By Somluck Srimalee on February 3, 2009
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
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Somluck
Srimalee
Somluck Srimalee is a journalist with The Nation, Bangkok's independent English language newspaper and specialises in the property and real estate sectors.
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Posted in National | Tagged Bank of Thailand, foreign investors, mortgage interest payments, stimulus package, tax allowances, tax measures
By Nina Suebsukcharoen on October 31, 2008
Commercial banks should loosen their home-loan approval conditions including income and employment requirements in order to help the property industry, suggests Atip Bijanonda, president of the Thai Condominium Association.
Due to the global financial crisis, many banks in Thailand have tightened screening of mortgage applicants for fear of non-performing loans (NPLs), which is hurting the property [...]
About the author
Nina
Suebsukcharoen
Nina Suebsukcharoen is a senior journalist with The Bangkok Post, Thailand's first English language newspaper and specialises in the property and real estate sector.
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Posted in National | Tagged Bank of Thailand, condominium, global financial crisis, home loan, npls, property market
By Wichit Chaitrong on October 27, 2008
Suchart says industrya key economic driver
The Finance Ministry may extend tax and fee-reduction incentives for real estate purchases beyond next March, said Finance Minister Suchart Thada-Thamrongvech.
Real estate associations submitted a request for an extension yesterday, along with other proposals, including one that the Bank of Thailand cut interest rates in line with other declines in [...]
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Wichit
Chaitrong
Wichit Chaitrong is a journalist with The Nation, Bangkok's independent English language newspaper and specialises in the property and real estate sectors.
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Posted in National | Tagged Bank of Thailand, finance minister, mass transit projects, projects, residential, tax incentives
By Nina Suebsukcharoen on September 16, 2008
Lehman was a major Bangkok landlord
The collapse of Lehman Brothers Holdings, the largest bankruptcy in US history, could disrupt Thailand’s prime office market, as the 158-year-old investment bank is one of the largest holders of commercial space in Bangkok. Lehman’s global assets, listed at $639 billion as of May 31, include an estimated 50 billion [...]
About the author
Nina
Suebsukcharoen
Nina Suebsukcharoen is a senior journalist with The Bangkok Post, Thailand's first English language newspaper and specialises in the property and real estate sector.
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Nina Suebsukcharoen
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Posted in Bangkok | Tagged Bangkok, Bank of Thailand, foreign investors, prime locations, property market, Raimon Land, Sukhumvit Road
By John on April 9, 2008
Market buoyed by profit potential, removal of 30% requirement.
Foreign investors are expected to invest up to Bt70 billion in the Thai property sector this year, following the lifting of the Bank of Thailand’s 30-per-cent capital reserve requirement.
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John
James
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Posted in National | Tagged Bank of Thailand, Colliers International, resort properties, Thai property
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