by wilbersuen | Oct 29, 2024 | News
The Bangkok housing market is projected to decline amid economic challenges, according to SCB EIC, the research arm of Siam Commercial Bank. They anticipate a 10% drop in the transfer of new residential units in Greater Bangkok this year, with an additional...
by wilbersuen | Oct 21, 2024 | News
The developer sentiment index for Greater Bangkok’s housing market fell for the second consecutive quarter in Q3, hitting its lowest level since Q3 2020. Kamonpop Veerapala, president of Government Housing Bank and acting director-general of the Real Estate...
by wilbersuen | Oct 17, 2024 | News
The Thai government is preparing to roll out 55 billion baht (approximately US$1.66 billion) in soft loans to stimulate the property sector and boost the national economy, according to Deputy Finance Minister Paopoom Rojanasakul. This proposal will be presented...
by wilbersuen | Oct 16, 2024 | News
Vimarn Suriya Co, the developer behind the luxury mixed-use Dusit Central Park project, remains unfazed by rising interest rates and a strengthening baht, as the branded residential development primarily targets affluent Thai buyers. CEO La-ead Kovavisaruch...
by wilbersuen | Oct 9, 2024 | News
Rising house prices, driven by increasing construction costs, are having a lesser impact on potential homebuyers than the growing challenges in obtaining mortgage loans, according to property associations. Pornarit Chounchaisit, President of the Thai Real...