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PROPERTY

Residential market showing improvement since election

Business, Kanana Katharangsiporn, Published on 31/08/2023

» Since the general election, the residential market has slowly improved, primarily in the middle to upper-end segment, while low-income earners continue to be affected by an uneven economic recovery.

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PROPERTY

Perks needed to up demand

Business, Kanana Katharangsiporn, Published on 29/08/2023

» Property incentives are needed to boost residential demand during the remainder of the year as the number of housing transfers and sales in the second quarter continued to drop, according to the Real Estate Information Center (REIC).

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PROPERTY

N.C. Housing readies new projects for rest of the year

Business, Kanana Katharangsiporn, Published on 24/08/2023

» SET-listed developer N.C. Housing is confident in the Thai economy for the remainder of the year and plans to launch new projects as scheduled following the selection of a new prime minister.

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PROPERTY

Call for special rates for first-time buyers

Kanana Katharangsiporn, Published on 21/08/2023

» Developers would like the new government to provide special interest rates for first-time buyers and offer tax deductions to improve property purchasing power as housing units spike and interest rates continue to climb.

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PROPERTY

Growth in office supply to squeeze landlords

Business, Kanana Katharangsiporn, Published on 23/08/2023

» The completion of over 1.5 million square metres of new Bangkok office space within the next two years continues to put pressure on office landlords.

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PROPERTY

MQDC sets aside B400m for mall

Kanana Katharangsiporn, Published on 22/08/2023

» Property developer Magnolia Quality Development Corporation (MQDC) will invest 400 million baht to develop a community mall for creators within a mixed-use project — Cloud 11 — in collaboration with the operator of the Commons Thonglor.

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PROPERTY

Developers bullish on H2

Business, Kanana Katharangsiporn, Published on 18/08/2023

» SET-listed developers are hoping an economic recovery in the second half will help them achieve their performance goals this year after modest first-half results.

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PROPERTY

Pruksa urges income boost for residents

Business, Kanana Katharangsiporn, Published on 16/08/2023

» The new government should enhance people's income to make home purchases more accessible, though property measures may be unnecessary, says SET-listed developer Pruksa Holding.

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PROPERTY

Condo ruling could affect financing

Business, Kanana Katharangsiporn, Published on 11/08/2023

» The Ashton Asoke case, in which the condo was ordered to have its construction permit revoked, will have an impact on property developers who depend on issuing debt instruments and securing loans for funding, as lenders are becoming more hesitant, according to developers.

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PROPERTY

Ashton Asoke condo move raises eyebrows

Business, Kanana Katharangsiporn, Published on 02/08/2023

» The Supreme Administrative Court's ruling last Thursday, which revoked the receipt of notification of intention for construction or modification of the building granted to the already-finished-and-transferred 50-storey Ashton Asoke condo project, caused a stir among the public, leaving people curious about the case and its potential outcome.