by wilbersuen | Oct 7, 2024 | News
Sales of second-hand condos in Thailand’s Eastern Economic Corridor (EEC) are performing well. According to the Real Estate Information Center (REIC), the number of second-hand condo transfers in the EEC provinces increased in the second quarter of 2024...
by wilbersuen | Oct 2, 2024 | News
The share of pre-owned home transfers in Greater Bangkok has increased for two consecutive quarters, driven by weakened purchasing power due to the economic slowdown, according to the Real Estate Information Center (REIC). Siddhipen Siddharthapong, acting...
by wilbersuen | Sep 24, 2024 | News
Condominium transfers to buyers from Myanmar during the first half of 2024 exceeded the total transfers recorded in 2023, which had set a previous record. According to the Real Estate Information Center (REIC), 638 condo units valued at 3.24 billion baht were...
by wilbersuen | Sep 9, 2024 | News
Hotel operators are expressing concerns over proposed changes to foreign ownership rules in real estate, fearing it could result in a rise in illegal hotels in Thailand. The government’s proposal includes extending the leasehold period for foreigners to...
by wilbersuen | Sep 4, 2024 | News
Higher debt leverage resulting from double financing is making it more difficult for property companies to secure bank loans, forcing some developers to rely on short-term loans from major shareholders. Apinant Klewpatinond, chief executive of Kiatnakin Phatra...
