Thailand Property Development Industry News

Read the latest Thailand Property Development Industry News here.

Less bubble risks for Thailand real estate

A reduction in the oversupply of condominiums and decrease in demand has reduced the Bank of Thailand’s (BOT) doubts over a bubble forming in the market. The effects of BOT’s decision to raise the loan to value ratio (LTV) at the start of 2011 are being monitored.

Property market returning to normal: BOT

The Bank of Thailand is now less concerned about a bubble in the condominium market due to a reduction in oversupply and a slowdown in demand. The impact of its decision to raise the loan-to-value (LTV) ratio, which took effect from the beginning of 2011, is being monitored.

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Bangkok to build the US$490 million Super Skywalk

Bangkok Metropolitan Administration (BMA) annouced its plans to spend THB15 billion (US$490 million) on creating the Super Skywalk System, a 50-kilometre elevated walk way

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