Noble still confident in condos
Noble Development Plc expects to develop three high-rise condominiums in Bangkok's central business district.
Noble Development Plc expects to develop three high-rise condominiums in Bangkok's central business district.
The Joint Foreign Chambers of Commerce in Thailand (JFCCT) should be congratulated for raising the issue of foreign ownership.
Special promotional offers may entice home buyers after the number of unsold residential properties held by most Thailand property firms increased in the first quarter of 2011 from the fourth quarter of 2010.
Examining trends for the real estate business this year, Thailand’s Real Estate Information Centre (REIC) held its “Property Market Outlook in 2011.
The National Housing Authority (NHA) plans to launch a mortgage loan for homebuyers who want to buy residential units but cannot apply for mortgage loans from commercial banks.
The price index of condominium units priced below 50,000 baht a square metre has risen 10% this year despite the large new supply, against a rise of just 6% in the condominium price index overall.
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