The Bank Of Thailand announced that it was relaxing the loan-to value rules (LTV) for first home buyers who do not own other residences such that they would be granted a 90 per cent mortgage on a condominium and 95 per cent for a single detached house or townhouse. The relaxation of the rule also applies to borrowers or co-borrowers who pool together their financial earnings to buy their first res...
The Bangkapi- Ramkhamhaeng area is a new potential location for the growth of residential condominium development projects as it is supported by several factors that will support this trend including the construction of three MRT lines: the Orange Line (East) Project from the Cultural Centre-Min Buri (Suwinthawong); the Yellow Line Project from Lat Phrao-Samrong; and the Ramkhamhaeng area, which i...
Thailand is going to witness the debut of a new class of luxury condominiums never witnessed before with the launch of the #Scope Langsuan. To be developed on a plot of prime freehold land at Langsuan, that was transacted as the most ever expensive piece of land in Thailand’s history, the project is being designed by world famous designer, New York based Danish born Thomas Juul-Hansen. Other...
Thai based developer Altititude Development and Japanese Real Estate Conglomerate Creed Group have entered into an undisclosed joint deal to develop and launch a mid market condominium project at up-and-coming area of Talat Phlu called Altitude Unicorn Sathorn-Tha Phra.The project is worth a total of Bt2.4 billion. The project is located near the CBD area of Bangkok, conveniently accessed by...
Despite the economic slowdown, ongoing global trade war, decreasing consumer confidence, the LTV policy and falling yuan, Nexus Property Marketing Company Limited (NEXUS) is still upbeat about the Bangkok property markets and expects the second half to still be extremely aggressive.
Mrs. Nalinrat Chareonsuphong
Mrs. Nalinrat Chareonsuphong,MD of Nexus disclosed that many listed property d...
