Posts Tagged ‘Thailand property’

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Thai property set for price increases

Thai property set for price increases
The Thai property market is bracing itself for price increases at the end of March after government officials decided that they would not be renewing tax breaks. Full story

Kanda to launch four projects in 2010

Property developer Kanda Property Co Ltd plans to launch four housing projects and to complete new phases of existing projects worth a total of 2.35 billion baht in 2010, says managing director Issara Boonyoung. Full story

Thai Land & Houses says tax change to hold down profit

Land & Houses PCL LH.BK, Thailand's biggest home builder, said on Tuesday it expected to report only single-digit growth in net profit in 2010 due to higher costs as government tax breaks expire in March. Full story

Incentives’ end could boost big developers

The gap between big and small developers will widen further if tax incentives for the property sector are not extended, says Tritecha Tangmatitham, Supalai's manager for business development and investor relations. Full story

Thailand property taxes ’should come before land liberalisation’

Thailand property taxes 'should come before land liberalisation'
A property expert in Thailand has warned the government should implement new tax reforms before attempting to liberalise foreign land ownership regulations. Full story

Solutions sought for stalled buildings

Government agencies should clarify regulations related to suspended buildings and consult businesses on how to continue construction on a case-by-case basis, says Yodyiam Teptaranon, a former president of the Association of Siamese Architects. Full story

Less is more in bangkok condo market

While doubts linger about how the property industry will perform this year, the market for used homes should do well because prices of new properties have risen as buyers continue to benefit from low interest rates Full story

Developers need to guard against risk of housing oversupply

The housing market slowed a bit in 2009 but will require some scrutiny in the months ahead to prevent an oversupply. Full story

First local Lehman asset put on the block

First local Lehman asset put on the block
Baan Taling Ngam Resort on Koh Samui, owned by the defunct Lehman Brothers (Thailand), will be offered for tender later this month. Full story

Thai listed developer Prinsiri records rise in net profits.

Thai listed property developer Prinsiri has announced a 53.34 per cent increase in net profits for the year ending 2009. Full story
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