Rise in Bad Loans Affects Thai Households
Household non-performing loans (NPLs) reached 1.2 trillion baht in the third quarter of this year, marking a 14%...
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Foreign interest drives the launch of luxury condominiums.
by alexivd
At least four luxury and super-luxury condominium projects are set to launch in central Bangkok from next month...
Additional Property Stimulus May Be Coming Soon
by alexivd
The stimulus committee is set to convene later this month to discuss additional measures, including those aimed at...
Mortgage Rejection Rates Impact Condo Developments
by alexivd
The high mortgage rejection rate in the first quarter of 2024 has prompted condo developers to halt new...
Developer Advocates for Diverse Mortgage Options
by alexivd
The government is being urged to introduce 20-year fixed-rate mortgages to assist low-income individuals in securing loans, helping...
Thai Household Debt Reaches All-Time High
by alexivd
Average household debt in Thailand has reached a record high, driven by slow economic growth, reduced incomes, and...
Mortgage Default Rate Increases
by alexivd
Lower-income homebuyers have faced difficulties in repaying their mortgages amid rising interest rates, resulting in a notable increase...
Pruksa Reduces Value of New Developments by 2 Billion Baht
by alexivd
The company has called on the incoming prime minister and cabinet to sustain economic stimulus initiatives. Uten Lohachitpitaks,...
Increased foreign ownership might lead to a rise in illegal hotels.
by alexivd
Hotel operators are expressing concerns regarding proposed changes to foreign ownership regulations for real estate, fearing that these...
Mortgage Rejection Rates Expected to Remain High
by alexivd
Mortgage applications for homes priced below 3 million baht are expected to continue experiencing higher rejection rates over...
