Real estate developers’ confidence falls substantially in Q2 2019

23 Sept 05:30 Key points summarised by AI

Real estate developer confidence in Thailand significantly dropped in Q2 2019, falling to 42.2 points from 50.4, reflecting concerns over the economic situation and investment, impacting both listed and non-listed companies.
Despite the current decline, developers remain optimistic for the next six months, with an expectation index of 58.0 points, anticipating economic improvement and clearer government policies following the formation of a new administration.

New home loan scheme aims to boost property sector with Bt125 billion

Today 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.