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PROPERTY

Capstone goes all in on Phuket

Kanana Katharangsiporn, Published on 23/10/2025

» Property firm Capstone Asset Co is capitalising on momentum in Phuket and the emerging Phangnga market, with plans to develop a Marriott-branded residence and hotel in Phuket, a resort in Natai, and provide advisory services for a mixed-use project in Khao Lak.

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PROPERTY

SCX allots B2bn for second Pattaya hotel

Business, Kanana Katharangsiporn, Published on 22/10/2025

» SCX Corporation, the recurring-income asset management arm of SET-listed developer SC Asset Corporation, plans to invest 2 billion baht to develop a second hotel in Pattaya, and is seeking a joint venture partner for the project.

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PROPERTY

CG Capital to invest B5bn in Phuket, Samui hotels

Business, Kanana Katharangsiporn, Published on 21/10/2025

» CG Capital Advisory, the private equity arm of Central Group, plans to invest over 5 billion baht to develop five hotels in Phuket and Samui, alongside the launch of the InterContinental Residences Bangkok Asoke, a 5.5-billion-baht condominium project.

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GENERAL

Examining the crux of the credit crunch

Business, Kanana Katharangsiporn, Published on 18/10/2025

» Thailand's residential property sector is grappling with a severe credit crunch, as mortgage rejection rates have surged to an unprecedented 80% this year, up sharply from around 30% during the pandemic, according to developers.

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GENERAL

Swire to debut Upper House hotel in Bangkok

Business, Kanana Katharangsiporn, Published on 18/10/2025

» Hong Kong-based conglomerate Swire Pacific plans to open its first Upper House hotel in Bangkok, marking the brand's debut in Thailand, alongside its first branded residence project worth 30-40 billion baht on Wireless Road.

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GENERAL

Call for power upgrades to fuel data centres

Business, Kanana Katharangsiporn, Published on 16/10/2025

» Thailand's data centre capacity is projected to more than double over the next few years, but the government must upgrade power transmission lines and substations as electricity shortages are emerging in key provinces such as Chon Buri and Rayong.

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PROPERTY

Glut of warehouse space restricts rates

Kanana Katharangsiporn, Published on 15/10/2025

» Despite growth in the industrial property sector, the market for warehouses outside industrial estates has slowed, as large users like e-commerce companies increasingly invest in their own facilities, according to property consultancy Cushman & Wakefield Thailand.

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PROPERTY

No condo market recovery until 2027

Kanana Katharangsiporn, Published on 14/10/2025

» The Bangkok condo market is expected to rebound in 2027, as sluggish conditions are likely to persist through next year and the expected general election, according to property consultancy Cushman & Wakefield Thailand.

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PROPERTY

Thai developers bet on sustainable homes

Kanana Katharangsiporn, Published on 13/10/2025

» As climate concerns mount and urban living intensifies, Thailand's property sector is turning to sustainability as both a necessity and a market opportunity.

GENERAL

Ascott sees revenue and rates reviving next year

Business, Kanana Katharangsiporn, Published on 09/10/2025

» The Ascott Limited Thailand, the wholly owned lodging business unit of Singapore-based CapitaLand Investment, expects revenue, occupancy and room rates to recover in 2026, with plans to diversify into resort destinations such as Phuket and secure a management contract in Hat Yai.