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PROPERTY

Low-rise segment dominates Rayong

Kanana Katharangsiporn, Published on 10/01/2024

» The residential market in Rayong was driven by employees in industrial estates, with strong demand in the low-rise housing segment, while the condo sector struggled to meet demand.

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PROPERTY

Chon Buri real estate set to surge in 2024

Kanana Katharangsiporn, Published on 09/01/2024

» The residential market in Chon Buri is expected to sustain its growth throughout 2024, propelled by foreign interest in condos, despite the large quantity of new supply.

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PROPERTY

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.

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PROPERTY

UHG expects 10% revenue hike this year

Business, Kanana Katharangsiporn, Published on 05/01/2024

» Commercial property developer UHG expects revenue growth of 10% to 2.2 billion baht in 2024, with Chinese tourist arrivals potentially returning in the third quarter of the year.

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GENERAL

Watthana top among condo buyers

Business, Kanana Katharangsiporn, Published on 06/01/2024

» Despite the high price per square metre, the Watthana district was Bangkok's most popular location among both foreign and domestic condo buyers and tenants because of its amenities and convenient transport options.

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PROPERTY

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.

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PROPERTY

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.

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PROPERTY

Cheaper condos see demand soar

Business, Kanana Katharangsiporn, Published on 27/12/2023

» Low-priced condos are expected to be in high demand next year based on affordability, the expansion of new mass transit lines and rising land prices.

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PROPERTY

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).

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PROPERTY

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.