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BUSINESS

Examining the crux of the credit crunch

Business, Kanana Katharangsiporn, Published on 18/10/2025

» Thailand's residential property sector is grappling with a severe credit crunch, as mortgage rejection rates have surged to an unprecedented 80% this year, up sharply from around 30% during the pandemic, according to developers.

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BUSINESS

Quelling the tremors of March 28

Business, Kanana Katharangsiporn, Published on 07/06/2025

» The earthquake that struck Myanmar on March 28 sent tremors through many high-rise buildings in Bangkok, shaking not just the structures but also buyer confidence, if only briefly.

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PROPERTY

Second-hand condo units register gains

Business, Kanana Katharangsiporn, Published on 02/06/2025

» Second-hand condo transfers nationwide in the first quarter of 2025 increased across most price segments, primarily due to weakened purchasing power, according to the Real Estate Information Center (REIC).

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PROPERTY

Phuket, Rayong and Samui post transfer growth in Q1

Kanana Katharangsiporn, Published on 27/05/2025

» Phuket, Rayong and Samui were the only destinations to record growth in residential transfers in the first quarter of 2025, following a crackdown on nominee ownership by the Central Investigation Bureau (CIB).

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PROPERTY

Building owners choose to sell up as taxes start to bite

Business, Kanana Katharangsiporn, Published on 13/05/2025

» The land and building tax is continuing to force outdated and less competitive offices, apartments and hotels to exit the market, with many putting their assets up for sale or lease in the tourism sector.

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BUSINESS

Banks highlight methods to reduce mortgage rejections

Business, Kanana Katharangsiporn, Published on 17/04/2025

» Clearing debts, disclosing all sources of income, preparing documents and avoiding rushed applications can reduce the mortgage rejection rate, which rose to an average of 45% in the first quarter, according to financial institutions.

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PROPERTY

Residential developers fine-tune strategy

Kanana Katharangsiporn, Published on 27/03/2025

» Residential supply and demand in Chon Buri has shifted towards the rental market due to weakened purchasing power and high mortgage rejection rates among prospective local homebuyers, while foreign demand remains strong, according to property executives.

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PROPERTY

Ins and outs of daily condo rentals

Kanana Katharangsiporn, Published on 22/03/2025

» The illegal rental of condo units on a daily basis has sparked serious concerns among residents and co-owners over safety, irresponsible behaviour, and noise disturbances caused by short-term guests.

PROPERTY

Firms jittery on new launches

Kanana Katharangsiporn, Published on 26/09/2024

» Residential developers in Greater Bangkok should exercise caution regarding new launches over the next nine months as the market is showing signs of strain, with declining sales and increasing unsold inventory in the second quarter.

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PROPERTY

Buyers without borders

Kanana Katharangsiporn, Published on 01/07/2024

» The cabinet last month resurrected the controversial issue of offering more welcoming residential property measures for foreign buyers.