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Industry Outlook Analysis

5 Aug 2019

Real Estate and Construction

Consumer purchasing power of residential property in Greater Bangkok has not fully recovered, leading to a high number of unsold units in 2019 (Current Issue No.3014)

The residential property market in Bangkok Metropolitan Region in the remainder of 2019 still faces several challenges, prompting developers to adopt a cautious approach in launching new projects and adjust their business plans in response to the market conditions in 2H19. Some have shifted to pro... Read more

9 May 2019

Real Estate and Construction

Residential property stimulus measures for 2019 will boost market sentiment amid economic headwinds (Current Issue No.2990)

The package includes the Finance Ministry’s residential property stimulus measure which targets the customer group with real demand. They are first-time buyers planning to buy a house with reasonable price. Additionally, there is a measure to ease the spending burden of low-income and middle-income ... Read more

18 Apr 2019

Real Estate and Construction

Condo market in 2019: Developers are cautious with the volume of project launches expected to slow to 61,000 – 64,000 units. (Current Issue No.2982)

Condominium developers are expected to face greater challenge in 2019 due to increasing economic uncertainty as well as specific factors affecting condominium market. For example, the demand for condo has been somewhat absorbed and there are a number of remaining unsold units covering a wide range o... Read more

15 Feb 2019

Real Estate and Construction

LTV Measure Affects 20% of Bangkok Residents Wanting to Buy Homes … Number of Home Ownership Transfers Projected to Contract 8.5-12.5% in 2019 (Current Issue No.2968)

The residential property market will continue to face a number of challenges in 2019. These include a fragile economic recovery in Thailand, weak purchasing power, especially of low-income earners and high levels of housing inventory. Given this, KResearch has conducted a survey on the behavior of ... Read more

24 Jan 2019

Real Estate and Construction

Potential Home Buyers in Gen-Y Segment Projected to Purchase 42,000-50,000 Units/Year of Homes in Greater Bangkok (Current Issue No.2959)

In 2019, residential property developers in Greater Bangkok may face more challenges in bolstering sales because purchasing power overall has not fully recovered and there are various economic factors affecting consumers’ decision to purchase homes. Under this circumstance, real estate developers ma... Read more

19 Nov 2018

Real Estate and Construction

Land and Building Tax Bill: To Enhance Tax Collection Efficiency … Accelerating Understanding to Tax Payers Needed (Current Issue No.2940)

The draft of the Land and Building Tax Act, B.E….will replace the current local maintenance tax, building and land tax laws once it has been enacted. The new Land and Building Tax Act is intended to enhance the efficiency of tax collection by local administrative organizations in line with the... Read more

25 Jul 2018

Real Estate and Construction

Investment in Retirement Community Projects May Reach THB6 Billion between 2018-2020 (Current Issue No.2921)

Being in a transition from an ageing society to an aged society, demand for housing facilities intended for the elderly in Thailand has risen. In this market, there are developers in both the public and private sectors, and for private projects; they may be classified into two types: 1) general resi... Read more

28 Nov 2017

Real Estate and Construction

Developers Need Caution toward New BKK Homes, 100,000-108,000 Units Expected to Enter the Market in 2018 (Current Issue No. 2883)

As Thai economic recovery momentum is expected to continue in 2018, boosting property developers’ confidence toward the offering of new r... Read more