Showing 1 - 10 of 322
Foreign buyers drive Q1 condo sales
Business, Kanana Katharangsiporn, Published on 28/05/2024
» The condo market still has to rely on foreign demand as total transfers in the first quarter were mainly driven by foreign buyers, whose proportion rose to the highest in history, according to the Real Estate Information Center (REIC).
Condo glut in Cha-am likely to persist
Business, Kanana Katharangsiporn, Published on 28/05/2024
» The condo market in Cha-am still faces a glut, with the inventory of unsold units expected to take 10 years to be absorbed, while the Hua Hin condo market remains robust, says property consultant Colliers Thailand.
Big developers banking on Nonthaburi
Business, Kanana Katharangsiporn, Published on 25/05/2024
» Eight large developers launched or plan to release 4,600 residential units with an expected combined sales value of 50 billion baht on 1,300 rai in Nonthaburi, marking the first time they will be developing next to each other, while hoping to avoid direct competition.
Frasers ups presence in condo segment
Business, Kanana Katharangsiporn, Published on 21/05/2024
» Residential developer Frasers Property Home (Thailand) is planning to launch three new condo projects worth over 1 billion baht per year over the next few years to ensure the company has products in every segment.
Anticipated rate cut expected to bolster residential market
Kanana Katharangsiporn, Published on 20/05/2024
» The expected dip in interest rates by 25 percentage points in the second half this year is expected to help the residential market, resulting in projected growth of 5.5%, in contrast with a decline of 0.7% without a rate cut.
Loan rejections cause drop in housing transfers in Q1
Business, Kanana Katharangsiporn, Published on 17/05/2024
» Home loan rejections caused a dip in housing transfers nationwide in the first quarter, dropping to the lowest point in six years and marking five consecutive quarters of decline.
Foreigners lead the way in condo market
Business, Kanana Katharangsiporn, Published on 14/05/2024
» Foreign buyers dominated the condo market in the first quarter of 2024, with new launches focused on major tourist destinations, amounting to a combined investment value of more than 56.6 billion baht.
Supalai suggests interest rate cut to stimulate more growth
Business, Kanana Katharangsiporn, Published on 10/05/2024
» The residential market has improved following the implementation of property measures last month, but interest rates should be cut to further stimulate growth, especially in the lower-income segment, according to SET-listed developer Supalai.
Measures help boost AP's townhouse sales
Business, Kanana Katharangsiporn, Published on 09/05/2024
» The property measures that commenced last month helped boost townhouse sales in April, while a possible rise in the daily minimum wage needs to be weighed against a drop in the price of construction materials, according to SET-listed developer AP Thailand.
Caution urged for Pattaya developers amid fears of a glut
Business, Kanana Katharangsiporn, Published on 07/05/2024
» Despite strong sales last year, Pattaya developers need to exercise caution before launching new condos to avoid an oversupply, as new launches in the market are projected to grow 50% to 5,000 units in 2024, according to property consultant Colliers Thailand.