Interest rates in Thailand should not be raised because doing so would adversely affect the housing market where demand is weak, say analysts.Therdsak Thaveetheeratham, executive vice-president for research at Asia Plus Securities, said the Thai economy recently passed its valley and is projected to grow by 3.3% in 2023. "To achieve that, the economy needs to grow by 3.8%...

While the number of local buyers in the condo market has slowed, foreign demand continued to surge, accounting for 24.6% of the total transfer value nationwide in the first half of 2023, up from 20.5% last year, led by Chinese buyers.Vichai Viratkapan, acting director-general of the Real Estate Information Center (REIC), said the proportion of foreigners receiving condo...

Luxury residences target foreigners Mr Setthaphol, right, and Mr Attasit unveil project Botanica MontAzure....

PUBLISHED : 15 Sep 2023 at 04:00 From left are Mr Kree, Ms Wallaya and Nawitra Junkasame, head of residence business operation support...

The government should bolster the provincial economy by enhancing the agricultural sector as this will create a ripple effect in Bangkok and ultimately stimulate demand for housing nationwide, say developers in the Northeast.Jaturong...

The Chiang Mai housing market is expected to recover next year, but the government should implement measures to enhance home purchasing power, according to local developers.Soranand Sethi, vice-president of the Chiang Mai Chamber of Commerce, said the Chiang Mai economy has gradually recovered, mainly driven by a revival in tourism. "The tourism sector contributes...

People examine property deals up for grabs at a house and condo fair. (Photo courtesy of Facebook Page: Houseandcondoshow) Kasikorn...

Firm to unveil new phases worth B3bn PUBLISHED : 11 Sep 2023 at 07:30 CPN plans to...

Sales of new condo supply launched in Bangkok in the second quarter remained low as buyers continued to opt for units that are ready to move in to avoid mortgage rejections.Tritecha Tangmatitham, managing director of SET-listed...

Dcondo Air Ladkrabang, a new joint venture of Sansiri and Tokyu Corporation. SET-listed developer Sansiri has upgraded its condo transfer...