Showing 1 - 10 of 23
Minimum wage hits construction prices
Business, Kanana Katharangsiporn, Published on 23/04/2024
» The new daily minimum wage, which became effective in early January, drove up home construction prices in the first quarter, despite a drop in costs due to the influx of Chinese steel and the delayed disbursement of the government's budget.
Travellers push up demand for rental residences
Business, Molpasorn Shoowong, Published on 05/03/2024
» Thailand can expect stronger demand for rental residences, especially from foreign expatriates or young workers who may not be able to afford to purchase a home, according to rental residence developer Homa.
Tighter lending rules hinder condo market
Business, Kanana Katharangsiporn, Published on 13/02/2024
» The industrial and hotel sectors will continue to grow, unlike the condo market which will remain sluggish due to stricter rules for mortgage lending by banks, according to property consultant Knight Frank Thailand.
Hong Kong home sales sink to 33-year low
South China Morning Post, Published on 03/01/2024
» Property transactions in Hong Kong descended to the lowest level in 33 years in 2023 as sentiment among potential homebuyers was submerged under a deluge of poor economic news and high interest rates, although December's sales figures showed some rebound.
AWC adds value in bid to woo tenants
Business, Molpasorn Shoowong, Published on 19/12/2023
» Amid sluggish demand for commercial real estate, developers are having to invest greater sums in co-living programmes to provide an enhanced quality of life for office workers in a bid to attract new tenants, according to SET-listed Asset World Corp (AWC).
MQDC to launch new project in Pattaya
Business, Kanana Katharangsiporn, Published on 05/10/2023
» Property developer Magnolia Quality Development Corporation Ltd (MQDC) is eager to launch a new mixed-use project in Pattaya next year, following a residential unit transfer worth 10 billion baht at its mega-project The Forestias in early 2024.
Homeless subsidies falling on deaf ears
Post Reporters, Published on 04/10/2023
» The Department of Social Development and Welfare is pushing housing subsidies for homeless people as fewer than 100 people have registered for the scheme over the past year, according to Minister of Social Development and Human Security Varawut Silpa-archa.
Rate hike would likely hurt housing market
Business, Kanana Katharangsiporn, Published on 26/09/2023
» Interest rates in Thailand should not be raised because doing so would adversely affect the housing market where demand is weak, say analysts.
Malaysia's Forest City teeters over China property giant woes
Published on 03/09/2023
» On the approach to Malaysia's $100-billion island megaproject backed by Chinese investment, a collapsed bridge forces drivers to detour before they reach an artificial city emerging from palm oil trees where condos, roads and shops lay empty.
ASW forges tie-up with Tokyo Tatemono
Business, Published on 05/08/2023
» Asset Wise Plc (ASW) has teamed up with leading Japanese real estate giant Tokyo Tatemono Co to jointly invest in the development of the Kave Coco Bang Saen project, which is valued at over 2 billion baht.