Post by account_disabled on Dec 27, 2023 2:22:26 GMT -8
Mr. Ponnaris Chuanchaisit, President of the Thai Real Estate Association, said that from the forecast of the GH Bank Real Estate Information Center (REIC) that in 2020 there will be an additional 79,408 new housing projects for sale in Bangkok and surrounding areas, making it The cumulative total of 212,750 unsold units is a worrisome situation. And at present, some operators reduce prices to hasten to release stock, causing a price war. and may cause the real estate market Losing the shape that looked good all along. It also affects the behavior of consumers who request operators to reduce prices more.
It is expected that the real estate business C Level Executive List May support itself for only 3-6 months. Meanwhile, measures to help the real estate sector From the government has not yet been mentioned, and the soft loans that the government will come in to help businesses may help entrepreneurs have enough capital to hire employees. But still unable to carry out other activities There are 5 proposals for the government to consider: 1. Cancel or postpone the use of LTV-loan to value due to the situation where buyers will be residents or real demand customers rather than speculators. 2. Propose to postpone the enforcement of land and building taxes (Property Tax) that will become a heavy burden.
Because land for new projects will be dead stock for entrepreneurs. from the slowdown in new project development during this period 3.Using the Land Allocation Act at this time will aggravate costs for entrepreneurs. 4. An offer for entrepreneurs to buy back assets that customers have purchased but are unable to pay in installments in all cases. It is something that is difficult. and must be carefully considered. Because there are quite clear indications that there are speculators who take the opportunity to not accept the transfer and want to request a refund for the down payment. 5. Conditions of the National Bank accepting bonds Entrepreneurs must first raise 50% of the money, which is difficult because the current situation is not conducive to selling new bonds. and the amount for repaying the bond is a large sum of money.
It is expected that the real estate business C Level Executive List May support itself for only 3-6 months. Meanwhile, measures to help the real estate sector From the government has not yet been mentioned, and the soft loans that the government will come in to help businesses may help entrepreneurs have enough capital to hire employees. But still unable to carry out other activities There are 5 proposals for the government to consider: 1. Cancel or postpone the use of LTV-loan to value due to the situation where buyers will be residents or real demand customers rather than speculators. 2. Propose to postpone the enforcement of land and building taxes (Property Tax) that will become a heavy burden.
Because land for new projects will be dead stock for entrepreneurs. from the slowdown in new project development during this period 3.Using the Land Allocation Act at this time will aggravate costs for entrepreneurs. 4. An offer for entrepreneurs to buy back assets that customers have purchased but are unable to pay in installments in all cases. It is something that is difficult. and must be carefully considered. Because there are quite clear indications that there are speculators who take the opportunity to not accept the transfer and want to request a refund for the down payment. 5. Conditions of the National Bank accepting bonds Entrepreneurs must first raise 50% of the money, which is difficult because the current situation is not conducive to selling new bonds. and the amount for repaying the bond is a large sum of money.