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PROPERTY

Call for free insurance to restore condo confidence

Business, Kanana Katharangsiporn, Published on 24/04/2025

» Condo developers should offer free insurance for unsold inventory or units scheduled for transfer to restore buyer confidence and lift revenue, as the earthquake last month shook consumer trust, according to property analysts.

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PROPERTY

Property investment cut amid weak demand

Business, Kanana Katharangsiporn, Published on 23/04/2025

» Residential developers in three eastern provinces slowed new investments last year in response to weak demand, driven by high mortgage rejection rates among local homebuyers.

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PROPERTY

Foreign condo purchases decline 6.8% in value

Business, Kanana Katharangsiporn, Published on 22/04/2025

» Condo transfers to foreign buyers in Thailand rose by 0.86% last year, but the total value declined by 6.8%, reflecting concerns over a weakening global economy that may face additional pressure from the US's tariff policies.

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PROPERTY

Condo buyers appraise developers following quake

Kanana Katharangsiporn, Published on 21/04/2025

» Condo buyers have become more cautious, selecting developers that act responsibly and respond effectively to crises after the recent earthquake raised safety concerns in Bangkok's high-rise condo market.

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PROPERTY

Wealthy Chinese still keen on Thai property

Kanana Katharangsiporn, Published on 17/04/2025

» Wealthy Chinese buyers have shifted from the United States to Thailand for overseas homes, with Thailand rising from seventh to first place last year, though safety remains a concern.

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GENERAL

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

Chinese EEC investment disappoints

Business, Kanana Katharangsiporn, Published on 12/04/2025

» The benefit to Thai real estate from Chinese industrial investment may be limited to land sales in industrial estates and other areas within the Eastern Economic Corridor (EEC), as Chinese investors often bring their own materials, labour and contractors.

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PROPERTY

Sena to extend LivNext scheme

Business, Kanana Katharangsiporn, Published on 11/04/2025

» SET-listed developer Sena Development is planning to extend its rent-to-own scheme to low-rise houses and rebuild buyer confidence in high-rise condos in the aftermath of the earthquake, which severely impacted Bangkok's condo market.

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PROPERTY

Mortgage rejection rates expected to remain high

Business, Kanana Katharangsiporn, Published on 10/04/2025

» Mortgage rejection rates are anticipated to remain elevated due to persistent global economic headwinds, though eased loan-to-value (LTV) limits and lower fees may help support a recovery in the housing market, according to banks and developers.

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GENERAL

Fashion brand set to launch Phuket estate

Business, Kanana Katharangsiporn, Published on 09/04/2025

» Etro, the Italian luxury fashion house, is set to launch its first branded residence in Thailand, which is its second development model of this type worldwide.