Tag Archives: Thailand Condos

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.

Despite some impact from mortgage lending curbs on the high-rise market, Supalai Plc remains confident in condominium demand with the launch of a new riverside project worth 5 billion baht, expecting sales of one-fifth on the launch date.

The listed developer Raimon Land Plc plans a new subsidiary this year that will serve as a property agent to its own customers.

Thailand's fast-growing property market runs a risk of facing a slowdown after its robust growth last year, according to a real-estate expert.