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PROPERTY

Singapore private home prices hit by surprise slowdown

Bloomberg News, Published on 01/04/2025

» SINGAPORE — Singapore private home prices grew at a slower pace in the first quarter, surprising analysts who had expected a bigger rise after months of renewed interest in new projects.

PROPERTY

Phuket posts over 10% rental yield

Kanana Katharangsiporn, Published on 30/10/2024

» The rental residential market in Phuket has generated an annual yield of more than 10% this year, driven by the ongoing tourism and property boom, which has fuelled high demand for short- and long-term rental properties in prime areas.

PROPERTY

AssetWise posts record Q2 revenue

Kanana Katharangsiporn, Published on 14/08/2024

» SET-listed developer AssetWise set a record for revenue in the second quarter, driven by a strong performance from its campus condo and Phuket projects as the company expects to maintain momentum in the second half.

PROPERTY

Concerns about foreign property perks downplayed

Onnucha Hutasingh, Published on 06/07/2024

» The government has played down concerns raised over the possible negative impacts of its proposal to increase the foreign ownership quota for condominiums to 75% and extend land leasehold terms to 99 years.

PROPERTY

Mortgage rejection rate soars after pandemic

Business, Somruedi Banchongduang, Published on 12/03/2024

» Following the pandemic, there has been a surge in the rejection rate of housing loan applications, attributed to would-be homebuyers' weakened debt repayment capability, stemming from the sluggish economic growth and higher cost of living.

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).

PROPERTY

Ashton Asoke condo move raises eyebrows

Business, Kanana Katharangsiporn, Published on 02/08/2023

» The Supreme Administrative Court's ruling last Thursday, which revoked the receipt of notification of intention for construction or modification of the building granted to the already-finished-and-transferred 50-storey Ashton Asoke condo project, caused a stir among the public, leaving people curious about the case and its potential outcome.

PROPERTY

ChatGPT disrupts Asian property industry

South China Morning Post, Published on 10/06/2023

» HONG KONG: In a city of the future, a citizen looking to buy a home will simply explain their requirements to an artificial intelligence (AI)-based assistant, which will orchestrate the entire selection and buying process without a human property agent - or the commissions such agents command.

PROPERTY

Huai Khwang posts highest price rise

Business, Wichit Chantanusornsiri, Published on 20/12/2022

» Land prices in Huai Khwang in central Bangkok had the highest rises in the city according to a new assessment, says Treasury Department director-general Chamroen Phothiyod.

PROPERTY

New flak for foreign land ownership bill

News, Post Reporters, Published on 01/11/2022

» The government is listening to every concern about the proposal to allow foreigners to hold land ownership of up to one rai for residential purposes, said Deputy Prime Minister Wissanu Krea-Ngam.