REVEALED: 2 - The Real Truth

Steel prices hike building costs

Soaring steel prices continued to push up the price index of home construction costs in the second quarter with a year-on-year rise of 5.6%, the highest level in 40 quarters, according to the Real Estate Information Center (REIC).

Bangkok Post · Jul 18, 2022

Housing developers' sentiment remains low in Q2

Despite improvement from the first quarter, sentiment among housing developers in Greater Bangkok in the second quarter remained low as inflation, higher interest rates and rising costs worried them.

Bangkok Post · Jul 17, 2022

Market index sees strong quarterly growth

The residential property market index in the first quarter maintained an upward trend as it saw quarter-on-quarter growth of 10.4% to 86.8, almost matching the pre-pandemic level due to a strong recovery in demand and supply.

Bangkok Post · Jul 13, 2022

Developers require rejig to flatten prices

Residential developers should revise down unit sizes and adjust some features to keep housing prices flat, to accommodate sluggish purchasing power after prices were pushed up by higher costs caused by the impact of the Russia-Ukraine war.

Bangkok Post · May 9, 2022

Residential price index rises in Q1 in omen for higher costs

After falling for three consecutive quarters, the residential price index inched up in the first quarter of 2022, which was seen as a warning of an upward trend in housing prices based on the cost-push effect, according to the Real Estate Information Center (REIC).

Bangkok Post · Apr 24, 2022

Cost to build homes up 5.3%

The average cost of constructing a home rose 5.3% year-on-year in the first quarter of 2022 as a result of the Russia-Ukraine war, according to Vichai Viratkapan, acting executive director of Real Estate Information Center.

Bangkok Post · Apr 20, 2022

Bangkok housing developers' sentiment dips in Q1

Sentiment among housing developers in Greater Bangkok dropped in the first quarter this year as they were worried about soaring costs of construction materials impacted by the Russia-Ukraine war.

Bangkok Post · Apr 18, 2022