homes
- Thailand News
Young Thais increasingly rent homes due to high prices
A recent survey by DDproperty reveals that young people are increasingly opting to rent homes rather than buy them due to high prices and insufficient savings. Concerns about managing financial liquidity in an uncertain economy also play a significant role in this trend. The survey highlights that financial factors are the primary reason why consumers prefer renting. More than half,…
- Thailand News
IKEA launches furniture buy-back for Thai flood relief effort
IKEA has partnered with the Mirror Foundation to buy back furniture and help restore homes in northern Thailand affected by flooding. This initiative aims to return these homes to their former beauty. IKEA announced this campaign on its Facebook page, stating, “In these difficult times, our collective help is crucial. IKEA is collaborating with the Mirror Foundation to support flood…
- Thailand News
Volunteers clean flood-hit homes in Nan and Chiang Rai
The Mirror Foundation volunteers have been dispatched to clean houses in Tha Wang Pha, Nan province, and Thoeng, Chiang Rai province. A police deputy inspector generously toured the area, refilling water supplies for various households. This collaboration between strangers is heartening. Today, August 26, Somphot Boonngamanong, also known as Bor Kor Lai Dot, shared a Facebook post detailing the Mirror…
- Business News
Mortgage rejection rates to rise for homes under 3 million baht
Mortgage applications for homes priced below 3 million baht are expected to continue facing high rejection rates for the next two years due to a slowdown in the residential segment. A research centre under the Siam Commercial Bank Economic Intelligence Centre (SCBEIC), reports that house sales priced under 3 million baht in the Bangkok Metropolitan Region (BMR) are likely to…
- Thailand News
Loan rejections soar for Thai homes under 3 million baht
The Thai housing market is facing a significant challenge as a growing number of loan applications for homes priced below 3 million baht are being rejected. According to the Housing Finance Association, the rejection rate has spiked to 50%, highlighting the vulnerability of this segment despite its substantial market size. The association’s secretary-general and chairman of the executive board, Alangkot…
- Thailand News
Homeowners confidence hits rock bottom- is your dream home still a dream?
The 2023 Homebuyer Confidence Index has taken a nosedive, leaving prospective homeowners questioning their property dreams. Recent research unveils the shocking truth behind this unexpected slump in optimism. Despite a generally content outlook on the Thai economy, the Consumer Confidence Index for 2023 has fallen to 76, a noticeable dip from the previous year’s score of 80. Sumitra Wongpakdee, managing…
- Thailand News
Thai Government Savings Bank promises low interest rates for home loans
The Government Savings Bank (GSB), an institution committed to enabling Thai citizens to own their homes, is prepping a credit line of 45,000 million baht to offer three home loan products with fixed interest rates for the first three years, marking the end of this year. The initiative is expected to inject liquidity into the economy. According to Karm Phonprakong,…
- Property
Singapore home sales down 22%, as expat workforce hits 12-year low
Home sales in Singapore have fallen to their lowest rate in nearly 2 years, as cooling policies and rising property taxes slowed the residential market. The number of foreign white-collar professionals working in the city-state has also reached a 12-year low. The poor property sales reflect a lack of consumer confidence after the Singapore government raised taxes on high-end residences…
- Thailand News
More thunderstorms and winds projected nationwide for weekend
The Thai Meteorological Department is extending the forecast of heavy thunderstorms and gusty winds to last through the weekend nationwide. Previously, it issued warnings of thunderstorms to last through today as a high-pressure system from China, winds, and a westerly trough from Myanmar are making landfall in the Kingdom. The system is bringing moisture to upper Thailand and the central…
- Thailand News
Thailand News Today | Political homes, Adult site bans, Nok Air rehab | November 5
Thailand News Today, the most-watched English-speaking Thai TV news service in the world. Short, sharp, to the point. Make it a part of your day. Young Thais say political divide has caused conflict with their parents The ongoing political protests have led to a new, raw divide in Thailand with a split between a younger generation demanding democracy and an…
- Northern Thailand News
8,000 homes inundated in Nakhon Ratchasima after 2 days of torrential rain
The Thai PM Prayut Chan-o-cha is urging emergency services and the Department of Disaster Prevention and Mitigation in the Pak Chong district of Nakhon Ratchasima, in Thailand’s north east, to urgently attend to the suffering of the region’s flood victims. Flooding has cut electricity and water supplies to several areas around the district. 8,000+ houses have been flooded after the overflowing…
- Bangkok News
Homes partially collapse in 2 provinces
In 2 separate incidents, the area around the 3 storey flat block that tilted and partially collapsed on Wednesday in the in Samut Sakhon, southwest of Bangkok, has been declared a disaster zone. And in neighbouring Samut Prakun, due south of the capitol, the Engineering Institute of Thailand is investigating 20 houses where pillars, ceilings, roofs and walls were found…
- Events
Australians and New Zealanders commemorate ANZAC Day with driveway tributes
Australians and New Zealanders have stood outside their homes at dawn this morning to mark the annual ANZAC Day. This year’s tributes and salutes to the fallen who have served their countries at war have been from a distance. A new generation stood quietly at the entrance to their homes, in some cases wearing the medals of their relatives that…
- Covid-19 News
Power to the people – Energy Ministry promises adequate supply of electricity
Thailand’s Energy Ministry says that there will be adequate electricity supply to fuel the demands of people staying and working from home. Millions are cooped up in their homes, raising the domestic electricity supply usage. But many businesses have closed up, easing up some of the demands on total supply. Energy Minister Sonthirat Sonthijirawong says there should be enough power…
- Covid-19 News
Cabinet will look at proposal to help with home internet
Cabinet today will look at a proposal to help people working from home with 10 Gb free internet for their smartphones, along with other subsidies. The Thai National Broadcasting and Telecommunications Commission will ask for cabinet approval providing mobile users with 10 free gigabytes of data usage per subscriber, per month up to June 30. The NBTS say they recognise…
- Thailand News
Romeo robber arrested for drugging women in their homes
Lonely hearts beware: a serial robber has been arrested after meeting up with girls for a night of fun but instead robbing them in their own homes. Police arrested a 28 year old man, who they named only as “Suchin,” in the eastern province of Chonburi on Thursday. One victim told authorities she met Suchin on a dating site in…
- Expats
Top 10 Feng Shui master tips to re-organise your home
The ancient wisdom of Feng Shui looks at how the life energy or “qi” in the environment, like our homes, affect our life, health, relationships, and prosperity. In this article, we want to share tips that some famous Feng Shui masters, who are sought after by celebrities, tycoons, politicians, and big brands, recommend to help you re-organise your house. Even…
- Health
Smoking at home in Thailand has been banned from today
The ban on smoking at home in Thailand comes into effect today. From today people can be prosecuted for “domestic abuse” by lighting up a cigarette inside a home. People can call Family and Protection centres on 1300 to report a smoker. According to the new law, women and children are often the recipients of second hand smoke and the…
