The EEC is helping hotels and tourism in Pattaya and adjacent areas as the industrial zone prompts further development throughout the Eastern Seaboard.
Condominium prices in Bangkok, Nonthaburi and Samut Prakan provinces rose 11% year-on-year in the third quarter and 2.8% from the previous quarter on progress in the expansion of electric railway lines.
New zoning laws are purported to make Bangkok more dense and improve utilisation.
INFOGRAPHIC /The central translates its fears of a housing bubble-burst by putting in tough measures including up-front cash needed to buy a new home.
Almost half of new mortgages in Q2 had a loan-to-value (LTV) ratio of more than 90%, and those with a loan-to-income (LTI) ratio above five times made up nearly one-third.
Phuket has become a trendsetter for buy-for-rent resorts as more buyers look to maximise gains from their properties apart from leisure and recreation.
MAI-listed developer Chewathai Plc (CHEWA) will launch nine new residential projects worth a combined 8.3 billion baht from next month to mid-2019 after freezing new launches for over a year.
Premiere Home Health Care Co plans to launch a second senior living condo project worth B850m in the Pracha Uthit area to tap younger demand at lower prices.
Fear of too much house and condo flipping for sheer profits has caused the Bank of Thailand to order all banks to rein in red-hot mortgage lending.
The office market is likely to face fierce competition in the next 3-4 years as the supply of Grade A office spaces increases by 30% from 1.175 million in the central business district
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