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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

  • Foreign interest key to condo projects

    Foreign interest key to condo projects

    SET-listed Noble Development plans to focus on foreign buyers for new condo projects in Bangkok as domestic demand remains sluggish.

    04 Jun 2024 at 05:48

  • Homebuyer confidence dips

    Homebuyer confidence dips

    The housing purchase confidence index (HPCI) in Greater Bangkok for the first quarter of 2024 dropped from the fourth quarter of last year, likely the result of gradually increasing pol...

    01 Jun 2024 at 10:28

  • Post-rejig, Sen X targets 40% growth

    Post-rejig, Sen X targets 40% growth

    SET-listed property firm Sen X plans to restructure by merging subsidiaries related to property services, expanding to manage non-residential properties, adding new businesses and shift...

    31 May 2024 at 08:38

  • Real estate leader advocates ESG

    Real estate leader advocates ESG

    The real estate sector can help improve society and the environment by adopting environmental, social and governance (ESG) practices, says Panote Sirivadhanabhakdi, Group CEO of Frasers...

    30 May 2024 at 20:55

  • CPN optimistic on office rental outlook

    CPN optimistic on office rental outlook

    SET-listed Central Pattana (CPN) is aiming for annual growth of more than 10% in the office rental business over a five-year period, following the completion of Central Park Offices at ...

    30 May 2024 at 08:37

  • Measures may not be sufficient

    Measures may not be sufficient

    The government's property measures may not stimulate the residential market as much as expected because obstacles to home demand and purchasing power, particularly for units priced...

    29 May 2024 at 20:45

  • Condo glut in Cha-am likely to persist

    Condo glut in Cha-am likely to persist

    The condo market in Cha-am still faces a glut, with the inventory of unsold units expected to take 10 years to be absorbed, while the Hua Hin condo market remains robust, says property ...

    28 May 2024 at 04:56

  • Foreign buyers drive Q1 condo sales

    Foreign buyers drive Q1 condo sales

    The condo market still has to rely on foreign demand as total transfers in the first quarter were mainly driven by foreign buyers, whose proportion rose to the highest in history, accor...

    28 May 2024 at 06:07

  • Big developers banking on Nonthaburi

    Big developers banking on Nonthaburi

    Eight large developers launched or plan to release 4,600 residential units with an expected combined sales value of 50 billion baht on 1,300 rai in Nonthaburi, marking the first time th...

    25 May 2024 at 05:55

  • Asia-Pacific real estate assets at 'high risk' from climate change

    Asia-Pacific real estate assets at 'high risk' from climate change

    SINGAPORE - Nearly one in ten properties owned by leading real estate investment trusts (REITs) in the Asia-Pacific region may be at "high risk" of damage from climate change, particula...

    22 May 2024 at 12:10