Showing 1-10 of 18 results
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Reaping the property stimulus rewards
Business, Kanana Katharangsiporn, Published on 18/04/2024
» The cabinet last week offered Thai New Year's gifts to potential homeowners, approving measures that extend the price range of houses eligible for a cut in transfer and mortgage registration fees to 7 million baht, up from a ceiling of 3 million baht.
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Tycoon's property unit sees earnings jump on tourism boom
Bloomberg News, Published on 26/03/2024
» A Thai developer of hotels and shopping malls controlled by Thailand's richest man expects the recent surge in international tourists to boost its first quarter earnings this year.
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TCC Assets preps B113bn One Bangkok
Business, Kanana Katharangsiporn, Published on 21/03/2024
» TCC Assets (Thailand), a property arm owned by the Sirivadhanabhakdi family, is transforming Rama IV Road with the launch of the 113-billion-baht One Bangkok mixed-use project, following its investment of nearly 39 billion baht in developing six projects along the same road.
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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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Chinese, Russians among top condo buyers
Bloomberg News, Published on 15/12/2023
» Chinese and Russians have topped the list of foreign buyers of condominiums in Thailand this year, with sales surging in tourist hotspots like Bangkok, Pattaya and Phuket.
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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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China property market shows little signs of revival despite stimulus
Reuters, Published on 20/10/2023
» HONG KONG/BEIJING - China's troubled property market is showing little signs of a recovery in the short term despite a series of government stimulus measures to help revive activity in the sector which makes up a quarter of the nation's economic output.
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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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Noble rejects legal worries over condos
Business, Kanana Katharangsiporn, Published on 03/08/2023
» SET-listed developer Noble Development has insisted that its two condo projects, situated on land where parts were expropriated, have no legal issues like Ashton Asoke because their given entrance-exit has remained unchanged since they were in the possession of the previous landowners.
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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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