News
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At the Annual General Meeting on April 26, 2022, Mr. Peerapong Jaroon-ek, the CEO of Origin Property Public Company Limited (ORI), was elected by the Board of the Thai Condominium Association for the post of President of the Thai Condominium Association in 2022-2023. “As a representative of a full service real estate developer specializing in...
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The experts prepared a report on the real estate market research for the first quarter of 2022. According to the report, 23,203 new properties were introduced to the market in and around Bangkok. This is 140% more than in the first quarter of 2021. It is 15% more in terms of the total value of 80,574 million baht than over the same period last year...
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The real estate information center of Thailand found that construction prices had risen by 5.3% compared to the average of last year and by 3.9% compared to the fourth quarter of 2021. The factor of the increase in the price index compared to the same period last year was the increase in salaries for all types of construction work. Prices for...
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The Cabinet of Ministers approved a plan to attract credit funds for the construction of the purple metro line project. The total distance of this section is 23.6 km, and the total budget is about ฿8.2 billion. The Public Debt Control Authority is expected to provide a loan to the Mass Rapid Transit Authority of Thailand (MRTA) at the first stage...
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According to experts, 6,000 new housing units were put into operation in the condominium market in Bangkok during the second quarter (April-June) of 2022. However, the supply has increased again to over 20,000 units (with commissioned projects and secondary housing). Developers expect an influx of foreign buyers after the "Test&Go" system is...
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The developer SENA focuses on developing condominiums of less than ฿1,000,000. A condominium designed for a low-income consumer who wants to buy his first housing or an apartment near work not to leave the city every day and not waste time in traffic jams. In addition to the low price, the company offers installments with the slogan "Buy cheaper...
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Thailand's leading developer Noble has launched a new unique project – Noble Curate. This is a luxury village with premium private houses in Bangkok. For the first time, each owner will participate in the design of the house with the leading architects of Thailand. Six of the most famous architects of the country were involved to this event, who...
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The Department of Railway Transport states that the construction of the yellow line on the Lad Prao – Samrong section and the pink line on the Khe Rai – Minburi section has progressed and is about to be finished. Thus, the project of the yellow branch was completed by 91.7%, and the pink one – by 86.51%. The trial run will take place from...
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The Bank of Thailand reported that the Thai economy keeps recovering, but there are global problems that need to be solved, such as high household debt and overdue loans (NPL), which will increase in the future. One of the reasons why household debt in Thailand has been growing recently is the decline in household income due to COVID–19. The only...
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Thai Prime Minister Prayuth Chan-Ocha has ordered the country's healthcare institutions to prepare for a surge in COVID-19 infection after celebrating Songkran when people return to work. Songkran was celebrated from April 13 to 17. As of April 17, 128 new deaths related to COVID-19 have been registered and 17,775 new cases of infection have been...
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