News Formal

Thai property market to normalise in 2023 - industry centre

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 66%

United States News News

United States United States Latest News,United States United States Headlines

BANGKOK : Thailand's property market is expected to return to pre-pandemic levels in late 2023, sooner than previously forecast, supported by an easing of housing loan regulations and a reopening to more foreign visitors, a property research centre said on Wednesday.The central bank last month relaxed mor

BANGKOK : Thailand's property market is expected to return to pre-pandemic levels in late 2023, sooner than previously forecast, supported by an easing of housing loan regulations and a reopening to more foreign visitors, a property research centre said on Wednesday.

The sector had initially been forecast to return to normal in 2025-2027, but it could pick up sooner, the Real Estate Information Center , a unit of the Government Housing Bank, said in a statement. New sold housing units are expected to fall by 35per cent to 43,051 units this year before doubling next year, he said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US aviation regulator in talks with telecom industry over 5G disputeWASHINGTON : The Federal Aviation Administration said on Tuesday it is in direct talks with the telecom industry about its aviation safety concerns involving the planned use of spectrum for 5G wireless communications.'We are having very productive discussions and we will figure this out,' FAA Administrato
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »