Thailand's leading real estate agent

Bangkok Condo Developer Supalai See Potential Tax Tweaks

By on Sep 23, 2015 in Property News, Residential

supalai 1_620x370Bangkok condo and SET-listed developer Supalai Plc (SPALI) is expecting weak sentiment in the property sector for the rest of the year despite tax incentives designed to give a boost to housing sales.

Deputy managing director Tritecha Tangmatitham said many property developers were pinning their hopes on the proposed tax incentives, which the economic team led by Deputy Prime Minister Somkid Jatusripitak hopes will speed up new housing transfers.

“The tax incentives will help accelerate the transfer of purchased units in condominium projects launched in the past year,” MrTritecha said. Tax incentives are nothing new and have been used by earlier governments to develop the property market. They were successful in boosting new sales of low-rise units that were ready to transfer.

As at end of June this year only 10% of the available Supalai units are under 2 million THB  and are ready to transfer.


For the full article click here.
Source: Bangkok Post, Sept 11, 2015

Nora has been in the Corporate Communications arena for a number of years. Nora's role is to communicate all newsworthy items that are of a PR nature.

No comment


emailSubscribe Via Email

Privacy guaranteed. We will not share your information.

Follow Me on Twitter

Follow Me on Facebook

Subscribe via RSS Feed

Copyright © 2021 CBRE (Thailand) Co., Ltd. All Rights Reserved.