Thailand - Building Permits





Thailand: Building Permits

Mnemonic HPMT.ITHA
Unit m², NSA
Adjustments Not Seasonally Adjusted
Monthly 2.19 %
Data Jun 2019 4,565
May 2019 4,467

Series Information

Source The Bank of Thailand
Release Sub national Property Indicators by Region
Frequency Monthly
Start Date 1/31/2008
End Date 6/30/2019

Thailand: Real Estate

Reference Last Previous Units Frequency
House Price Index Jul 2019 168.7 168.1 Index Jan2009=100, SA Monthly
House Price Index for Existing Homes Jul 2019 143.3 142.9 Index Jan2009=100, SA Monthly
Building Permits Jun 2019 4,565 4,467 m², NSA Monthly
Non-residential Building Permits Jun 2019 6,763 4,972 #, NSA Monthly

Release Information

Property Indicators manifest overall real estate transactions, construction and housing supply which can be used to reflect the transaction of real estate sector.

Indicators

1. Juristic act and right registration fee for immovable property.

2. Land transactions nationwide: This is derived from the amount of fees charged on juristic act and right registration fee for immovable property, which are categorized into 2 groups (2 percent and 0.01 percent).

3. Land development licensing nationwide (in number of units): This reflects the requests for permission by land and property developers (including National Housing Authority) to sell allocated land or land with buildings.

4. Construction area permitted in municipal zone (in thousands of square meter): This reflects the area permission to construct buildings in town municipality, city municipality, city of Pataya and Bangkok metropolitan zone. The figures show the construction area (i.e., functioning space), not the area of land.

5. Condominium registration nationwide (in number of units): This is the requests for condominium registration by the developers when the construction of condominium and facilities is 100% complete (without room decoration/furnishing). In the event of change in the owner of the condominium building prior to sale of condominium units, cancellation of the existing registration is required before the new registration can be issued.

6. New housing (in Bangkok and vicinity): This is the requests for house numbers from district offices of the Bangkok Metropolitan Administration. In case of the houses in housing project, developers are the persons who file the request for house numbers even if the construction is still not complete or not sold. (Since January 2006, the Government Housing Bank has used the data on apartment and condominium from the Department of Land instead of data on housing registration from district offices.)

7. Property credit outstanding : is the outstanding loan as at the end of reporting date.

Frequency and release schedule

The frequency is monthly with a lag time of 2 months. The last business day of the second month following the reference period 

Sources

1. Department of Lands, Ministry of Interior

2. District offices and Public work Department, Bangkok Metropolitan Administration, town and city municipality in the provinces and the city of  Pataya.

3. Government Housing Bank

4. Bank of Thailand

Yes, when updated data become available.