Showing 1 - 10 of 125
Loan rejections plague used car sales
Business, Lamonphet Apisitniran, Published on 24/10/2024
» Thailand's used car market will continue to post sluggish sales as prospective buyers are often rejected when applying for loans, says the Association of Used Car.
Buyer's market
Lamonphet Apisitniran and Yuthana Praiwan, Published on 02/09/2024
» More vehicles with fewer signs of wear entering the used car market is not always good news for sellers, although buyers certainly appreciate it.
Top developers to launch projects worth B93bn in H2
Business, Kanana Katharangsiporn, Published on 16/08/2024
» The top three residential developers -- AP Thailand, Sansiri and Supalai -- are maintaining their plans to launch 73 projects worth a combined 93 billion baht in Greater Bangkok and the provinces during the second half of this year, following a strong performance in the second quarter.
Home construction prices rise 3.8% in Q2
Business, Published on 23/07/2024
» The price index of standard home construction in the second quarter of 2024 rose 3.8%, with the biggest increases seen in the prices of wood and wooden products, as well as labour wages.
Foreign condo ownership quota being reviewed
Reuters and Online Reporters, Published on 21/06/2024
» The government will study the feasibility of raising the level of foreign ownership allowed in condominiums from 49% of a building’s usable space to 75%, according to Deputy Prime Minister Phumtham Wechayachai.
Association sees uptick in used car market
Business, Lamonphet Apisitniran, Published on 14/06/2024
» The used car market is expected to grow in the latter half of this year as financial service providers may ease the lending criteria for prospective buyers, following discussions regarding the stringent loan conditions, says the Association of Used Car.
The battle over interest rates
Business, Somruedi Banchongduang, Kanana Katharangsiporn, Lamonphet Apisitniran and Phusadee Arunmas, Published on 04/03/2024
» A rift over interest rates between Prime Minister Srettha Thavisin and the Bank of Thailand, led by governor Sethaput Suthiwartnarueput, has remained in the media spotlight for months.
How interest rates affect household debt
Business, Somruedi Banchongduang, Published on 09/11/2023
» Elevated interest rates became the topic of public discussion recently after a homebuyer posted her home instalment payment of 10,900 baht on social media, of which the principal accounted for only five baht, while interest expense was 10,894.5 baht.
Developers glum on outlook
Business, Kanana Katharangsiporn, Published on 29/07/2023
» Property developers have called for the new government to be formed as soon as possible as it would facilitate a speedy economic recovery and ultimately stimulate the housing property sector amid several negative factors and risks.
The eternal joust over rate hikes
Business, Phusadee Arunmas, Nareerat Wiriyapong and Kanana Katharangsiporn, Published on 12/06/2023
» Some industry leaders are concerned about higher interest rates affecting businesses, especially small ones, in addition to weakening the purchasing power of homebuyers.