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PROPERTY

Stecon ventures into property development

Business, Kanana Katharangsiporn, Published on 01/10/2025

» SET-listed contractor Stecon Group has diversified into property development, targeting an initial return of at least 15%, starting with a 14-billion-baht joint venture condo project with SET-listed residential developer Noble Development.

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PROPERTY

Price cuts continue to pace condo sales

Business, Kanana Katharangsiporn, Published on 24/09/2025

» New condo supply launched in Bangkok in the third quarter of 2025 continued to slow, while projects priced more than 30% below market levels recorded strong sales, according to property consultancy Colliers Thailand.

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PROPERTY

Retail property occupancy rates set to fall below 95%

Business, Kanana Katharangsiporn, Published on 23/09/2025

» New retail property supply in 2025-26 is projected to outpace demand, pushing occupancy rates below 95% while capping rental growth at 1-2% annually, as competition among major developers intensifies and demand recovery remains sluggish.

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PROPERTY

Expat demand keeps Sukhumvit dominant in rental market

Kanana Katharangsiporn, Published on 15/09/2025

» The Sukhumvit corridor continued to dominate downtown Bangkok's rental housing market in the second quarter, with expatriate demand, particularly from the Japanese, supporting high occupancy and driving rents up despite a slight quarterly dip.

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PROPERTY

Noble investor to take control

Business, Kanana Katharangsiporn, Published on 11/09/2025

» The co-chief executive of SET-listed Noble Development, currently its second-largest shareholder, is set to become its largest shareholder, with restructuring expected to be completed by mid-2026 as part of the company's transition plans.

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PROPERTY

Manufacturing performs better than other sectors

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

» Despite potentially flat growth, the industrial property sector continued to outperform other real estate segments, supported by clearer US tariff policies and strong foreign direct investment (FDI) momentum in the first half.

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PROPERTY

Phuket sees bumper year for property market

Business, Kanana Katharangsiporn, Published on 01/09/2025

» Despite a weak first half and the continued absence of Chinese buyers, Phuket's residential market in 2025 is expected to be among the busiest in terms of new launches and sales, according to property analysts.

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PROPERTY

Singapore office demand soars 12-fold

South China Morning Post, Published on 19/08/2025

» SINGAPORE — Singapore's office leasing activity surged 12-fold in the first six months of the year, topping the Asia-Pacific region, while Hong Kong leasing remained subdued amid a stubborn supply glut, according to a report by Colliers.

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PROPERTY

Singapore million-dollar flat sales hit record

Bloomberg News, Published on 13/08/2025

» SINGAPORE — A record number of Singapore public housing units were sold for S$1 million (US$780,000) or more in the June quarter, a private data provider said on Wednesday, taking the number of high-value sales in the first half of the year to almost 75% of the 2024 total.

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PROPERTY

Real estate price war on the horizon

Business, Somruedi Banchongduang, Published on 13/08/2025

» The slowdown in the real estate sector is expected to trigger a price war in the property market and dampen the purchasing power of upper-income homebuyers.