Revaluation could spur land prices
The Treasury Department's latest revaluation exercise could give a further boost to land prices, especially for plots along the commuter-rail lines in Greater Bangkok.
The Treasury Department's latest revaluation exercise could give a further boost to land prices, especially for plots along the commuter-rail lines in Greater Bangkok.
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.
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.
The Government Housing Bank was swamped yesterday on the launch of the Bt25-billion First Home Loan scheme, with nearly 6,000 eager applicants seeking almost Bt9 billion in zero-interest mortgages.
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