Central bank extends ‘Asset and Debt Moratorium’ programme till yearend 2027
IN A move to help businesses cope with economic downturn and the ongoing uncertainty in the Middle East the Bank of Thailand (BOT) today (July 17) extended the “Asset and Debt Moratorium” programme launched for five years in 2021 when Covid-19 pandemic triggered liquidity problems till the end of 2027, PPTVHD36 said. Central Bank […]
Read MoreAnalysis: Most Thais have given up on buying a home, 56% not doing so for 5 years
WITH INCOME growth lagging expenses over 56% of Thais now have no plans to buy a home in the next five years while being additionally dissuaded by high housing prices, according to an analysis by SCB EIC’s Economic and Business Research Centre published by PPTVHD36 this evening (June10). With purchasing power remaining sluggish in […]
Read MorePrices of building materials soar as Middle East war drags on
THE Commerce Ministry said today (May 22) that ongoing US-Iran war has led to the construction materials price index rising 112.4 points in April, a jump of 5.9%, which is the highest in 44 months, according to PPTVHD36. Mr. Nantapong Chiralerspong, director of the Trade Policy and Strategy Office, said as the Middle East […]
Read MoreCabinet green light for US to buy house in Chiang Mai
THE cabinet has approved the US government purchasing a landed house in Chiang Mai to serve as the residence for the US Consul-General, reinforcing the over 190-year relationship between the two countries, Amarin TV said this afternoon (May 12). Ms. Lalida Periswiwatana, deputy spokesperson for the Prime Minister’s Office, said this house is located […]
Read MoreMore Bangkok residents now opting for second-hand housing
A CLEAR shift has emerged in the Bangkok property market with residents increasingly opting for second-hand housing as reflected in a 1.5-fold increase in this segment’s transfer value, from 27% in 2020 to 38% in 2025, PPTVHD36 said today (Feb. 25). Research by Krungthai Compass shows that there are three key factors driving second-hand […]
Read MoreLuxury home market attracting more developers but demand limited
THAILAND’S luxury home market, with prices ranging from 25 to 100 million baht, is now attracting more mid-sized and new entrants as the mass market is saturated amid declining purchase power but this segment could be more challenging than they had anticipated, PPTVHD 36 quoted an analysis by Kiatnakin Phatra Bank (KKP) as saying […]
Read MoreHousing estate juristic chairman, manager held for bribing officials
THE JURISTIC chairman and manager of a luxury housing estate in Bangkok’s Bang Khun Thian district were arrested yesterday (Sep. 5) on charges of bribing officials much to the relief of residents who have been living in fear for years with some of them even beaten up, Naewna newspaper said. Pol. Col. Phermwut Pratumrat, […]
Read MoreQuake-hit condo juristic person committee quits in row with unit owners
THE entire juristic person committee of a 900-unit condominium in Chokchai Ruammit area where a large number of residents still cannot move back to their homes two months after the March 28 earthquake resigned after fierce arguments broke out during a meeting yesterday (May 27), TV Channel 7 said. Both sides threatened to sue […]
Read MoreCondo residents fuming – still unable to return 2 months after quake
RESIDENTS of a 900-unit condominium in Chokchai Ruammit area are furious with their juristic person because even though two months have passed since the big earthquake on March 28, they are still unable to live in their homes, Amarin TV said today (May 28). Popular web page, whose Thai name translates to “If You […]
Read MoreUkrainian woman arrested at Phuket airport for trashing luxury condo unit
A YOUNG Ukrainian woman who attracted the attention of Thai netizens after photos of a luxury condo unit she had damaged over the return of 32,000 baht deposit spread online was arrested at Phuket Airport today (May 10) just as she was about to fly overseas, Thai Rath newspaper said. Pol. Col. Somsak Thongkliang, […]
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