Thailand’s housing prices expected to rise by 5-8 percent in April

Thailand’s housing prices expected to rise by 5-8 percent in April

13 Sept 05:44 Key points summarised by AI

Thai housing prices are projected to increase by 5-8% in April due to escalating construction costs, primarily driven by the Ukraine conflict's impact on global oil prices and a previous surge in steel prices.
The construction sector also faces a severe labor shortage, prompting an appeal to the government for more migrant workers, while potential buyers are advised to purchase now to avoid higher future costs.

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

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.

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