Conflict expected to drive condominium demand across key global markets
Thailand’s property market could see increased demand for condominiums and rental homes as people relocate from countries affected by the Middle East conflict, according to Colliers Thailand. Research director Phattarachai…
Phuket Property Market Remains Strong
Photo Credit: Travel Weekly Phuket’s property market continues to outperform Bangkok’s cooling residential sector as the island evolves from a seasonal resort into a year-round global living destination, attracting growing…
Thailand Property Market Hits Mortgage Rejection Crisis
Thailand’s property market faces a ‘Mortgage Rejection Crisis,’ with rejection rates hitting 70% for homes under 3 million Baht. Lower-income buyers can’t secure loans due to declining purchasing power and…
Bangkok Luxury Condo Market Booms Amid Rising Demand
Despite the global economic slowdown, Bangkok’s ultra-luxury condominium market continues its growth trajectory, driven by enduring demand from Thailand’s wealthy elites and international investors, according to property consultancy Colliers Thailand.…
Bangkok Condo Market Faces Challenges with Price Reductions Expected in 2025
The Bangkok condo market is expected to face significant challenges in 2025, as developers struggle with a large inventory of unsold units and pressure from maturing loans totalling over 156…
Unveiling Bangkok’s Property Hotspots
In 2024, Kaset Nawamin-Ram Intra and Bang Na-Samut Prakan emerged as the most sought-after locations in Bangkok for property demand, ranking among the top three to five areas for single…
Luxury Homes Continue to Lead Bangkok’s Real Estate Sales Rankings
Photo credit: Sansiri Luxury single detached homes remained the top-selling category in Greater Bangkok this year, despite a surge in new supply over the past two years, peaking in 2023.…
Additional Property Stimulus May Be Coming Soon
The stimulus committee is set to convene later this month to discuss additional measures, including those aimed at the real estate sector, according to Deputy Finance Minister Paopoom Rojanasakul. Mr.…
Pruksa Reduces Value of New Developments by 2 Billion Baht
The company has called on the incoming prime minister and cabinet to sustain economic stimulus initiatives. Uten Lohachitpitaks, the group chief executive of Pruksa, expressed concerns about Thailand’s economic situation,…
Property regulations could mirror Singapore’s approach
A property research firm recommends that the government prioritize ensuring that Thai citizens can afford homes and proposes limiting areas for expanding foreign condo ownership to specific zones, even within…