Thai police crack down on Russian investors in Phuket benarnews.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benarnews.org Daily Mail and Mail on Sunday newspapers.
The housing purchase confidence index (HPCI) in Greater Bangkok for the first quarter of 2024 dropped from the fourth quarter of last year, likely the result of gradually increasing policy interest rates throughout 2023.
Thai police crack down on Russian investors on holiday island of Phuket rfa.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rfa.org Daily Mail and Mail on Sunday newspapers.
The condo market still has to rely on foreign demand as total transfers in the first quarter were mainly driven by foreign buyers, whose proportion rose to the highest in history, according to the Real Estate Information Center (REIC).
The expected dip in interest rates by 25 percentage points in the second half this year is expected to help the residential market, resulting in projected growth of 5.5%, in contrast with a decline of 0.7% without a rate cut.