Showing 1 - 10 of 148
Struggling to recover
Kanana Katharangsiporn, Published on 06/05/2024
» With an unfavourable economy and expiration of discounts for the land and building tax this year, property developers are thinking twice about acquiring new land plots, shifting instead to draining inventory.
Residential prices to rise in second half
Kanana Katharangsiporn, Published on 22/04/2024
» The price index for new residential supply in Greater Bangkok should continue to rise in the second half as older inventory is absorbed following property stimulus measures starting this month, according to a research firm.
Eastern developers ease supply
Kanana Katharangsiporn, Published on 01/04/2024
» The ability of local developers to adapt improved absorption rates across most housing categories in three eastern provinces, as they slowed launches amid unfavourable conditions.
New residential sales fell 22.5% in 2023
Business, Kanana Katharangsiporn, Published on 29/03/2024
» New residential units sold in Greater Bangkok in the fourth quarter of 2023 declined by 14.5% year-on-year, resulting in a 22.5% decrease for the full year, according to the Real Estate Information Center (REIC).
DAD eyes state construction projects
Business, Kanana Katharangsiporn, Published on 23/01/2024
» Dhanarak Asset Development (DAD) Co, a state enterprise under the Ministry of Finance, is diversifying to become a one-stop service provider for the construction of property for state agencies, with the aim of having at least two projects per year during the period 2024-27.
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.
Low-rise segment dominates Rayong
Kanana Katharangsiporn, Published on 10/01/2024
» The residential market in Rayong was driven by employees in industrial estates, with strong demand in the low-rise housing segment, while the condo sector struggled to meet demand.
Developers should be wary of low-cost condo segment
Business, Kanana Katharangsiporn, Published on 02/01/2024
» Developers should exercise caution when launching new condos and townhouses priced less than 2 million baht in Greater Bangkok as a substantial inventory of unsold units might result in increased competition, potentially leading to discounted prices.
C.P. Land allocates B30bn in investment
Business, Kanana Katharangsiporn, Published on 14/12/2023
» C.P. Land Plc, a property firm owned by the Chearavanont family, plans to invest 30 billion baht to acquire hotels and develop residential projects in 2024-25 with the goal of generating 15.5 billion baht in revenue during this period.
Bangkok land price index up 3% in Q3
Kanana Katharangsiporn, Published on 02/11/2023
» The land price index in Greater Bangkok for the third quarter of 2023 increased 3% year-on-year, the lowest growth rate in seven quarters.