Posts Tagged ‘tax allowance’

Thai homebuilder LH sees weak demand, no sales growth

Thai homebuilder LH sees weak demand, no sales growth
Land and Houses, Thailand's biggest home builder, expects no revenue growth in 2009 for the first time in more than a decade, due mainly to weak consumer confidence in an economic slowdown, a senior executive said. Full story

Measures unlikely to give quick boost

Measures unlikely to give quick boost
The government's property tax measures launched this week are unlikely to be strong enough to encourage consumers to start spending again on home purchases, at least in the short term, real-estate associations said at a "Property market outlook 2009" seminar yesterday. Full story

Property market likely to fall despite stimulus

Property market likely to fall despite stimulus
The property market is expected to experience a drop of 5-10 per cent in value next year as Thailand becomes caught up in the global financial crisis, say experts. Full story

Developers urge the govt to double tax allowances for home-buyers

Developers urge the govt to double tax allowances for home-buyers
Property developers have called on the new government to increase the tax allowance for home-buyers from Bt100,000 to Bt200,000, as a means of directly increasing purchasing power next year at a time when consumers will be hit by the global economic downturn. Full story
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