01/02/2018
On stage, real estate seminar The 2018 Economic Indicators, both in real estate, economics and finance, all sounded the same. Growth of at least 5% with spearheaded condominiums leading to positive growth, with economic growth projected to grow from 3.9-4.2%
Government investment in large projects Many projects were postponed from last year. This is the main factor driving the country's economic growth this year. There are also other factors such as tourism, export and private investment.
There are also positive trends.
While external factors are likely to be positive, global economic growth is projected to grow at a 3.9% annual pace between 2018 and 2019 by the International Monetary Fund (IMF), while the economies of the United States, Europe and China. Will continue to grow.
President of the Association of Housing Business said that the property market this year will grow by about 5-10%, because the purchasing power is still strong. Especially consumers in Bangkok and suburbs, while banks began to lend more to home buyers.
The signal from the end of last year.
"The condo market this year is expected to outperform the market. From the changing consumer behavior. This year will be the year with a number of new condominiums completed and transferred a lot of fresh next year.
Looks like the condo is not over supply, but the operator may be concerned about sales. This is a good way to make entrepreneurs not invest more. "
President of Thai Condominium Association said.
The real estate market this year is still a stage.
Major Operators Especially the condominium market. It is an investment that uses high capital as the land price goes up every year.
The year 2018 is also the market of the Big Brand.
Five years of each segment.
Starting from a condominium in Bangkok
Worth Bt249bn or 28% of small businesses. Compared to the previous 5 years, the middle-small has had a share of 60% to 28%, while the price of 10-15 million / medium-small units have never inserted the market. From the cause of expensive land price per square wah 1.4-1.5 million start 500 square wah land cost of 1,000 million.
The medium-to-small share is 60% higher than it is now at 30%, while the upper market share is only 18%.
The Big Ten, the first 60%, the rest of the middle - small, from 51% to 40%. Last year, the price of 2-5 million baht was very competitive. In finance Credit Rating B + Last year, 3-year debentures with a 2.2% interest yielded a major advantage over the middle-small
Last year, until this year, there were many changes such as the merger. Major joint investment. Restructuring And mixed projects. Only 29 announced projects worth 7.2 trillion baht is a major 74% from the past, just to see the location of Siam Paragon Central Embassy is currently very high investment.
at the same time The luxury market segment also has a unique Need a little privacy, is also a trend for the next 2-3 years.
The next "land price" has two main effects: 1. Middle-bottom market. Reducing staff from technological change Do not overlook this because the condo sales this year, but transferred two years. The Siam Commercial Bank announced 1,400 branches, down to 400 branches. The new graduates graduated two hundred thousand people graduated financially, but no one graduated mechanic. It is something to beware of because technological advances make the reduction of people very fast in credit. The person is good. If the industry is down. I have no opportunity to credit banks.
Senior household debt The cost of construction is the main cost of the project. 40% of the land cost 20%. Adjustable oil will affect the cost of middle-bottom immediately compared to the high end of 3,000 square meters.
Senior household debt The cost of construction is the main cost of the project 40% Land price 20% Adjustable oil price will affect the middle- and lower-cost market immediately compared to the high end of 300,000 square meters per .... Read on: https: //www.posttoday.com/property/news/538207
