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Latest FINANCING & ADVICE updates

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

  • CPN proud to be in regional Fortune 500

    CPN proud to be in regional Fortune 500

    Central Pattana Plc (CPN) is included in the 2024 Fortune Southeast Asia 500, which represents the 500 largest companies in Southeast Asia by revenue, organised for the first time in th...

    20 Jun 2024 at 04:00

  • Singapore home sales decline for second month

    Singapore home sales decline for second month

    SINGAPORE - New-home sales in Singapore fell for a second month, as weak demand and a lack of major launches continued to weigh on the market.

    18 Jun 2024 at 13:50

  • Frasers shifts focus to high-priced homes

    Frasers shifts focus to high-priced homes

    Residential developer Frasers Property Home (Thailand) (FPH) is focusing on high-priced segments for new launches and will adjust product prices at existing projects to cope with the ma...

    18 Jun 2024 at 09:22

  • Tourism to steer CPN's H2 results

    Tourism to steer CPN's H2 results

    Retail and property developer Central Pattana Plc (CPN), the operator of Central malls, is banking on a tourism rebound to strengthen retail performance in the second half, especially i...

    18 Jun 2024 at 09:05

  • Sansiri targets strong condo markets

    Sansiri targets strong condo markets

    SET-listed developer Sansiri plans to continue with its condo business strategies to cope with slow economic growth, focusing on strong demand and strategic locations in all pricing seg...

    17 Jun 2024 at 05:28

  • Trying to create a fairer property tax

    Trying to create a fairer property tax

    The Finance Ministry is reviewing the Land and Building Tax Act. Public hearings were conducted to gather opinions from the public and stakeholders.

    13 Jun 2024 at 04:35

  • Developers adjust to decline in transfers

    Developers adjust to decline in transfers

    The number of land allocation permits nationwide dropped by 19.7% in the first quarter of 2024, the largest decline in nine quarters.

    12 Jun 2024 at 05:51

  • Official urges courage in tax assessment

    Official urges courage in tax assessment

    Local governments must be courageous in assessing which land plots are being underutilised or not used as they should be, says finance permanent secretary Lavaron Sangsnit.

    10 Jun 2024 at 05:52

  • Crackdown dents condo purchases

    Crackdown dents condo purchases

    Myanmar's crackdown on Thai condo purchases by its citizens could cause a significant decline in condo transfers during the second and third quarters, according to the Thai Condomi...

    08 Jun 2024 at 04:55

  • Residential developers getting cold feet

    Residential developers getting cold feet

    The residential construction area permitted nationwide in the first three months of 2024 is expected to plunge to the lowest level in 12 quarters, reflecting developers slowing new laun...

    06 Jun 2024 at 05:03