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Search Result for “Bloomberg News”

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PROPERTY

New Bangkok condos being offered at 2015 prices

Kanana Katharangsiporn, Published on 16/09/2025

» Some new condominiums launched recently in Bangkok have been priced at levels similar to those seen a decade ago, as developers settle for slim margins to draw buyers with limited purchasing power, according to the Thai Condominium Association.

PROPERTY

Thai property market reaches bottom in August

Business, Kanana Katharangsiporn, Published on 22/08/2025

» The residential market bottomed out this month and is expected to remain steady in the second half, with no clear catalysts for either a rebound or further deterioration, according to developers.

PROPERTY

SRT looks to raise land rent income

Post Reporters, Published on 19/07/2025

» The State Railway of Thailand (SRT) aims to increase its annual land rental income to 5 billion baht by 2026, a 35% rise from the current 3.7 billion baht.

PROPERTY

Condo buyers switch priorities post-quake

Business, Kanana Katharangsiporn, Published on 26/06/2025

» Since the March 28 earthquake, construction standards and developer accountability have become the top priorities among homebuyers, with prospective condo buyers wishing to establish whether a potential home is able to stand up to a quake while seeking to identify the contractor.

PROPERTY

Bangkok's condo oversupply problem may worsen over quake fears

Bloomberg News, Published on 02/04/2025

» A condominium glut in Bangkok is set to worsen after a deadly earthquake in neighbouring Myanmar damaged thousands of skyscrapers in the Thai capital, spooking prospective buyers.

PROPERTY

Thai properties at risk as Chinese buyers go cold amid abduction, trafficking news

Published on 26/01/2025

» Beijing resident Evelyn Lin paid US$274,000 for a flat in Bangkok in 2018, hoping to use the property as her home when she spends holidays in the Thai capital.

PROPERTY

Thai scion bets US-China feud will ease Bangkok property glut

Bloomberg News, Published on 19/09/2024

» Frasers Property Limited, controlled by Thailand's richest man, is banking on US-China tensions to help reduce an oversupply of office space that has plagued the country's capital.

PROPERTY

China new home prices fall at fastest pace in over 9 years

Reuters, Published on 14/09/2024

» BEIJING - China's new home prices fell at the fastest pace in more than nine years in August, official data showed on Saturday, as supportive measures failed to spur a meaningful recovery in the property sector.

PROPERTY

Mortgage bad-debt rate climbs

Somruedi Banchongduang, Published on 27/08/2024

» Lower-income homebuyers have struggled to repay mortgages following an uptick in interest rates, leading to a significant increase in housing non-performing loans (NPLs) during the second quarter of this year.

PROPERTY

Major Chinese city scraps housing curbs as easing gains pace

Bloomberg News, Published on 09/05/2024

» HANGZHOU- Hangzhou, a major city in eastern China, removed all of its remaining homebuying curbs in the latest example of a local government pursuing aggressive easing to end the property crisis.