News
-
The analytical center Krungsri Research says that in February, inflation reached a record 5.28%, which is the highest in 13 years. In January, the indicator was 3.23%. This is mainly due to the increase in energy prices: electricity and oil. The increase in energy prices was the result of the protracted Russian-Ukrainian conflict. The Thai...
Read more -
The Real Estate Information Center of Thailand (REIC) reported that the secondary real estate market increased in the fourth quarter of 2021 compared to the previous quarter. The Bank of Thailand announced the temporary easing of LTV measures. The government also provides resuming measures to stimulate the real estate market by reducing property...
Read more -
The Russian-Ukrainian crisis hit oil prices hard, causing construction costs to rise. Real estate developers are expected to raise prices by 5% in the second quarter of this year. The conflict between the two countries has an impact on geopolitics and the economy around the world. The main factor that the world has its eyes on is the trend of...
Read more -
_480x320.jpg)
COVID-19 afflicted every country on the planet. It caused severe consequences and many businesses closed. The income of the population has decreased significantly, which affects the decision to purchase real estate. A "discount" war could be observed on all completed projects in 2021. Developers tried to implement completed projects with an...
Read more -
The pandemic changed people's lives and altered their preferences in choosing real estate. Many families preferred a larger house, as all family members spent more time within four walls. Developers state the increased demand for low-rise housing. A lot of companies started the construction of this housing type. Demand for houses in the price...
Read more -
During the pandemic, the condominium market slowed down significantly. Developers slowed growth rates down, and buyers were less likely to carry out real estate transactions. Following the improvement of the epidemiological situation and active government support, the market will start its revival in 2022. Nine real estate developers have already...
Read more -
Piti Tantakasem, the Director and CEO of TTB Bank (the TMBThanachart Bank Public Company Limited), delivered a speech on the theme “How will trends and conditions in the economy, in the financial market, in the capital market affect the real estate market in 2022?”. The current real estate market continues to face difficulties that reduce the...
Read more -
On February 25, 2022, Mr. Wuttipong Jittangsakul, the Fiscal Policy Advisor of the Fiscal Policy Office (FPO) disclosed the financial situation for January 2022, according to which the Thai economy was supported by private investments and improvement in the tourism sector. More than 133,000 foreigners have arrived in Thailand, most of them are...
Read more -
Nowadays the prices of construction materials rise due to inflation. This will lead to higher prices for condominiums in 2022. The highest price is still in the central area - the average price is 2,400 THB / m2. Condominium prices are under pressure from all directions, from the inability to adjust the price because buyers still depend on the...
Read more -
_480x320.jpg)
Apha Atboonwong, the President of the Thai Condominium Association, said that the recovery of the Thai economy went slower than expected because of the difficult-to-control factors: the Covid-19 outbreaks, the Russian-Ukrainian conflict and domestic problems such as increasing household debt. As the Thai government continues to stimulate the...
Read more