THE HOUSING MARKET shook off a downturn in the first half of this year with transfers reaching 167,000 units, a 17.6% increase, driven by government measures, PPTVHD36 said today (Aug. 27). Sales of second-hand homes soared accounting for 63% of the total, reflecting a focus on value for money. At the same time
Tag: housing
Housing estate juristic chairman, manager held for bribing officials
THE JURISTIC chairman and manager of a luxury housing estate in Bangkok’s Bang Khun Thian district were arrested yesterday (Sep. 5) on charges of bribing officials much to the relief of residents who have been living in fear for years with some of them even beaten up, Naewna newspaper said. Pol. Col. Phermwut Pratumrat,
Read moreThousands protest in Portugal over surging house prices and rents
By Reuters and published by Yahoo!News Lisbon – Thousands of people took to the streets of Lisbon and other cities across Portugal on Saturday (Sep. 28) to protest against soaring rents and house prices, as frustration mounts over a crisis that has priced many out of the housing market. Demonstrators carried posters showing slogans
Read moreBangkok housing market likely to drop by 39% year-on-year
THE Greater Bangkok residential market is expected shrink by 39% year-on-year with new launches seen to bring in a total of 72,875 units compared to 118,975 units unveiled in 2019, the independent survey firm Agency for Real Estate Affairs (AREA) said today (June 18, 2020). Dr Sopon Pornchokchai, president of AREA’s Research and Appraisal Information
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