2 Nov 2022
Real Estate and Construction
In 2022, housing market indicators have exhibited improving signs, but unevenly. Amid increased confidence towards the recovery in the economy and tourism after the COVID-19 pandemic has eased, residential developers have begun to resume investment in more new projects. However, new home purchases have yet to fully rebound because the overall household purchasing power remains fragile on the back of the high cost of living and debts. Although the number of home ownership transfers may accelerate during the final two months of 2022 as the easing of LTV measures is set to expire at the end of 2022, that will depend on purchasing power and qualifications of prospective home buyers. ... Read more
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18 Apr 2019
Condominium developers are expected to face greater challenge in 2019 due to increasing economic uncertainty as well as specific factors affecting condominium market. For example, the demand for condo has been somewhat absorbed and there are a number of remaining unsold units covering a wide range of prices amid the imbalance between purchasing power and selling price. Moreover, new regulatory and legal requirements have become effective. These factors have prompted business operators to attach greater importance on their business plan adjustments. ... Read more
24 Jan 2019
In 2019, residential property developers in Greater Bangkok may face more challenges in bolstering sales because purchasing power overall has not fully recovered and there are various economic factors affecting consumers’ decision to purchase homes. Under this circumstance, real estate developers may need to tap into consumer segments having strong demand and ability to purchase homes over the next 1-2 years, such as Gen-Y consumers, who want to buy their first homes. ... Read more
24 Sep 2013
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24 Jun 2008
12 Dec 2007