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Industry Outlook Analysis

9 Dec 2020

Real Estate and Construction

Construction Costs, 2021: Accelerating Amid Volatile Iron Prices, Labor Shortages and COVID-19 (Current Issue No.3168)

The construction industry has experienced a sudden spike in costs at construction sites due to operational adjustments to cope with the coronavirus (COVID-19) pandemic. Such costs include transportation, accommodation and personal protective equipment for workers. KResearch is of the view that COVID... Read more

20 Nov 2020

Real Estate and Construction

Housing market in 2021 past its trough, yet rife with challenges (Current Issue No.3163)

In the final stretch of 2020, the Thai housing market has started to receive some good news with regard to progress in the development of COVID-19 vaccines, and Thailand’s better-than-expected economic performance in 3Q20., based on data provided by the Office of the National Economic and... Read more

30 Oct 2020

Real Estate and Construction

Precast construction: The solution to current and future industry challenges (Current Issue No.3155)

The construction industry is set to face monumental changes in the near future. Given recent labor shortages, Thai construction business, which is labor-intensive, may need to consider an alternative approach that requires less manual labor through a greater reliance upon new construction technology... Read more

18 Jun 2020

Real Estate and Construction

Residential Market during the Remainder of 2010 Hinges Chiefly on Consumer Purchasing Power (Current Issue No.3119)

In 1H20, indicators for the housing market in Greater Bangkok have declined in line with the business environment. New home purchases fell by approximately 75 percent YoY on average during 5M20 while the number of home ownership transfers dropped 3.4 percent YoY, ... Read more

27 Nov 2019

Real Estate and Construction

New Aid Package to Bolster Residential Property Market in 4Q19 (Current Issue No.3056)

The Cabinet, November 26, 2019, approved new economic stimuli for 4Q19. These include a 50,000-Baht subsidy on a home purchase down payment to ease financial burden of new home buyers, being the government’s third property stimulus measure so far this year. ... Read more

22 Oct 2019

Real Estate and Construction

The reduction in transaction fees for property sector helps boost the market amid various challenging issues (Current Issue No.3044)

Since the beginning of 2019, the residential property market has faced several challenges due to a slowing economy, which affects the confidence of buyers. Moreover, the purchasing power of consumers has not fully recovered. The loan-to-value (LTV) ratio requirement, designed to control the mortgage... Read more