The Bank of Thailand is now less concerned about a bubble in the condominium market due to a reduction in oversupply and a slowdown in demand. The impact of its decision to raise the loan-to-value (LTV) ratio, which took effect from the beginning of 2011, is being monitored. It is…Continue reading
Oversupply fears will slow the Thai property market for a couple of months before positive sentiment will resume next year, according to local developers. Mayta Chanchamcharat, Director and Chief Business Officer of Pruksa Real Estate said concerns about a possible property bubble in Bangkok and the Bank of Thailand’s announcement…Continue reading
The housing market slowed a bit in 2009 but will require some scrutiny in the months ahead to prevent an oversupply. Agency for Real Estate Affairs, the largest real estate information and valuation centre in Thailand, just released a survey on its outlook for the housing market for the Bangkok…Continue reading
Prime Nature Group may face hard times after its chairwoman, Sunattee Nerng-chamnong, was shot dead on Sunday, real estate industry sources said yesterday. The residential development firm was managed by “Khun Sunattee” herself, a source said. Her two daughters and son are still young, a property expert said. The company…Continue reading
The real estate market could pick up 5-10 per cent if the recovery momentum extends into next year, property experts said yesterday. Thongma Vijitpongpun, president and CEO of Preuksa Real Estate, said the residential market has become more dynamic since the third quarter of this year because of the improvement…Continue reading
While rental yields may seem moderate in the current economic climate, continued low interest rates are likely to ensure market stability as property remains the favoured investment. Interest rates play a complex role in the property market. On the one hand, they help set the price of property by dictating…Continue reading
The Thai Condominium Association has joined hands with property agency Century 21 Real Affiliates (Thailand) to stage the first Thailand Condo Expo in Singapore from October 23-25. Continue reading
Bank restrictions stymie small developers – customers lodge complaints with Department of Special Investigation Continue reading
Bangkok’s central business district seems set to spread along Rama IV Road as land for development becomes scarce on Sukhumvit, Silom and Sathorn roads. A growing number of property projects will be launched around Rama IV Road. Continue reading
While economic difficulties are affecting many aspects of the property industry, Bangkok’s rental-house business is growing rapidly, because among other things, it generates high returns on investment. Continue reading