As first-home programme spurs competition, buyers are urged to shop around for the mortgage plans that suit them best and to make decisions soon. While many consumers are looking forward to reducing their taxable income by as much as 500,000 baht under the government’s first-time homebuyer programme, they can also expect to be wooed by [...]
|Posts Tagged ‘BTS’
Single house sales to gain
The government’s first-home policy will help certain developers of almost 20,000 single houses priced from 3-5 million baht now available in Greater Bangkok, says the consulting firm Agency for Real Estate Affairs (AREA). First-time homebuyers of units priced up to 5 million baht who buy from yesterday until December next year can deduct 10% of [...]
|Govt pushes first-home tax cuts
House association chief warns only rich will gain The Finance Ministry will table a tax cut scheme for first-time home buyers to the cabinet for approval Tuesday offering a maximum 10% tax deduction on houses costing up to 5 million baht. The 5 million baht ceiling is changed from the previous 3 million to help [...]
|Ananda: Udomsuk to be new Thong Lor
Ananda Development Co Ltd believes the Udomsuk area will one day be like Thong Lor due to its link to main roads and the BTS, saying condominium prices along the extension line have increased by 25%. Once the extension from On Nut to Bearing opened on Aug 12, sales in the location resumed, said CEO [...]
|Pre-Built in construction rush
Deadlines to beat minimum wage hike The listed contractor Pre-Built Plc (PREB) increased its revenue target by 25% and is speeding up construction work to reduce the risk of rising costs if the minimum wage is raised to 300 baht a day. Managing director Wirot Charoentra said the new revenue target was 2.5 billion baht, [...]
|Resale condos lucrative for Ananda unit
With resale condominiums clustered along mass-transit lines in high demand by investors and end-users alike, the new housing broker The Agent Co, a subsidiary of Ananda Development Co, plans to add more to its portfolio on top of the parent’s Ideo projects. Buyers of condos near mass transit are confident of above-average returns, says Mr [...]
|MK asks for clarification of 0% loans
MK Real Estate Development Plc is urging the government to quickly clarify its no-interest loan policy as buyers have already started to delay decisions on home purchases. Assistant managing director Chutima Tangmatitham said housing sales in July were down by 10% from the expected average in the first six months of the year as buyers [...]
|Sub-B2m condos popular picks among young adults
Young adults aged 19-26 prefer condominiums to other types of residential developments but are willing to pay a maximum of 2 million baht a unit, according to a survey by property consulting firm Plus Property Co. Anukul Ratpitaksanti, the company’s deputy managing director, said condos priced below 2 million were in demand among Generation Y, [...]
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