Showing 1-10 of 44 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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LPN eyes condo revenue of B5bn
Kanana Katharangsiporn, Published on 26/02/2024
» SET-listed L.P.N. Development aims to generate revenue of 4.5-5 billion baht from its condo inventory totalling 11 billion baht by offering discounts, as the carrying cost of inventory is 4% per year, says the new top executive.
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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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Residential property market remains tepid this year
Business, Kanana Katharangsiporn, Published on 17/02/2024
» Though Thai GDP growth is forecast at 2.8-3.2% this year, the residential market may post marginal gains as demand remains weak, according to the Real Estate Information Center (REIC).
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Surge in new office supply to prompt rejig
Business, Kanana Katharangsiporn, Published on 15/02/2024
» As around 1.4 million square metres of new office space is slated for completion between 2024 and 2026, landlords of existing office space should renovate or add new amenities to retain their existing tenants as new office towers will seek to attract both new clients and tenants of existing properties looking to relocate.
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Singapore home rents fall for first time in over three years
Bloomberg News, Published on 26/01/2024
» Singapore rents dropped for the first time in more than three years, giving respite to tenants on the back of increased housing supply and expectations for an economic slowdown.
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Noble continues to tap overseas markets
Business, Kanana Katharangsiporn, Published on 19/01/2024
» After achieving a record high in overseas sales last year, SET-listed developer Noble Development will continue introducing ready-to-move-in condos priced below 5 million baht in locations familiar to foreigners to tap overseas markets this year.
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Bangkok condo prices rise amid year-long surge
Business, Kanana Katharangsiporn, Published on 16/01/2024
» Condo prices in Bangkok have continued to rise, with lower Sukhumvit experiencing the highest increase, while those in neighbouring provinces dropped, primarily due to the large number of remaining unsold units.
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Cheaper condos see demand soar
Business, Kanana Katharangsiporn, Published on 27/12/2023
» Low-priced condos are expected to be in high demand next year based on affordability, the expansion of new mass transit lines and rising land prices.
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Housing market woos Japanese firms
Business, Kanana Katharangsiporn, Published on 22/12/2023
» The Thai housing market remains appealing to both new Japanese developers entering with a budget of 100-300 million baht per project as well as existing developers considering a change of partner.
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