Archive for the ‘National’ Category

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Booking a home by credit card speeds sales

Booking a home by credit card speeds sales
Property companies have begun to launch new and different marketing campaigns to boost their sales in the first quarter of this year by collaborating with banks, in some cases inviting payments via credit card. Full story

Signs of improvement lead to launch of new projects

Signs of improvement lead to launch of new projects
The top 10 property developers in the Thai market are preparing to launch new residential projects worth more than Bt30 billion as they glimpse what some believe are the first signs of improvement in home-buyer confidence. Full story

Thailand property market: Positive signs for low and middle segments

Thailand property market: Positive signs for low and middle segments
Thailand’s second largest property developer, Preuksa Real Estate Plc, says its sales figures for the first two months of 2009 have improved markedly since December 2008, and the firm is now targeting sales of Bt3 billion for the first quarter of this year. Full story

Raimon Land CEO Nigel Cornick resigns

Raimon Land CEO Nigel Cornick resigns
Thai property developer Raimon Land PLC today announced the resignation of its Executive Director and CEO Nigel Cornick. Mr. Cornick has also resigned from the Board of Directors of Raimon Land and its associated companies Full story

Avoiding Property Emergencies - Part II

Avoiding Property Emergencies - Part II
Last week we emphasised the importance of finding out everything you can about property before you buy. Full story

Avoiding Property Emergencies

Avoiding Property Emergencies
Because of some of the problems that have come up lately it has become apparent to us that some simple rules need to be conveyed to anyone considering purchasing property. Full story

Developers propose steady flow of economic measures

Developers propose steady flow of economic measures
The government should keep using measures to stimulate the economy, relax some rules that prevent real estate growth and resolve non-performing loans (NPLs) among low-income earners, property experts suggest. The latest measure allowing home buyers to deduct 300,000 baht of mortgage principal from taxable income has already lifted consumer sentiment in some segments. Full story

Property experts urge targeted stimulus measures

Property experts urge targeted stimulus measures
Property experts have urged the government to launch further measures to drive the market by attracting more foreign investors and boosting the low-income segment, following the tax allowances announced for the sector on January 20 Full story

New taxes would help reduce inequality

New taxes would help reduce inequality
Prime Minister Abhisit Vejjajiva recently made a pledge to push forward the controversial land and inheritance tax legislation for passage in the House. The plan is bold indeed. Previous governments had planned to move ahead with the land and inheritance tax bill but they never managed to make it materialise. Full story

Property tax would take 2 years

Property tax would take 2 years
It will take at least two years to implement a new property tax once the government introduces legislation for it, says a Treasury Department official. Full story
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