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PROPERTY

Luxury demand strong in western Bangkok

Business, Kanana Katharangsiporn, Published on 04/12/2025

» Western Bangkok is regaining momentum with new housing launches in two key price segments, 55-120 million baht and 9-12 million baht, led by major developers Sansiri and Supalai, despite an overall slowdown in the single detached housing market.

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PROPERTY

Phuket high-end markets see solid growth

Business, Kanana Katharangsiporn, Published on 27/11/2025

» Phuket's high-end villa and condo markets remain robust, supported by steady demand from foreign buyers, particularly long-stay travellers and remote workers, despite a slowdown in tourism.

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BUSINESS

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

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

Rabbit looks to return to profit amid divestment

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

» SET-listed Rabbit Holdings, a financial services and real estate subsidiary of BTS Group Holdings, expects to return to profit by year-end as part of its divestment plan.

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BUSINESS

IHG brand targeting independent hotels

Business, Kanana Katharangsiporn, Published on 02/09/2025

» International chain IHG Hotels & Resorts aims to persuade independent hotel owners to convert their properties to its new brand, Garner, with the first location in Southeast Asia and second in Asia set to open in Pattaya in November 2025.

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PROPERTY

ThirdHome targets branded residences for growth in Thailand

Business, Kanana Katharangsiporn, Published on 01/07/2025

» ThirdHome, a luxury home exchange club for second-home owners, aims to persuade branded residences in Thailand to join its network amid a sluggish property market, with the goal of doubling its Thai properties to 100 by the end of 2025.

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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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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.