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THAILAND

Bangkok land price index drops 2.2% in first quarter

Business, Kanana Katharangsiporn, Published on 04/05/2021

» The land price index in greater Bangkok recorded a quarterly drop in the first quarter this year for the first time since the index began in 2012 due to the impact of the pandemic, according to the Real Estate Information Center (REIC).

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THAILAND

A shaky foundation

Business, Kanana Katharangsiporn, Published on 13/05/2019

» Two tax measures were recently approved to resuscitate the housing sector, but they are unlikely to have much effect as mortgage rejections remain a major problem, say local developers.

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THAILAND

All eyes of developers on election aftermath

Business, Kanana Katharangsiporn, Published on 25/03/2019

» Political stability, policy consistency and a peaceful environment are the top requirements of local and foreign developers from the new government, rather than any incentives to boost the property market.

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THAILAND

CP courts train candidates for consortium

Business, Kanana Katharangsiporn, Published on 04/09/2018

» ROME/PARIS: Thailand's agricultural conglomerate Charoen Pokphand Group (CP) is exploring the key global players in railway operations to be potential partners on the 200-billion-baht high-speed train project linking three airports, which is scheduled to open for bid submissions in November.

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THAILAND

Condo demand goes soft

Business, Kanana Katharangsiporn, Published on 02/07/2018

» Soft demand in the condominium market, a high rejection rate for mortgage applications among middle- to lower-end buyers and a decrease in high-priced housing supply have driven developers to shift to luxury single detached houses.

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THAILAND

MQDC contrives to cut waste

Business, Kanana Katharangsiporn, Published on 28/06/2018

» Magnolia Quality Development Corporation Ltd (MQDC), a property developer owned by the Chearavanont family, plans to upcycle plastic waste at new single house, townhouse and condo projects, aiming to reduce waste and save on construction costs.

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THAILAND

Expanding space for co-working

Business, Kanana Katharangsiporn, Published on 28/05/2018

» The market for co-working space in Thailand is growing quickly, estimated to increase by 25% this year, driven by both local and international players.

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THAILAND

Squabble over EEC foreign land

Business, Kanana Katharangsiporn, Published on 19/03/2018

» The much-touted Eastern Economic Corridor (EEC) is aimed at reviving the success of the Eastern Seaboard Development Project from the early 1980s, but one major sticking point drawing polarising opinions is whether to allow foreign companies to have 100% land ownership in real estate.

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THAILAND

Costliest slices of the Big Mango

Business, Kanana Katharangsiporn, Published on 26/02/2018

» For your average Joe, 100,000 baht per square wah is no trifling sum for a piece of land. But for inner Bangkok, it's small change, as the area has set a record high of 3.17 million baht per sq wah for a 880-sq-wah plot on Lang Suan Road. (One wah equals two metres.)

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THAILAND

Bangkok area to see condo supply growth

Business, Kanana Katharangsiporn, Published on 30/11/2017

» The Greater Bangkok residential condominium market will continue growing with strong demand in locations near mass transit lines, driving supply in Nonthaburi and Samut Prakan provinces, says property consultant Colliers International Thailand.