, which will orchestrate the entire selection and buying process without a human property agent - or the commissions such agents command.
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Origin prepping first condo-backed tokens
Business, Sirinnaree Ongsakul, Published on 28/04/2023
» SET-listed real estate developer Origin Property is joining hands with two digital asset companies in launching Thailand's first condo-backed digital tokens, targeting 361 units of three condominiums in central Bangkok.
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Developers focus on more US rate hikes
Business, Kanana Katharangsiporn, Published on 14/03/2023
» Developers are more worried about the impact on the housing market of future interest rate hikes by the US Federal Reserve than they are about the sudden collapse of Silicon Valley Bank (SVB).
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Spooked by protests, HK citizens snap up apartments in Malaysia
Business, Published on 22/08/2019
» KUALA LUMPUR/HONG KONG: Hong Kong citizens have snapped up about 200 apartments in the past two months at a sprawling housing development in Malaysia, two estate agents said, a sign that some Hong Kongers are looking for homes elsewhere due to the political volatility at home.
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