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The condo market in Cha-am still faces a glut, with the inventory of unsold units expected to take 10 years to be absorbed, while the Hua Hin condo market remains robust, says property consultant Colliers Thailand.
The delay in the establishment of the new government may lead to a lack of confidence among financial institutions, which in turn could impact the consideration and approval of home loans, according to SET-listed developer L.P.N. Development.
SET-listed developer L.P.N. Development Plc aims to attain 10 billion baht in revenue and 1 billion baht in net profit every year from now until 2026 after revenue fell to 5.6 billion baht in 2021 -- the lowest level in 15 years.
Rice has been Thailand's dominant cash crop for decades, using more than half of the arable land as well as the labour force in Thailand.
Real estate stocks will directly benefit from the Bank of Thailand (BoT)'s decision to raise the loan-to-value (LTV) ratio for mortgage lending to 100% to revive the property sector, said analysts from Maybank Kim Eng Securities (MBKET).