Showing 41 - 50 of 130
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.
Government urged to allay concerns over rate hikes
Kanana Katharangsiporn, Published on 04/01/2024
» As interest rates steady, the government should announce there will be no new rate hikes to bolster homebuyers' confidence amid an uneven economic recovery, says a property researcher.
Luxury home segment signals excess of supply
Business, Kanana Katharangsiporn, Published on 03/01/2024
» The luxury home segment has started to signal an excess of supply, while middle to upper end low-rise houses should enjoy higher demand as mass transit lines expand to outer-city areas, says a property consultancy.
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.
Ministry urges help for homebuyers
Wichit Chantanusornsiri, Published on 25/12/2023
» Policymakers in the Finance Ministry recommend the government implement measures to improve the property sector, helping to stimulate the economy next year, says a ministry source who requested anonymity.
Second-hand home market posts gains
Kanana Katharangsiporn, Published on 25/12/2023
» Rising housing prices and interest rates coupled with reduced purchasing power are expected to drive demand for second-hand homes in preferred locations at more affordable prices, according to the Real Estate Information Center (REIC).
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.
Singapore home sales hit four-month high on renewed supply
Bloomberg News, Published on 15/12/2023
» SINGAPORE - Private home sales in Singapore rebounded to the highest since July, as a flurry of project launches reversed a three-month decline.
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.
Construction jobs to grow amid condo revival
Kanana Katharangsiporn, Published on 23/11/2023
» Construction jobs in the private sector are expected to rebound next year as the effects of the pandemic on the property sector, particularly the condo segment, are projected to end this year, according to SET-listed contractor Prebuilt Plc.