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PROPERTY

Residential prices to rise in second half

Kanana Katharangsiporn, Published on 22/04/2024

» The price index for new residential supply in Greater Bangkok should continue to rise in the second half as older inventory is absorbed following property stimulus measures starting this month, according to a research firm.

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PROPERTY

Stimulus expected to spur developer confidence in Q2

Business, Kanana Katharangsiporn, Published on 20/04/2024

» Sentiment among housing developers is expected to significantly improve in the second quarter following the implementation of property stimulus measures approved earlier this month.

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PROPERTY

Amending property rules likely to spur sales

Business, Kanana Katharangsiporn, Published on 19/04/2024

» Amending obsolete rules regarding property development can improve home purchasing power, enabling homebuyers to afford units, say developers.

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PROPERTY

Reaping the property stimulus rewards

Business, Kanana Katharangsiporn, Published on 18/04/2024

» The cabinet last week offered Thai New Year's gifts to potential homeowners, approving measures that extend the price range of houses eligible for a cut in transfer and mortgage registration fees to 7 million baht, up from a ceiling of 3 million baht.

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PROPERTY

Developers want foreign quotas to be hiked

Kanana Katharangsiporn, Published on 17/04/2024

» Foreign ownership quotas for condos should be increased in certain areas to stimulate the economy as increasing demand from foreign buyers last year is expected to continue this year.

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PROPERTY

Sena unveils rent-to-own condo scheme

Business, Kanana Katharangsiporn, Published on 11/04/2024

» SET-listed developer Sena Development is launching a rent-to-own programme for ready-to-move-in condos, aiming to close sales of 1,000 units worth 1.4 billion baht by the end of the year.

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PROPERTY

Greater Bangkok housing market still tepid in Q1

Business, Kanana Katharangsiporn, Published on 09/04/2024

» Despite recording a 30% increase in visitor numbers at the House & Condo Show last month, the residential market in Greater Bangkok in the first quarter of 2024 remained unfavourable, attributed to poor purchasing power.

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PROPERTY

Raimon preps trio of deluxe projects

Business, Kanana Katharangsiporn, Published on 05/04/2024

» SET-listed developer Raimon Land plans to launch three new luxury low-rise housing projects worth a combined 16 billion baht, while selling the One City Centre office building to generate revenue more quickly, aiming to turn a profit next year.

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PROPERTY

Prospect allocates B22bn for expansion

Business, Kanana Katharangsiporn, Published on 03/04/2024

» Factory and warehouse developer Prospect Development Co will invest 22 billion baht between 2024 and 2028 to add new space covering 1.25 million square metres in total, with the aim of capitalising on growing demand in the market.

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PROPERTY

Bangkok office blocks told to upgrade 'to survive'

Business, Kanana Katharangsiporn, Published on 02/04/2024

» Older office buildings in Bangkok should accelerate their upgrades as existing tenants are relocating to new prime towers, widening the gap in rents, says property consultant Jones Lang LaSalle (Thailand) (JLL).