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Mortgage rejection rate hits condo launches

Mortgage rejection rate hits condo launches

The high mortgage loan rejection rate in the first quarter of 2024 caused condo developers to put the brakes on new launches in Greater Bangkok in the second quarter.

17 Sep 2024 at 06:05

All Stories

  • Mortgage rejection rates likely to persist

    Mortgage rejection rates likely to persist

    Mortgage applications for homes priced below 3 million baht will likely continue to face higher rejection rates over the next two years because of a...

    09 Aug 2024 at 04:54

  • Condo launches set to fall below projections

    Condo launches set to fall below projections

    New condo launches in Greater Bangkok this year are expected to fall short of projections, primarily attributed to weak demand amid an economic slow...

    09 Aug 2024 at 04:45

  • Anabuki puts focus on provinces

    Anabuki puts focus on provinces

    After investing 1 billion baht in the Greater Bangkok housing market during the past five years, Japanese developer Anabuki Kosan Group is focusing on real demand and targeting major...

    08 Aug 2024 at 06:45

  • GVREIT ploughs B200m into offices

    GVREIT ploughs B200m into offices

    Golden Ventures Leasehold Real Estate Investment Trust (GVREIT) will invest 200 million baht in the renovation of two office buildings in order to enhance their competitiveness and r...

    07 Aug 2024 at 08:22

  • Orange Line delay hits condo project

    Orange Line delay hits condo project

    The delayed opening of the Orange Line, which will run between Thailand Cultural Centre and Min Buri, has affected the development and launch of retail and commercial properties, but...

    06 Aug 2024 at 10:12

  • Developers look to shareholders for loans

    Developers look to shareholders for loans

    Listed residential developers have sought to retain and raise cash by avoiding new costs, borrowing short-term loans from major shareholders, and selling assets to mitigate risks ami...

    05 Aug 2024 at 06:10

  • Property Perfect to launch lone project

    Property Perfect to launch lone project

    SET-listed developer Property Perfect has scaled back its new project launches this year from seven projects worth 7.7 billion baht to just one -- the lowest number it has recorded i...

    02 Aug 2024 at 07:10

  • UHG allots B1bn for two mid-tier hotels

    UHG allots B1bn for two mid-tier hotels

    Commercial property developer UHG will invest 1 billion baht to expand with two new mid-tier hotels on Sukhumvit Soi 8 and Pradipat Road, banking on robust tourism demand in this seg...

    01 Aug 2024 at 09:35

  • Sena adopts cautious investment strategy

    Sena adopts cautious investment strategy

    Developers need to be more cautious with investments in the second half, as the financial market is concerned about corporate debenture repayments, due to the economic slowdown that ...

    31 Jul 2024 at 06:03

  • Housing app merger aims for 1m users

    Housing app merger aims for 1m users

    Urban Living Technology, a startup under SCG Distribution and Retail Co, has merged with LivingOS Corporation to strengthen their businesses that specialise in managing housing issue...

    31 Jul 2024 at 05:04