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Search Result for “thailand condo market”

Showing 1 - 10 of 1,228

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PROPERTY

Eastern Economic Corridor land prices surge in Q1 amid strong foreign demand

Business, Kanana Katharangsiporn, Published on 17/07/2025

» The land price index in the Eastern Economic Corridor (EEC) provinces rose by 24.9% in the first quarter of 2025, marking the fifth consecutive quarterly increase, led by Rayong, where the index surged 43.5% due to strong foreign investment in the industrial sector.

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PROPERTY

Residential index hits record low in Q1

Business, Kanana Katharangsiporn, Published on 15/07/2025

» The Thailand Overall Residential Market Index (TORMI) fell to its lowest level since the index was introduced in 2021 in the first quarter of 2025, even dropping below the levels recorded during the Covid-19 pandemic, according to the Real Estate Information Center (REIC).

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PROPERTY

Low-rise developers urged to boost safety

Business, Kanana Katharangsiporn, Published on 11/07/2025

» Low-rise housing developers should invest more in structural reinforcement to improve resilience against potential future tremors, which are likely following the earthquake in Myanmar in March, according to the Thai Structural Engineers Association.

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PROPERTY

Greater Bangkok property demand surges in Q1

Business, Kanana Katharangsiporn, Published on 04/07/2025

» Confidence among prospective homebuyers in Greater Bangkok surged in the first quarter of this year, reaching its highest level since tracking began in the fourth quarter of 2023, driven by interest rate cuts and the temporary easing of loan-to-value (LTV) rules.

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GENERAL

High hopes for virtual banks

Business, Somruedi Banchongduang, Published on 30/06/2025

» Financial literacy is crucial in enhancing consumer understanding ahead of the arrival of virtual banks, which aim to improve financial accessibility for underserved groups.

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PROPERTY

Condo market to see continued decline

Business, Kanana Katharangsiporn, Published on 17/06/2025

» Despite cuts in transfer and mortgage fees, as well as relaxed loan-to-value limits, Bangkok's condo market is expected to continue its decline from last year, driven by the ongoing economic slowdown and weak foreign demand.

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INVESTMENT

Onyx preps launch of REIT worth B6.5bn

Business, Molpasorn Shoowong, Published on 11/06/2025

» Onyx Hospitality Group is planning to launch its real estate investment trust (REIT), combining four properties worth 6.5 billion baht within this year, and aims to double its value to 15 billion baht within five years.

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PROPERTY

Trump tariffs crush Thai housing demand

Business, Kanana Katharangsiporn, Published on 09/06/2025

» The "Trump effect" has had a far greater impact on housing demand than the recent earthquake, which only caused temporary delays in purchases and transfers, whereas the former led to buyers stopping purchases altogether, according to SET-listed developer Supalai.

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THAILAND

ASPIRE Onnut Station Sets New Sukhumvit Standard 

Published on 04/06/2025

» Bangkok (4 June 2025) – A bold new chapter in Sukhumvit condominium living begins with the launch of ASPIRE Onnut Station, a move-in ready flagship development that redefines the Exclusive ALL-IN Lifestyle. Developed through a joint venture between AP Thailand—the nation’s leading condominium developer—and Japan’s Mitsubishi Estate Co., Ltd., this landmark project offers an exceptional blend of location, intelligent design, and superior quality. Situated just 200 metres from BTS Onnut, ASPIRE Onnut Station presents an ideal combination of private and shared spaces tailored for today’s dynamic urban lifestyles—at a price point that makes premium city living more accessible than ever.

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PROPERTY

Developers' Q1 profits plunge to decade-low

Business, Kanana Katharangsiporn, Published on 04/06/2025

» The first-quarter net profit of 10 SET-listed residential developers has fallen to 3.56 billion baht, the lowest level in over a decade and less than half the five-year average, attributed to the economic slowdown and sluggish housing demand, Kasikorn Securities reported.