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BUSINESS

Experts advise higher FAR for affordable living costs in city

Business, Kanana Katharangsiporn, Published on 25/10/2018

» Floor area ratio (FAR) should be higher in line with rising land prices and feeder networks should be provided to connect mass transit lines if the government really wants to promote affordable living in Bangkok, say property experts.

BUSINESS

Richy Place preempts BoT with higher deposit

Business, Kanana Katharangsiporn, Published on 30/10/2018

» SET-listed developer Richy Place 2002 Plc plans to collect larger down payments -- 15% instead of 10% of unit prices for new condos -- and is cutting the sales target for new project launches because of the central bank's new loan-to-value (LTV) limit.

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BUSINESS

REIC: Vacant land index rises

Business, Kanana Katharangsiporn, Published on 29/10/2018

» The price index of vacant land in Greater Bangkok soared by 31.6% year-on-year in the third quarter, largely driven by rises in land prices for locations along the Orange Line, according to the Real Estate Information Center (REIC).

BUSINESS

Sansiri keeps presales goal

Business, Kanana Katharangsiporn, Published on 26/10/2018

» SET-listed developer Sansiri Plc maintained its presales target of 50 billion baht this year as lowering the loan-to-value (LTV) ratio is likely to affect condo buyers next year.

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BUSINESS

Jiaranai funnelling Chinese buyers

Business, Kanana Katharangsiporn, Published on 26/10/2018

» Jiaranai Entertainment Co, a Chinese media company in Thailand, has joined Chinese property agency Wo Ai Wo Jia Co to tap into growing Chinese demand for Thai condominiums, with a sales target of 5,000 units worth 25-30 billion baht by next year.

BUSINESS

Manchester condos to lure Thai buyers

Business, Kanana Katharangsiporn, Published on 31/10/2018

» Investment and business consultant PNN Capital Co will introduce a condominium in Manchester to Thai investment buyers as an alternative to London apartments because the northwestern English city is drawing relocations of large firms.

BUSINESS

Arinsiri competes via MAI fundraising

Business, Kanana Katharangsiporn, Published on 16/10/2018

» Chon Buri-based residential developer Arinsiri Land Plc looks set to raise funds on the Market of Alternative Investment (MAI) to compete with large developers from Bangkok.

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BUSINESS

REIC: New rules to hinder city supply

Business, Kanana Katharangsiporn, Published on 19/10/2018

» The new residential supply being launched in Greater Bangkok next year is expected to shrink by 20% if the new requirements on mortgage lending proposed by the Bank of Thailand on Oct 4 remain unchanged, says the Real Estate Information Center (REIC).

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BUSINESS

Condo supply carrying on amid BoT limits

Business, Kanana Katharangsiporn, Published on 24/10/2018

» Despite an expected decrease in the loan-to-value (LTV) ratio of mortgages, new condo supply in Bangkok in the fourth quarter will continue as planned.

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BUSINESS

Furore over LTV rules continues

Business, Kanana Katharangsiporn, Published on 22/10/2018

» The Bank of Thailand's new requirements meant to improve mortgage lending quality and curb rampant search-for-yield behaviour in the residential market remain a subject of debate among developers, notably in Greater Bangkok, where mass transit development has ignited the property market's expansion.