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Industry Outlook Analysis

30 Dec 2021

Real Estate and Construction

Housing market in 2022 will be rife with challenges; despite increased supporting factors, market fundamentals remain highly fragile (Current Issue No.3296)

The year 2022 will remain another challenging year for the housing market. However, the market will be supported by measures for reduction of property ownership transfer and mortgage registration fees to 0.01 percent for residential units with price of up to THB 3 million – which will be extended to... Read more

6 Sep 2021

Real Estate and Construction

Residential Property Market Projected to be Highly Fragile during the Remainder of 2021 (Current Issue No.3262)

Most residential property developers have postponed the opening of their new projects since the beginning of 2021 due to unfavorable market conditions and the high level of unsold residential units. They have also adjusted their business strategies in line with market conditions. According to the Ag... Read more

5 Jul 2021

Real Estate and Construction

2021 Construction Investment Projected to Shrink Roughly 3.8% due to a One-Month Ban on Construction Activity (Current Issue No.3238)

The protracted COVID-19 pandemic and rising number of daily infections has prompted the Thai government to impose a partial lockdown. This measure includes a ban on construction activity at large projects for at least one month, effective June 28 – July 28, 2021, ... Read more

1 Jun 2021

Real Estate and Construction

Home Purchases in Bangkok Metropolitan Area Projected to Contract for Third Consecutive Year during 2021 (Current Issue No.3228)

It is expected that home purchases in the Bangkok Metropolitan area during 2H21 will improve over a sharp plunge reported for 1H21 if the COVID-19 pandemic can be contained by July, and if vaccination rollouts are on track, and there are new economic stimulus measures introduced by the government. H... Read more