By Kanana Katharangsiporn on November 23, 2008
Unstable politics and tighter credit have hit the local market hard in the latter half and no end to the gloom is in sight. But this acid test will leave the industry in better shape than ever, with only truly tested warriors the last men standing
About the author
Kanana
Katharangsiporn
Kanana Katharangsiporn is a senior journalist with The Bangkok Post, Thailand's first English language newspaper and specialises in property and real estate areas.
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Kanana Katharangsiporn
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55 )
Website:
http://www.bangkokpost.com/
Posted in National | Tagged credit crunch, foreign buyers, investors, Land & Houses, overseas investors, property market, Supalai Plc, tax incentives
By Somluck Srimalee on November 12, 2008
Homebuyers warned to investigate developers’ ability to deliver their products.
Some of Thailand’s property and construction firms are beginning to face the negative impacts of the global economic crisis, with commercial banks restricting both project loans and mortgages, property experts say.
“We are now seeing some property firms delaying their payment of construction fees to contractors because [...]
About the author
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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Somluck Srimalee
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66 )
Website:
http://www.nationmultimedia.com
Posted in National | Tagged credit crunch, foreign investors, global recession, property developers, property sector, residential projects
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